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Senior Underwriter - Excess (Wholesale)

LE003 Coaction Specialty Management Company, Inc.
Morristown, NJ Full Time
POSTED ON 12/24/2024
AVAILABLE BEFORE 2/23/2025

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.

We are looking for talented and driven underwriting candidates to help us achieve our growth and profitability goals. The Senior Underwriter will be responsible for developing and managing a book of profitable Commercial E&S Excess businesses. The candidate will also be responsible for building and maintaining effective relationships with our select wholesale distribution partners. Finally, as with all Coaction employees, they will be responsible for helping generate and execute true differentiated coverage and services for the unit. 

Responsibilities

  • Account level evaluation, application of terms and price selection

  • Underwrites within established program guidelines and or underwriting authority

  • Works with Home Office Underwriting to develop and implement underwriting guidelines, appetite, and production forecast.

  • Sells the product advantages of Coaction in such a way as to differentiate Coaction from its competitors.

  • Actively engages our wholesale partners to ensure that we are aligned properly as far as appetite, opportunities, workflow, and profitability of the portfolio are concerned.

  • Identifies and communicates opportunities to increase workflow efficiency.

  • Drives product/service/selection/pricing innovation of the portfolio.

  • Conducts marketing trips to broker base on a regular basis and attends relevant industry conventions.

  • Ultimately rewarded for building a growing portfolio that is profitable and sustainable over the long term

Qualifications

  • Bachelor’s Degree preferred in business or a related field, or relevant industry experience.

  • 5 years minimum working as an Underwriter in the Wholesale Excess space

  • Strong knowledge of the Microsoft Suite with specific emphasis on Excel

  • Superior communication and organizational skills

  • Has established wholesale broker relationships

  • Advanced working knowledge of the E&S commercial excess products and concepts, UW, processes and procedures, laws and regulations, terminology, other relevant trends.

  • Successful track record of developing and maintaining strong relationships with wholesale brokers.

  • Willingness to travel 10-20% of your overall worktime, depending on need and safety.

  • Demonstrate personal accountability and integrity, and an ability to build strong, productive relationships across business.

  • Strong decision-making skills, with ability to articulate the reason behind the decision and think on your feet.  

  • Credible source of information and could challenge and influence decision makers with your excellent verbal and written communication skills.

  • Self-starter, who requires little management to get things done.  

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.

If your application is selected, you will receive an email directly from the Coaction Recruiting Team at coaction@myworkday.com asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.

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