James River Insurance Company
Associate - Executive Underwriter (Excess Casualty)
James River Insurance Company, Richmond, Virginia, United States, 23214
Associate - Executive Underwriter (Excess Casualty)
Job Summary
The Excess Casualty Underwriter will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculate appropriate premium, and determine proper terms for acceptable risks and respond to brokers when risks do not meet underwriting guidelines. Underwriters are also responsible for developing and maintaining profitable business relationships with brokers.
Duties And Responsibilities
Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
Analyze new business opportunities and develop renewal strategies
Attain quote, premium and division goals as assigned
Develop and maintain strong relationships with brokers
Use critical thinking and problem solving skills to negotiate with brokers on placements
Travel to meet with brokers within assigned territory at least three times per year
Other duties as assigned
Knowledge, Skills And Abilities
Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts
Ability to effectively assess risk
Excellent verbal and written communication skills
Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices
Solid knowledge of underwriting philosophy and techniques
Proven problem solving and decision making skills
Strong negotiation skills
Ability to multi-task
High level of initiative and motivation
Strong work ethic with a drive to succeed
Solid customer service and relationship building skills
Proficiency in MS Office (Word, Excel, Outlook) and Internet researching
Experience And Education
Associate Underwriter
Bachelor’s Degree or a minimum of 3 years of relevant work experience
Industry associated classes or courses preferred
Underwriter
Bachelor’s Degree or equivalent work experience
Minimum of 2 years of related underwriting experience preferably in Excess and Surplus lines
Preferably pursuing courses toward professional designations or continuing education.
Senior Underwriter
Bachelor’s degree or equivalent work experience
Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines
Professional designation is preferred
Underwriting Specialist
15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge
Bachelor’s Degree or equivalent work experience
Specific experience in marketing and underwriting of the division related products
Professional designation is preferred
Executive Underwriter
20+ years industry experience, 15+ years in Excess and Surplus lines with specialized coverage and product knowledge
Bachelor’s Degree or equivalent work experience
Specific experience in marketing and underwriting of the division related products
Professional designation is preferred
Please note that this position is not eligible for H-1B visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.
Seniority Level: Mid-Senior level
Employment Type: Full-time
Job Function: Finance and Sales
Industry: Insurance
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The Excess Casualty Underwriter will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculate appropriate premium, and determine proper terms for acceptable risks and respond to brokers when risks do not meet underwriting guidelines. Underwriters are also responsible for developing and maintaining profitable business relationships with brokers.
Duties And Responsibilities
Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
Analyze new business opportunities and develop renewal strategies
Attain quote, premium and division goals as assigned
Develop and maintain strong relationships with brokers
Use critical thinking and problem solving skills to negotiate with brokers on placements
Travel to meet with brokers within assigned territory at least three times per year
Other duties as assigned
Knowledge, Skills And Abilities
Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts
Ability to effectively assess risk
Excellent verbal and written communication skills
Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices
Solid knowledge of underwriting philosophy and techniques
Proven problem solving and decision making skills
Strong negotiation skills
Ability to multi-task
High level of initiative and motivation
Strong work ethic with a drive to succeed
Solid customer service and relationship building skills
Proficiency in MS Office (Word, Excel, Outlook) and Internet researching
Experience And Education
Associate Underwriter
Bachelor’s Degree or a minimum of 3 years of relevant work experience
Industry associated classes or courses preferred
Underwriter
Bachelor’s Degree or equivalent work experience
Minimum of 2 years of related underwriting experience preferably in Excess and Surplus lines
Preferably pursuing courses toward professional designations or continuing education.
Senior Underwriter
Bachelor’s degree or equivalent work experience
Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines
Professional designation is preferred
Underwriting Specialist
15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge
Bachelor’s Degree or equivalent work experience
Specific experience in marketing and underwriting of the division related products
Professional designation is preferred
Executive Underwriter
20+ years industry experience, 15+ years in Excess and Surplus lines with specialized coverage and product knowledge
Bachelor’s Degree or equivalent work experience
Specific experience in marketing and underwriting of the division related products
Professional designation is preferred
Please note that this position is not eligible for H-1B visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.
Seniority Level: Mid-Senior level
Employment Type: Full-time
Job Function: Finance and Sales
Industry: Insurance
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