We are Hiring!
Position: Executive Underwriter, Inland Marine
Location: Remote
Ideal locations: Dallas, Austin, Houston, New York, New Jersey, 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.
Want to learn more about our exciting journey? Go to plmr.com to learn more. Investor Relations - Palomar Holdings, Inc.
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.
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