Underwriter II - Property Facultative
New York, New York I USA
For assigned line(s) of business, the Underwriter will, under direction of assigned manager and in accordance with established procedures: underwrite and maintain/service profitable new and renewal business exercising independent judgment based on comprehensive knowledge of policy form terms and conditions and coverage intent; increase our market share, our visibility, and solidify our position as a leader in the marketplace by participating in marketing activities; be dedicated to maximizing the efficiency of the group, maintaining morale, and providing quality service to internal and external customers.
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What will your essential responsibilities include?
- Responsible for underwriting and production of individual risk accounts (approx $2.5m)
- Maintain client/broker contacts and relationships as appropriate
- Contribute to individual risk audit process as appropriate
- Manage individual risk T&E expenditures as appropriate in coordination with Territory Manager
- Contribute to and develop annual personal P&D plan in coordination with Property Fac leadership team
- Contribute to individual risk division training and new hire onboarding as appropriate
- Underwrite terms and conditions and establish pricing for new and renewal property facultative business by gathering, reviewing, and analyzing account information.
- Achieve consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory and rating guidelines.
- Effectively communicate with underwriting, actuarial, legal, underwriting service department and claims staff to ensure profitability of accounts.
- Maintain and service a book of business by analyzing endorsement requests, participating in large loss and customer account team meetings, audits and provide top quality customer service to brokers and cedants.
- Participate in the strategic planning and implementation of business development activities including but not limited to identification of key brokers and markets; participation in marketing to external brokers and cedants, which includes activities and events; completion and implementation of action plans from marketing activities; and accompany other underwriters on broker/client visits as needed.
- Work effectively in a team setting; contribute to the creation and sustaining of a high-performance team by embracing and understanding team and unit goals
- Contribute to and implement actions to improve performance and efficiency.
You will report to Property Facultative Individual Risk Territory Manager.