AVP Underwriter - D&O

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Examination & analyzing of submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk. Candidates in the Midwest/Central region are a plus however we are open to location.

Key Accountabilities/Deliverables:

• Execution of D&O business plans and objectives including:

  • Build Core Specialty’s reputation and presence in the product liability market

  • Provide prompt and accurate customer service on policy transactions

  • Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies

  • Provide documented evidence of underwriting activities and decisions in files as required

  • Support Company and Department goals and objectives

  • Build Core Specialty’s relationships with our broker partners

• In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.

• Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business.

Technical Knowledge and Understanding:

• Strong knowledge of Private D&O underwriting industry. Public company D&O is a plus.

• Knowledge of Private D&O underwriting practices, coverage & pricing/rating methodologies

• Strong knowledge of producer & competitor marketplace

• Strong knowledge of targeted industries

• Strong knowledge of insurance company operations

• Solid understanding of policy wordings and clauses

• Up-to-date knowledge of the insurance market environment

Experience:

• Bachelor’s degree or equivalent relevant experience

• Industry designation such as RPLU or similar is a plus

• Ability to travel monthly within the region to meet assigned brokers in the region

• 5 Plus years’ experience in D&O Underwriting

The expected pay range for the role is $125,000 - $175,000. The specific offer will depend on an applicant’s skills, experiences, and exam progress. The disclosed pay range estimate may also be adjusted for the applicable geographic differential for the location in which the position is filled.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

Originally posted on Himalayas