Senior Underwriting Specialist

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

📋 Description

• Oversees the assessment and underwriting of both new and renewal business in accordance with the Company's underwriting standards and risk appetite.

• Develops and applies sophisticated risk evaluation models to inform coverage, pricing, and terms decisions.

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

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

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

• Assesses intricate policy renewals and modifications, pinpointing opportunities for policy enhancement and risk reduction.

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

• Tracks and disseminates insights on industry trends, regulatory developments, and market conditions.

• Sustains business relationships with internal and external stakeholders to foster new business and maintain profitable operations.

• Evaluates underwriting practices and aids in strategic adjustments.

• May oversee staff performance and coaching, and partake in talent selection, development, and performance management decisions.

• Executes other responsibilities as assigned.

⛳️ Requirements

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

• Typically requires a minimum of 13 years of experience in Underwriting or a related sector.

• Completion of or ongoing progress towards 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), or Associate of Risk Management (ARM), or a marketing designation.

• Operates with minimal supervision.

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

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

• Exhibits expert analytical, risk assessment, and problem-solving abilities.

• Possesses exceptional 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 final escalation point for decisions concerning risk and coverage.

• Position necessitates 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.