Senior Underwriter - Contractors Segment Risk Management
Crum & Forster Holdings - Morristown, NJ
posted 2 days ago
About the position
Crum & Forster's Contractors Segment is looking for a bright and energized individual with an entrepreneurial spirit to join our Risk Management Construction Department. The individual would be responsible for sourcing new business accounts as defined in the Risk Management Construction appetite as well as having a basic understanding of financial statements of prospective clients. Additionally, this individual will need to build, maintain and service a profitable book of business under direct supervision of the VP of the Risk Management Construction Department. This position will train with on the job and educational activities to build knowledge base, manage agency relationships through continued customer service and marketing activities, and collaborate with colleagues to achieve synergy between different business units.
Responsibilities
- Work with VP and or UW Director on active new and renewal business accounts learning loss sensitive underwriting
- Underwrite new business submissions that fit into the department's appetite, including proper exposure and operational analysis, review of loss runs and loss trends, account pricing through actuarial modeling, coordinating with internal business partners (i.e. credit, claims)
- Quarterback the Stewardship process for both prospect clients and existing clients, coordinating pre-quote and post-bind meetings with the agent and client including C&F Claims and Risk Engineering teams
- Meet the department's profitability, retention, rate and gross written premium goals determined in the annual plan
- Adhere to the department's internal processes and maintain proper account documentation
- Identify and develop new agencies for the department through marketing/sales efforts (physical visits, in-person events, calls, social media posts)
- Effectively build and foster relationships by managing assigned territory, agents, and accounts
- Participate in training to develop knowledge of department, products, and services within the department and across the C&F enterprise
- Assist and or lead various projects (i.e. product development, workflow innovation, etc.)
- Travel as required
- Other duties as assigned
Requirements
- Bachelor's degree desired
- Exposure in underwriting primary lines of business: workers' compensation, general liability, auto physical damage
- Experience in construction underwriting, and excess/umbrella preferred but not required; should have GL, Auto, WC experience
- Strong communication, analytical skills, and business acumen
- Energetic, driven, persistent winning attitude
- Excellent organizational and time management skills with a commitment to honesty, integrity and unwavering business ethics
- Continuing insurance industry designations desired (i.e. AINS, ARM, CPCU, etc.)
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 complete wellness, including physical and mental wellbeing
- Tuition reimbursement, industry-related certifications, and professional training available
- Dynamic, ambitious, fun and exciting work environment
- Spirit of social responsibility, matching donation program, volunteer opportunities, and employee-driven corporate giving
