Program Underwriter, Surplus Lines

Odyssey Group Holdings Limited - Richmond, VA

Full-time

Remote - Richmond, VA

About the position

The Program Underwriter for Surplus Lines at Hudson Insurance Group plays a crucial role in developing and managing profitable insurance program business. This position is focused on the commercial property and casualty risks, particularly those delivered on an excess and surplus lines basis across the country. The Program Underwriter will be responsible for managing a select number of program administrators, driving profitable growth within Hudson's General Liability (GL) programs division. This role requires individual account underwriting for risks that fall outside of delegated underwriting authority, emphasizing the importance of building and enhancing relationships to create a profitable book of business. In this position, the Program Underwriter will support the review and oversight of various Managing General Agent (MGA)-written property and casualty insurance programs. This includes handling basic underwriting referrals on a one-off basis and collaborating with actuarial and program management teams to evaluate program performance. The underwriter will work to establish measurable action plans for improvement when necessary and participate in the performance and documentation of audits of program administrators. Establishing clear underwriting guidelines for assigned programs is essential, as is representing the company's interests in managing day-to-day interactions with MGA underwriters. The role may also involve other duties as assigned, contributing to the overall success of the underwriting team and the organization as a whole.

Responsibilities

• Support the review and oversight of various MGA-written property and casualty insurance programs.
• Handle basic underwriting referrals on a one-off basis.
• Work with actuarial and program management in the evaluation of program performance and establish measurable action plans for improvement where needed.
• Participate in the performance and documentation of audits of program administrators.
• Establish clear underwriting guidelines for assigned programs and represent the company's interests in managing day-to-day interaction with MGA underwriters.
• Perform other duties as assigned.

Requirements

• 8+ years of Excess and Surplus lines property and casualty underwriting experience.
• Bachelor's degree or equivalent work experience.
• AIS, ASLI, AU and CPCU designations or completion of other insurance related classes is preferred.
• Familiarity with underwriting concepts and basic actuarial, finance, and reinsurance terms.
• Ability to review and edit property and casualty underwriting guidelines.
• Ability to work a hybrid schedule (work-from-home and in office).
• Ability to travel up to 25% of the time within assigned territory or to industry events as required.