What are the responsibilities and job description for the Senior Underwriting Specialist position at Starr Insurance?
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.
Essential Job Functions:
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.
Essential Job Functions:
- Assist in the creation and design of customized fronted captive and indemnity programs for client’s unique global property & casualty insurance needs.
- Build strong and long-term relationships with clients, producers and outside venders
- Collaborate with internal stakeholders to ensure effectiveness and timeliness of program creation and launches. Internal stakeholders include credit, legal, underwriting, claims, actuarial, reinsurance recoverable, operations and compliance departments.
- Contribute to coverage creation and contract development to meet the client’s needs while ensuring compliance with company and regulatory requirements
- Maintain, oversee and monitor renewal book and various team initiatives including profitability of the assigned portfolio.
- Responsible for servicing new and renewals including managing proposals, binders, invoicing and policy documents
- Cross-sell with various global underwriting teams to create a blended and customizable insurance program which blends risk transfer and alternative risk financing solutions
- Assist in developing product and/or rate revisions, underwriting guidelines, manuals, and procedures.
- When required attend client and producer sponsored meetings.
- Attend various industry specific conferences to expand knowledge and help build relationships
- Responsible for maintaining accurate underwriting and documentation of files.
- Occasional travel may be required for meetings
- 7-10 years of direct underwriting in a multiline environment that includes multinational.
- Solution oriented – ability to understand client’s core issues and create innovative and strategic solutions
- Need to be an outside-the-box thinker, interested in pushing boundaries and developing creative solutions to solve a variety of partner and customer problems
- Experience with various types of coverages and captive insurance company operations is preferred.
- Bachelor’s Degree –Risk Management desirable
- Strong interpersonal skills; must be able to interface and build working relationships with all levels within the company and with or external partners and clients.
- Ability to work in fast-paced team environment, handling multiple accounts, tasks and deadlines and prioritize working independently and also supporting a team environment
- Excellent oral and written communication
- Customer service focused
- Desire to learn and question