What are the responsibilities and job description for the Senior Underwriter, Inland Marine position at Ascot Group?
Job Description
This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose : One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model : Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service - both pre- and post-claims. Ascot exists to solve for our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline.
Job Summary :
The Senior Underwriter, Inland Marine will be responsible for driving profitable growth with retail and wholesale brokers. This position will collaborate with the broader Marine team. We are looking for a candidate who is highly motivated, and results-oriented with solid business and underwriting acumen.
- Manage the profitability, growth, and retention of an assigned Inland Marine and Related Property book of business through execution of individual risk underwriting and adherence to the strategic plan of the unit.
- Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability.
- Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long-term profitability at account level.
- Work independently within delegated underwriting authority and make referrals as required.
- Cultivate and maintain relationships with internal partners across functional areas to identify cross-selling opportunities, assist in product development and operational excellence.
- Foster and maintain external broker and agency relationships to market and sell Ascot's products and execute on individual territory management plan.
- Evaluates reinsurance requirements and implements appropriate action.
- Perform other duties as assigned.
Requirements :
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company. The base salary range for this position is $120,000 - $140,000.
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply) :
Health and Welfare Benefits : Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work / Life Resources (including Employee Assistance Program), and more
Leave Benefits : Paid holidays, annual Paid Time Off (includes paid state / local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits : Contributory Savings Plan (401k)
LI-Hybrid
Salary : $120,000 - $140,000
