Sr. Underwriter Flood
Company | Howden |
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Location | Chicago, IL, USA, San Diego, CA, USA |
Salary | $125000 – $150000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
Requirements
- Bachelor’s degree required
- 3-5 years’ experience in property underwriting required, with knowledge of the peril of Flood.
- Strong negotiation and presentation skills
- Self-motivated individual
- Outstanding marketing skills
- Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
- Strong collaborative skills in a fast-paced team-centric environment.
- Business development skills evidencing a successful track record driving profitable growth.
- Strong interpersonal, presentation, written and verbal communication skills.
- The ability to demonstrate critical thinking, decision making, and problem-solving skills.
- The ability to travel a minimum of 25% of the time is anticipated.
Responsibilities
- Direct and supervise underwriting activities as the need arises to produce positive profit and expense results within area of responsibility.
- Develop positive relationships with brokers and effectively articulate DUAL’s appetite.
- Solicit, review, and coordinate new business opportunities with brokers
- Underwrite both new and renewal business
- Exhibit high levels of collaboration, leadership, customer service, and persistence
- Provide strong analytical ability and sound judgment to make informed and accurate decisions
- Analyze new submission submissions for acceptability. Review applications, loss runs, websites, models, etc.
- Communicate declination or need for additional information to broker/agent.
- Determine if accounts are a fit for our in-house authority or if referral is required.
- Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process
- Submit clear, detailed referrals to carrier partners (when required).
- Generate quote documents and send to broker/agent
- Generate binder/invoice documents and send to broker/agent
- Handle post-bind concerns and ongoing account questions and routine service
- Create complete files
- Review renewal accounts 90 days from effective to determine eligibility for renewal
- Solicit renewal information from agent/broker
- Determine if accounts are fit for our in-house authority or if referral is required.
- Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process
- Quote renewal using in-house authority or refer if necessary
- Produce Bind/invoice renewal documents
- Handle post-bind concerns and ongoing account questions and routine service.
Preferred Qualifications
- Continuing education, professional designations, or related P&C licensing in insurance underwriting are preferred.