Property Underwriting Executive - GenStar

Company:  General Re
Location: Atlanta
Closing Date: 22/10/2024
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 .
The GenStar PropertyBrokerage Division underwrites coverage for a wide variety of commercialproperty risks including Habitational, Mercantile, Office Buildings,Hotels/Motels, Nursing Homes, Light Manufacturing, and other distressed,unique, and catastrophe-exposed risks. Coverage is provided on an excess and surplus lines basis.
GenStar currently offers an excellent opportunity for Property Underwriting Executive - GenStar based in our Atlanta office. This is a hybrid role with 3 days a week in the office.
Role Description
The Underwriter performs a wide array of underwriting and marketing functions, demonstrating knowledge and competence in both client relationshipmanagement and technical underwriting skills. Underwriting functions includeanalyzing and evaluating complex risks and exposures, and applying a workingknowledge of rates, forms, pricingstructures, terms and conditions in property insurance. The Underwritercollaborates with team members within the branch and across the Division daily,leveraging the company's resources to provide a best-in-class response to our valued clients. Marketing functions include remote and in-personbroker meetings and require occasional travel for meetings and conferences.
Responsibilities:
Underwriting Analysis: The Underwriterresearches and analyzes complex risks and exposures, using critical thinking skills in applying the tools andresources 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 dailyroutine, and manages a flow of submissions where speed of response is valued by clients. TheUnderwriter is adept in the application of rates, forms, pricing, structures, and termsand conditions, and recognizes the direct impact each decision has ondeveloping a profitable book business.
RelationshipBuilding: The Underwriter manages and develops existingclient relationships and identifies new prospects. Seeking to bring a creative array of alternatives, options, andsolutions to clients, he/she is comfortable connecting with and influencing clientsat the management level. In conjunctionwith the other underwriters and with his/her manager's support, the Underwriterdevelops strategies to broadentheir opportunities by crafting sound client management plans.
Learning& Development: The Underwriter takes an active role inincreasing his/her knowledge of industry policies,principles, and newly emerging exposures by attending and activelyparticipating in company underwritingand technical seminars as wellas outside industry-related courses (CPCU,ASLI). Self-motivated and intellectually curious Underwriters thrive inour learning-based culture.
RelatedActivities: The Underwriter seeks opportunities to leador contribute to underwriting and marketing initiativesfor the branch or Property Division, including developing new products,training new underwriters, and working on special client entertainment or educational events.
Role Qualifications and Experience
  • Minimum of 5 years commercial insurance industry experience (7+ years preferred)
  • 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
117,000.00 - 195,000.00 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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