Senior Underwriter- Primary GL

The Senior Underwriter will examine & analyze submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk.

Key Accountabilities/Deliverables:

• Build Core Specialty’s reputation and presence in the small commercial contracting,
• LRO & service liability market
• Provide prompt and accurate customer service on policy transactions
• Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
• Provide documented evidence of underwriting activities and decisions in files as required
• Support Company and Department goals and objectives
• Build Core Specialty’s relationships with our broker partners
• In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
• Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business.
  
  

Technical Knowledge and Understanding:

• Knowledge of GL Construction, Real Estate and Service Providers & current market environment
• Knowledge of underwriting practices, coverage & pricing/rating methodologies
• Knowledge of producer & competitor marketplace
• Knowledge of targeted industries
• Knowledge of insurance company operations
• Familiarity with company systems, procedures & processes
• Solid understanding of policy wordings and clauses
• Understanding of all pricing/underwriting tools available
  
  

Experience:

• Bachelor’s degree (preferably with a Risk Management & Insurance Major) or equivalent work experience.
• Achieved or working towards an industry designation such as CPCU, CRM, ARM, CIC preferred.
• Ability to travel monthly within the region to meet assigned brokers in the region.
• 3 years in the Underwriting or Broking field.
• Experience working with support services, including IT, claims, actuarial and operations.
  
  

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program