What are the responsibilities and job description for the Senior Underwriter position at Starr Insurance Companies?
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Starr Insurance is a global leader in providing innovative insurance solutions. We are committed to delivering exceptional service and expertise to our clients. Our Crisis Management Team is at the forefront of addressing complex risks, and we are looking for a dynamic Senior Underwriter to join our team in the Midwest. We are seeking a highly motivated and experienced Senior Underwriter to join our Crisis Management Team. This role is pivotal in driving business results for an assigned book of business, with a strong focus on new business production and account management. The ideal candidate will have a proven track record in underwriting, particularly in Crisis Management products, and will be responsible for managing the development, growth, and profitability of their portfolio.
Key Responsibilities :
New Business Production & Account Management : Proactively identify and pursue new business opportunities while maintaining and nurturing existing client relationships.
Portfolio Management : Oversee the development, growth, and profitability of the assigned book of business and / or territory. Ensure accountability for underwriting production goals.
Underwriting Expertise : Underwrite a range of Crisis Management products, including :
Product Contamination Insurance
Product Recall Insurance
Restaurant Foodborne Illness Insurance
Corporate Kidnap, Ransom, and Extortion
Workplace and Political Violence Response Insurance
Pipeline Tracking & Forecasting : Monitor and forecast production, budget, rate movements, and loss activity within the portfolio.
Producer Development : Cultivate and manage relationships with wholesale and retail brokers. Engage with brokers to drive business growth.
Market Presence : Travel to key markets and accounts, maintaining high visibility and engagement in the marketplace.
Product Development : Contribute to the development and revision of products, marketing materials, and underwriting templates.
Cross-Marketing : Collaborate with other Starr product teams to identify cross-marketing opportunities.
Data Collaboration : Provide data and insights to actuarial, claims, and finance teams as needed.
Qualifications :
Education : Bachelor's degree in Business Administration, Insurance, Food Safety & Quality, Engineering / Science, or a related field.
Experience : Minimum of 5 years of commercial insurance experience, with at least 3 years in underwriting preferred. Experience in Crisis Management or similar products is highly desirable.
Track Record : Demonstrated success in managing an insurance portfolio and developing strong relationships with wholesale and retail brokers.
Technical Skills : Proficiency in Microsoft Excel, Word, and Outlook. Strong presentation skills are essential.
Other Skills & Abilities :
Excellent communication and interpersonal skills.
Strong analytical and problem-solving abilities.
Ability to work independently and as part of a team.
High level of integrity and professionalism.
Why Join Starr Insurance?
Innovative Environment : Be part of a forward-thinking team that is shaping the future of crisis management insurance.
Career Growth : Opportunities for professional development and career advancement.
Competitive Compensation : Attractive salary and benefits package.
If you are a dynamic and experienced underwriter with a passion for crisis management, we invite you to apply for this exciting opportunity. Join us at Starr Insurance and make a significant impact in the world of insurance.
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
