Job Description
This position is a part of our Core Specialty Leaders in Training, full-time early careers, leadership development program. Please see below the Associate Underwriter posting for more information about this exciting program.
The Associate Underwriter will work within a dynamic underwriting unit focused on producing profitable Directors & Officers (D&O) underwriting results to assist with growing our book of business. To develop of network or following of producer relationships within assigned brokerages through dynamic marketing efforts via travel and technology resources.
Key Accountabilities/Deliverables: - Marketing, producing accounts, understanding D&O exposures, knowing how to price accounts and the policy forms to use. The underwriter must make sure to write business within the reinsurance guidelines. The goal is to write a growing profitable book of business
- Expected to travel
- Will have developed key relationships with assigned producers
- Must understand the Lines of business, forms and pricing the exposures written
- Demonstrate professional conduct, a strong work ethic and strong relationships internally
- Must be disciplined and conservative to maintain an underwriting standard of writing quality business at a profitable level
- Understand key risk exposures and claims examples
- Must act with integrity and be trustworthy
- Work towards and complete the RPLU (Registered Professional Liability Underwriter) designation by end of year 2
- Ability to analyze risks
- Set proper terms and conditions including pricing towards our stated loss ratio goals
- Work within established letter of authority and parameters of our reinsurance treaty
- Understand key components of our coverage lines and product offering
- Demonstrated knowledge of the D&O market and key stake holders and competitors
Technical Knowledge and Understanding: - Must be proficient in Microsoft office applications including Excel, Outlook, PowerPoint as well as be familiar with Adobe Acrobat
- Ability and desire to build customer relationships with our brokers across the country, and internally with team members
- Excellent communication skills
Experience: - Bachelor's degree in Insurance Risk Management, Finance, Business or a related degree
- Must be able to work in the U.S. without current or future sponsorship.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
CORE SPECIALTY LEADERS IN TRAINING PROGRAM This position is part of our Core Specialty Leaders in Training, leadership development program. This is an exciting, full-time rotational program for graduating university seniors and early career professionals.
The Core Specialty Leaders in Training Program is a two-year, three rotation program designed to help you develop the technical competencies and leadership acumen to kick-start your career. You'll have the opportunity to do a deep dive and build expertise in your chosen track by getting to experience rotations in different areas of your function.
You worked hard to achieve your dream of obtaining a college degree, now it's time to do the same as you launch your career in Core Specialty's Leaders in Training Program. We believe that the best way to figure out where you want to go in life is to try new things. Let us give you the opportunity to explore an exciting career path in a supportive and encouraging environment where every ambition is within reach.
Our Leaders in Training program is designed to help you build your career as a leader of tomorrow. As a participant in this program, you will have the opportunity to build deep professional, company and industry expertise through meaningful assignments, networking and real-world experiences.
OUR BENEFITS At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program.
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
Job Tags
Full time, Temporary work, Rotational program, Work visa, Flexible hours,