Crum & Forster

posted 5 months ago

Full-time - Mid Level
Remote
1,001-5,000 employees
Insurance Carriers and Related Activities

About the position

As a Senior Underwriter for Seneca Custom Property at Crum & Forster, you will play a crucial role in the risk selection and pricing of property insurance. Your responsibilities will include analyzing coverage and limit requests, determining the terms to offer, and pricing business in accordance with company guidelines. You will utilize your independent judgment and initiative to support business goals while maintaining underwriting discipline and adhering to the company's bottom line philosophy. It is essential to remain within your designated authority and seek approval when necessary, ensuring that all underwriting decisions are well-documented with a complete thought process. In this position, you will also be responsible for verifying claims information from prior years, assessing risk quality, and ensuring compliance with company guidelines. You will initiate appropriate loss prevention actions and develop effective business relationships with clients to attract and retain profitable business. Additionally, you will be tasked with placing reinsurance according to corporate guidelines, which is vital for managing risk effectively. This role is open to remote locations within the Mid Atlantic Region, including New Jersey, Delaware, Maryland, Virginia, and eastern Pennsylvania. Crum & Forster is committed to fostering an inclusive and diverse workplace, and you will be part of a team that values equal employment opportunities and supports your professional growth.

Responsibilities

  • Has responsibility for risk selection / rejection, pricing, retention, growth and profitability per objective (Business & Renewals)
  • Analyzes coverage and limit requests and decides what terms to offer
  • Prices business in accordance with company guidelines
  • Uses independent judgement and initiative to support business goals
  • Maintains underwriting discipline by maintaining bottom line underwriting philosophy
  • Remain within designated authority and seek approval as needed
  • Documenting files appropriately with complete underwriting thought process
  • Verify claims information from prior years
  • Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions
  • Develops and maintains effective business relationships with clients in order to attract and retain profitable business
  • Places reinsurance according to corporate guidelines

Requirements

  • 5-10 years of Property Underwriting Experience
  • Experience working with wholesale brokers
  • Excellent technical and marketing skills required
  • Knowledge of market and regulatory environment
  • Strong communication, negotiation and organizational skills required
  • College degree or equivalent is preferred
  • ARM and CPCU designations are a plus.

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
  • Industry related certifications and professional training
  • Dynamic, ambitious, fun and exciting work environment
  • Spirit of social responsibility, matching donation program, volunteer opportunities, and employee driven corporate giving
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