Senior/Executive Underwriter - Contractors Segment

$78,900 - $125,200/Yr

Crum & Forster - Richardson, TX

Full-time - Mid Level

Remote - Richardson, TX

1,001-5,000 employees

Insurance Carriers and Related Activities

About the position

The Senior/Executive Underwriter position at Crum & Forster involves leveraging sales knowledge and underwriting expertise to assess risks and foster premium growth within the Guaranteed Cost Construction Department. The role emphasizes building strong relationships with brokers and agents to provide tailored insurance solutions for construction contractor clients, while ensuring compliance with company guidelines and regulatory requirements. This position is remote, primarily serving clients in Texas, and reports directly to the Territory AVP/Underwriting Director.

Responsibilities

• Source and qualify new business accounts from authorized producers.
• Make informed underwriting decisions based on thorough analysis, ensuring compliance with company guidelines and regulatory requirements.
• Maintain proper underwriting file documentation.
• Meet profitability, renewal retention, rate, and written premium goals as determined by the Territory Business Plan.
• Build and maintain strong relationships with brokers, agents, and insureds through exceptional service and support.
• Stay updated on industry trends, market conditions, and competitor activities to identify opportunities and threats.
• Oversee the issuance, renewal, and modification of insurance policies, ensuring accuracy and timeliness of delivery.
• Collaborate with Claims, Risk Engineering, Actuarial, Audit, and Financial Operations Departments to develop comprehensive insurance solutions.
• Provide guidance and mentorship to other Underwriters and Underwriting Assistants.

Requirements

• Minimum of 5 years of Underwriting and Sales experience in the construction insurance sector, focusing on casualty and property guaranteed cost policies.
• Bachelor's Degree in Business, Finance, or a related field.
• Professional designations such as CPCU or CRIS are preferred.
• Strong analytical, decision-making, and communication skills with proficiency in underwriting software and tools.
• In-depth understanding of construction risks, insurance products, and regulatory requirements.
• Detail-oriented, proactive, and able to thrive in a fast-paced environment.

Nice-to-haves

• Professional designations such as CPCU or CRIS.

Benefits

• Flexible work arrangements.
• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision.
• Wellness programs focusing on physical and mental wellbeing.
• Tuition reimbursement and professional training opportunities.
• A dynamic and exciting work environment.
• Social responsibility initiatives, including a matching donation program and volunteer opportunities.