Senior Casualty Underwriter - GenStar

Company:  General Re
Location: New York
Closing Date: 08/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Shape Your Future With Us
GenStar Insurance Services, LLC is a premier provider of excess, surplus, and specialty property and casualty insurance written on General Star Indemnity Company (non-admitted) and General Star National Insurance Company (admitted) paper (collectively, the GenStar companies). The GenStar companies conduct business through a select group of wholesale brokers, managing general underwriters (MGUs), and program administrators in the United States. The GenStar companies are members of the Berkshire Hathaway Family of Companies .
GenStar currently offers an excellent opportunity for Senior Casualty Underwriter - GenStar based in our New York City office. This is a hybrid role.
Role Description
The Senior Underwriter performs a wide array of underwriting and marketing functions, demonstrating knowledge and competence in both client relationship management and technical underwriting skills. Underwriting functions include analyzing and evaluating complex risks and exposures, and applying a working knowledge of rates, forms, pricing structures, terms and conditions in primary and excess casualty lines. The Underwriter acts in collaboration with a team of professionals within the branch and corporately, leveraging the company's resources to provide a best-in-class response to our valued clients.
Responsibilities:
Underwriting Analysis: The Underwriter researches and analyzes complex risks and exposures, using critical thinking skills in applying the tools and resources available to structure competitive and sound proposals. Each underwriter contributes to our team, where discussion of account opportunities and sharing of knowledge is part of our daily routine and manages a flow of individual risk submissions where speed of response is valued by clients. The Underwriter is adept in the application of rates, forms, pricing structures, terms and conditions, and recognizes the direct impact each decision has on developing a profitable book business.
Relationship Building: The Underwriter also concentrates on advancing existing client relationships as well as identifying new prospects throughout our territory. Seeking to bring a creative array of alternatives, options, and solutions to clients, the individual is comfortable connecting with and influencing clients at the management level. In conjunction with the other underwriters and with the Unit Manager's support, the Underwriter develops strategies to broaden their opportunities through crafting sound client management plans.
Learning/Development: The Underwriter takes an active role in increasing their knowledge of industry policies, principles, and newly emerging exposures by attending and actively participating in all Company underwriting/technical seminars as well as outside industry-related courses (CPCU, ASLI).
Related Activities: The Underwriter seeks opportunities to lead or support underwriting and marketing activities / projects for the New York City Branch and/or Casualty Division, including developing new products, training new underwriters, and working on special client entertainment or educational events.
Role Qualifications and Experience
  • Minimum of five years commercial liability underwriting experience within the surplus lines marketplace, eight or more years preferred
  • Undergraduate college degree
  • Strong analytical and critical thinking skills
  • Strong verbal and written communication skills
  • Strong client relationship management skills
  • Demonstrated commitment to learning
  • Well-developed industry knowledge
  • Enthusiastic team player / self-starter

Salary Range
106,000.00 - 178,000.00 USD
The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Our Address
120 Long Ridge Road
Stamford, CT 06902 (US)
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
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