What are the responsibilities and job description for the Executive Underwriter, Inland Marine (Washington) position at Palomar Specialty Insurance Company?
We are Hiring!Position : Executive Underwriter, Inland MarineLocation : Remote (Seattle, WA)Why choose Palomar?Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. We welcome self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.Join a company built on a culture of agility, innovation, and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.The Details : We are looking for an experienced Executive Underwriter for our Inland Marine lines. Successful candidates must be able to produce and manage a profitable book of business through the development of relationships with brokers and customers. You will use our proprietary software to help you achieve results and share your industry expertise with other underwriters on your team. The Executive Underwriter will report to the VP, Underwriting, Inland Marine.What will you do? (Job Duties)Select, price, quote and review new & renewal business in accordance with company underwriting guidelines and experienced underwriting judgment.Independently work with assigned distribution channels to appropriately select risks, evaluate and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.Establish and maintain strong business relationships to develop new opportunities as well as visit brokers / producers to retain existing accounts in support of the producer and territory management plan.Be well versed in underwriting Inland Marine lines of business with emphasis on Builders Risk both primary and quota share.Independently review engineering information to assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.Evaluate reinsurance requirements and implement appropriate action.Communicate and collaborate across disciplines to establish and maintain relationships to achieve organizational and policyholder success.Actively continue to improve personal knowledge and practices of the insurance industry through work experience, in-house instruction, insurance specific designations (e.g., CPCU), industry courses, home office seminars, and workshops.What we are looking for : (Experience)Minimum 5 years of inland marine insurance experienceBachelor’s degree requiredExcellent communication skills, both verbal and writtenAbility to apply underwriting / appetite, tools, systems, and resources to achieve goals, solve complex problemsAble to quickly establish and build healthy working relationships, excels in mentoring relationshipsDrives for results and takes initiative to help support the teamAbility to quickly learn and work in various technical platformsCPCU or professional insurance designation strongly preferredProfessional, analytical, and adaptable attitudeAbility to organize, self-prioritize, and be a self-starter in a fast-paced environment with demanding internal and external deadlinesWe love people who want to : Build strong relationships through transparency, trust, and respect for each other.Work in an agile environment, with a resilient mindset to find creative solutions to challenges.Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.Do the right thing with strong conviction and integrity.Be bold and innovative to help make an impact.What will you get in return?Full Suite of Medical BenefitsLong Term Financial Incentives : All team members receive company equity.401k with 3.5% automatic fully vested Employer ContributionCompetitive PTO Holiday ProgramHybrid Work EnvironmentLifestyle Spending AccountProfessional Development AssistanceCareer Exploration OpportunitiesRegular company-wide social events (even virtually!)Diversity at PalomarAt Palomar, we are committed to diversity, equality, and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.Accommodations : Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. We will also consider necessary modifications to the physical work environment or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position.For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.Pay Range : $125,000 – $190,000The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location.APPLY NOW#J-18808-Ljbffr
Salary : $125,000 - $190,000