MSIG USA
Overview
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a global P&C carrier and insurer. This underwriter role focuses on the construction business, responsible for underwriting and servicing profitable builders risk business through relationships with construction brokers. Responsibilities
Underwrites and services both project and master builders risks within delegated underwriting authority. Also underwrites related Inland Marine classes, including contractors equipment, riggers liability, installation projects, and transportation. Profitability & Underwriting Quality (50%): Apply appropriate account selection, coverage, risk management, aggregate management, reinsurance and pricing techniques according to department guidelines to achieve target profitability for all new, renewal and endorsement activity within the assigned book of business. Maintain underwriting files and systems in accordance with department guidelines. Ensure aggregate management and risk management activities are appropriate to the risk, and that systems reflect current and accurate data for assigned accounts per guidelines. Monitor underwriting results, loss trends and market developments for assigned business and producers within the territory. Implement best practices in account management throughout the underwriting cycle, coordinating with other internal business units as appropriate. Volume & Marketing
Maintain existing accounts and develop new sources of business in line with department risk appetite and guidelines to achieve targeted volume. Establish and maintain effective producer and client relationships within the assigned territory. Coordinate activities with other internal business units as appropriate. Provide timely and best-in-class professional service to our customers. Promote a positive impression of MSIG to producers, insureds and within the marketplace. Training & Development
Enhance technical expertise through continuing education opportunities as appropriate and available. Assist in training, mentoring and development of other department staff. Qualifications
Education And Experience Required High School degree is required. Bachelor’s degree or equivalent business experience preferable. CPCU/insurance designations encouraged. 3+ years of relevant underwriting experience with demonstrated productivity, profitability and business acumen. Strong knowledge and technical expertise of relevant risks including exposures, forms, coverages, pricing methods, aggregate management, reinsurance and account management. Demonstrated market presence with the ability to form lasting producer relationships and in-depth knowledge of production sources and market capabilities within the assigned territory and product lines. Strong portfolio management, organization, negotiation and time management skills with an understanding of the company’s business objectives. Demonstrated ability to work effectively within cross-disciplinary teams. It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. MSIG USA will provide reasonable accommodations for qualified individuals with disabilities. Job Details
Seniority level: Entry level Employment type: Full-time Job function: Finance and Sales Industries: Insurance Location: Los Angeles, CA
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MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a global P&C carrier and insurer. This underwriter role focuses on the construction business, responsible for underwriting and servicing profitable builders risk business through relationships with construction brokers. Responsibilities
Underwrites and services both project and master builders risks within delegated underwriting authority. Also underwrites related Inland Marine classes, including contractors equipment, riggers liability, installation projects, and transportation. Profitability & Underwriting Quality (50%): Apply appropriate account selection, coverage, risk management, aggregate management, reinsurance and pricing techniques according to department guidelines to achieve target profitability for all new, renewal and endorsement activity within the assigned book of business. Maintain underwriting files and systems in accordance with department guidelines. Ensure aggregate management and risk management activities are appropriate to the risk, and that systems reflect current and accurate data for assigned accounts per guidelines. Monitor underwriting results, loss trends and market developments for assigned business and producers within the territory. Implement best practices in account management throughout the underwriting cycle, coordinating with other internal business units as appropriate. Volume & Marketing
Maintain existing accounts and develop new sources of business in line with department risk appetite and guidelines to achieve targeted volume. Establish and maintain effective producer and client relationships within the assigned territory. Coordinate activities with other internal business units as appropriate. Provide timely and best-in-class professional service to our customers. Promote a positive impression of MSIG to producers, insureds and within the marketplace. Training & Development
Enhance technical expertise through continuing education opportunities as appropriate and available. Assist in training, mentoring and development of other department staff. Qualifications
Education And Experience Required High School degree is required. Bachelor’s degree or equivalent business experience preferable. CPCU/insurance designations encouraged. 3+ years of relevant underwriting experience with demonstrated productivity, profitability and business acumen. Strong knowledge and technical expertise of relevant risks including exposures, forms, coverages, pricing methods, aggregate management, reinsurance and account management. Demonstrated market presence with the ability to form lasting producer relationships and in-depth knowledge of production sources and market capabilities within the assigned territory and product lines. Strong portfolio management, organization, negotiation and time management skills with an understanding of the company’s business objectives. Demonstrated ability to work effectively within cross-disciplinary teams. It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. MSIG USA will provide reasonable accommodations for qualified individuals with disabilities. Job Details
Seniority level: Entry level Employment type: Full-time Job function: Finance and Sales Industries: Insurance Location: Los Angeles, CA
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