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Faraday

Contract P&C Underwriter

Faraday, Stamford

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Shape Your Future With Us
GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies .

GenStar currently offers an excellent opportunity for a Contract P&C Underwriter based in our Chicago or Los Angeles office. This is a hybrid role.

Role Description

The ideal candidate will analyze, underwrite, and manage a delegated book of Property and Casualty Risks written through a group of select MGAs for the Contract P&C Unit. The candidate will manage the overall relationship with the appointed MGAs, be responsible for program changes, and provide training on new and existing products.

Responsibilities
  • Establish and maintain a disciplined underwriting and client management approach with the ultimate objective of writing business to an expected underwriting profit.
  • Evaluate and audit a book of business produced by select MGAs in accordance with established underwriting guidelines. Monitor the quality of risks, the pricing, and the trends associated with the book.
  • Handle submissions that consist mostly of referrals from MGA underwriters as required by underwriting guidelines. Quote larger and more complex accounts when needed.
  • Develop effective personal business relationships with both existing and new clients through daily interaction and periodic travel to client locations and industry events. The position requires approximately 20% travel.
  • Participate in various special projects and in product development.
Qualifications and Experience
  • 1+ years of underwriting experience in commercial lines.
  • Undergraduate college degree.
  • Strong verbal and written communication skills.
  • Strong/polished interpersonal and presentation skills.
  • Natural aptitude for teamwork and initiative.
  • Critical thinking and organizational ability.
  • Proficiency in Word, Excel, and Lotus Notes.
  • Strong analytical skills.
Salary Range

91,000.00 - 152,000.00 USD

Our Corporate Headquarters Address

General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (US)

At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is our policy to provide equal employment opportunities to all applicants without regard to race, color, sex, religion, national origin, age, disability, marital status, military service, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by law. We also provide reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

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