What are the responsibilities and job description for the Senior Underwriter, Cyber and E&O position at Westfield Specialty?
The Senior Underwriters are responsible for underwriting a complex book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management, and growth of the overall portfolio of business, implementing proper underwriting discipline/guidelines, marketing, and servicing of existing and potential clients.
- Growing and managing a portfolio of profitable business focused on providing Cyber Liability and Technology Errors & Omissions (E&O) coverage.
- Compliance with underwriting guidelines, systems, and procedures to align with all underwriting and administrative guidelines
- Marketing - attend client/broker meetings, lunches, dinners, and other social outings as applicable.
- Meet with key brokers regularly to discuss production, service and other topics relative to division operations
- General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations
- Seek input from Actuarial Department to set process specific accounts when appropriate
- Liaise with Claims Department on any specific claims activity and overall market claims concerns, which could potentially affect profitability
- Stay current with respect to major industry issues and developments
- Provide specific reports as needed by senior staff
- 4-year college degree required
- Minimum 2-3 years underwriting experience
- Cyber and E&O experience strongly preferred
- Solid Writing and Communication Skills
- Excellent organizational skills, and ability to multi-task
- Ability to work independently in a fast-paced environment
- Willingness to travel
- Must be able to think originally, be willing to challenge ideas and be receptive to constructive feedback
This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.
Westfield Specialty is proud to be an Equal Employment Opportunity employer. We celebrate diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.
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Westfield celebrates diversity and is committed to inclusion. All qualified applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
