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Sr. Underwriter Flood

Sr. Underwriter Flood

CompanyHowden
LocationChicago, IL, USA, San Diego, CA, USA
Salary$125000 – $150000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

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.