Senior Underwriter Private D&O

$130,000 - $160,000/Yr

Axis - Seattle, WA

Full-time - Senior

Remote - Seattle, WA

Crop Production

About the position

The Senior Underwriter, Private Company Management Liability (D&O, EPL, Fiduciary Liability, and Crime) at AXIS Capital will play a crucial role in analyzing, reviewing, evaluating, and monitoring new and renewal accounts within the Private Company Management Liability Practice. This position requires the exercise of independent judgment in processing accounts and managing underwriting activities, with a typical support of $5 Million in Gross Written Premium (GWP). The ideal candidate will have a strong background in Private Company Management Liability and will focus on developing a complex book of business targeting private clients with revenues under $3 billion. In this role, the Senior Underwriter will be responsible for retaining existing business while strategically prospecting new opportunities. This includes managing a book of business related to new lines, renewals, and cross-marketing of product lines within AXIS. The candidate will need to meet established divisional servicing objectives, which encompass quote turnaround, policy issuance, phone management, renewal management, file maintenance, and documentation. Analyzing and underwriting individual risks will be a key responsibility, requiring the development of appropriate limit structures, retention, pricing, and endorsements within underwriting guidelines. The work environment is hybrid, allowing for flexibility with two days of remote work and three days in the office located in either San Francisco or Los Angeles. Regular travel is expected to meet with brokers and clients, as well as to attend industry and company events, which provide valuable networking opportunities and insights into industry trends and innovations. The Senior Underwriter will also be involved in special projects and department initiatives, coordinating with branch marketing representatives and profit center representatives to facilitate cross-marketing efforts.

Responsibilities

• Retain existing business while strategically prospecting new opportunities, targeting Private Company Management Liability.
• Manage a book of business regarding new lines, renewals, and cross-marketing of product lines within AXIS, typically more than $5 Million in GWP.
• Meet established divisional servicing objectives related to quote turnaround, policy issuance, phone management, renewal management, file maintenance, and documentation.
• Analyze and underwrite individual risks. Develop appropriate limit structure, retention, pricing, and endorsements within underwriting guidelines.
• Continue to develop and update product and underwriting knowledge.
• Participate in prospecting by identifying new business targets, opportunities, and work closely with retail brokers to ensure the department receives the opportunity to offer proposals. Make strategy recommendations to the supervisor.
• Review and evaluate primarily new business based on company underwriting guidelines, competition, and geographic focus. Develop strategy and make recommendations.
• Perform the required number of broker marketing calls, including out-of-state travel.
• Solicit new accounts, gather market intelligence, and deliver up-to-date department information on products and services.
• Manage select agency relationships to ensure objectives are achieved.
• Maintain up-to-date familiarity with economic and legal factors impacting the department's business lines and the insurance industry.
• Participate in special projects department initiatives.
• Coordinate with branch marketing representatives and profit center representatives to allow for cross-marketing.

Requirements

• Bachelor's degree
• Five or more years' experience in underwriting Management Liability (D&O, EPL, FL, and Crime)
• Direct background targeting insureds with revenues under $3 billion
• Strong presentation and people skills
• Ability to establish broker relationships within the region
• In-depth knowledge of management liability products and market trends
• Analytical mindset with strong attention to detail
• Proven ability to build and maintain strong broker relationships
• Experience with underwriting systems and risk modeling tools
• Adaptability to changing market conditions and emerging risks
• Team player with a collaborative approach to problem-solving
• Self-motivated with excellent time management and organizational skills
• Commitment to continuous learning and professional development

Benefits

• Medical plans for employees and their families
• Health and wellness programs
• Retirement plans
• Tuition reimbursement
• Paid vacation
• Competitive incentive targets based on corporate and individual performance