Senior Underwriting Specialist

This is a fully remote position, open to applicants in North Carolina, +5 more states.

📋 Description

• Directs the assessment and underwriting of both new and renewal business, ensuring conformity with the Company's underwriting standards and risk tolerance.

• Creates and implements sophisticated risk assessment models to inform decisions related to coverage, pricing, and terms.

• Cultivates strategic partnerships with actuaries, agents, brokers, and clients.

• Acquires and evaluates motor vehicle reports, loss history reports, external inspections, and additional screenings.

• Records underwriting decisions and ensures adherence to state and federal insurance regulations.

• Assesses intricate policy renewals and adjustments, pinpointing policy enhancements and opportunities for risk reduction.

• Communicates underwriting strategies and decisions to internal teams, agents, and brokers.

• Observes and shares insights on industry trends, regulatory shifts, and market conditions.

• Maintains business relationships with both internal and external stakeholders to foster new business and retain profitable accounts.

• Reviews and assesses underwriting practices and aids in strategic modifications.

• May oversee staff performance and coaching, as well as participate in talent selection, development, and performance management activities.

• Executes other responsibilities as assigned.

⛳️ Requirements

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field, or equivalent experience.

• Typically, a minimum of 13 years of experience in Underwriting or a related discipline.

• Completion of or ongoing progress toward a professional designation is preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), or a marketing designation.

• Works independently with minimal supervision.

• Operates at the highest authority limits on the most complex tasks.

• Maintains expert knowledge of company policies as well as industry laws and regulations.

• Exhibits exceptional analytical, risk assessment, and problem-solving capabilities.

• Possesses excellent interpersonal and communication skills.

• Demonstrates advanced negotiation and decision-making capabilities.

• Familiarity with marketing strategies and tools is advantageous.

• Recognized as the company’s authority in the field.

• May act as the highest point of escalation for decisions concerning risk and coverage.

• Position requires occasional travel.

🏝️ Benefits

• Medical coverage.

• Dental coverage.

• Vision coverage.

• Wellness plans.

• Parental leave.

• Adoption assistance.

• Tuition reimbursement.

• Paid Time Off.

• Paid holidays.

• 401(k) plan with company match.

• Employee stock purchase plan.

• Commuter benefits.