What are the responsibilities and job description for the Production Underwriter for E&S/Wholesale Insurance Company position at Novatae Risk Group?
The production underwriter will be responsible for low to moderately complex risk selection/rejection, pricing, retention, growth and profitability within scope of authority and per divisional objectives. Uses independent judgement and initiative to support business goals. Receives and analyzes submissions and determines terms to offer within granted authority. Prices business in accordance with program guidelines. Assess risk quality and compliance within program guidelines. Orders miscellaneous business reports needed in rating and underwriting processes, including financial agreements and underwriting surveys. Makes recommendations on risks over authority. Prepares effective internal and external communications on underwriting summaries and issues. Our salary range is between $75,000 and $85,000 for an office role in St. Louis. A discretionary bonus may apply to the qualified candidate.
Responsibilities
At Novatae Risk Group, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. Novatae is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, Novatae makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Responsibilities
- Review and approve new business, endorsements, renewals and remarkets that fall within underwriting authority and applicable market guidelines; refer risks that fall outside authority or guidelines
- Review risk management information to identify and recommend risk mitigation solutions and requirements
- Consult and assist agents with understanding appetite and apply that knowledge to risk selection
- Create and present new business and renewal proposals
- Develop and retain agency and market relationships
- Collaborate with team members to make sound business decisions
- Bachelor’s degree or equivalent
- Minimum 1–3 years of wholesale/E&S market with underwriting experience
- Exceptional oral and written communication skills and ability to work efficiently and collaboratively with other departments
- Motivated and organized self-starter with strong attention to detail
- Ability to exercise sound and independent judgement
- Reliable and strong team player
- Comfortable working under pressure to balance production timelines with individual client needs
At Novatae Risk Group, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. Novatae is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, Novatae makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
Salary : $75,000 - $85,000
