Underwriter - Contractors Segment Risk Management

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization.  For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

Contractors Segment

Risk Management Construction - Underwriter - Fully remote capable

Summary

Crum & Forster’s Contractors Segment is looking for a bright and energized individual with an entrepreneurial spirit to join our Risk Management Construction Department.  The individual would be responsible for sourcing new business accounts as defined in the Risk Management Construction appetite as well as having a basic understanding of financial statements of prospective clients. Additionally, this individual will need to build, maintain and service a profitable book of business under direct supervision of the VP of the Risk Management Construction Department.  This position will train with on the job and educational activities to build knowledge base, manage agency relationships through continued customer service and marketing activities, and collaborate with colleagues to achieve synergy between different business units.

Primary Duties & Responsibilities

· Work with VP and or UW Director on active new and renewal business accounts learning loss sensitive underwriting

· Underwrite new business submissions that fit into the department’s appetite. This includes (but not limited to) proper exposure and operational analysis, review of loss     runs and loss trends, account pricing through actuarial modeling, coordinating with internal business partners (i.e. credit, claims) etc.

· Quarterback the Stewardship process for both prospect clients and existing clients. Entails coordinating pre-quote and post-bind meetings with the agent and client           including C&F Claims and Risk Engineering teams.  

· Meet the department’s profitability, retention, rate and gross written premium goals determined in the annual plan.

• Adhere to the department’s internal processes. Also maintain proper account documentation.
• Identify and develop new agencies for the department through marketing/sales efforts (physical visits, in-person event, calls, social media posts)
• Effectively displays ability to build and foster relationships by managing assigned territory, agents, and accounts.
• Participates in training to develop knowledge of department, products, and services within the department and across the C&F enterprise.
• Assist and or lead various projects (i.e. product development, workflow innovation, etc.)
• Travel requirement: As required
• Other duties as assigned.

Recommended Education & Requirements  

 ·  Bachelor's degree

·   Exposure in underwriting primary lines of business: workers’ compensation, general liability, auto physical damage.

·   Experience in construction underwriting, and excess/umbrella, preferred but not required

·   Strong communication, analytical skills, and business acumen

·   Energetic, driven, persistent  winning attitude

·   Excellent organizational and time management skills with a commitment to honesty, integrity and unwavering business ethics.

·   Continuing insurance industry designations desired (i.e. AINS, ARM, CPCU, etc.) 

What C&F will bring to you

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

For California Residents Only:  Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.  Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $65,000 to a maximum of $95,300. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

• Flexible work arrangements.
• Competitive compensation package.  
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
• A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.

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Salary : $65,000 - $95,300