San Francisco, California, United States of America
Full Time
3 weeks ago
$148,614 - $201,066 USD
No Visa Sponsorship
About this role
Role Overview
Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross-selling
Underwrite new and renewal accounts to meet top and bottom line targets
Negotiate price and terms and conditions with producers
Proactively manage capacity
Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LOBs)
Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
Ensure contract certainty is achieved on all accounts at time of inception and utilization of global pricing tools
Ensure placing and binding of FAC Reinsurance prior to policy inception
Underwrite in line with LOB governance framework
e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
Proactively support completion of policy administration and credit control processes
Contribute to development and execution of regional Underwriting strategy for LoB regionally
Training, developing and coaching of less experienced staff (including Underwriters)
Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
Requirements
4-12 years experience in proven track record in Underwriting profitable business in LoB.
Good understanding of LoB products and portfolio
4-12 years experience in demonstrating established relationships with brokers at peer group level and established within market
4-12 years experience in understanding of regional / local LoB insurance markets and competitor landscape
College degree preferably in Economics, Finance, Insurance Management, or Business Administration
Completion of professional insurance qualification (e.g. CII)
Benefits
multiple medical plans plus dental, vision and prescription drug coverage
a competitive 401k with generous matching
PTO beginning at 20 days per year
up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
basic Life and AD&D Insurance as well as Short and Long-Term Disability