E&S Underwriter Job at Selective Insurance Company of America – 3.2 in Scottsdale, AZ
Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong financial performance for over 95 years. Focused on exceptional employee and customer experience, we are frequently recognized for awards and honors, including being named to Forbes’ 2021 Best Workplaces in Financial Services and Insurance list.
We genuinely care about each other, our customers, and the communities in which we operate. Our leaders actively champion career development and invite us to voice unique ideas and diverse perspectives. If that sounds appealing, we think you would feel inspired on our team to achieve and be rewarded for extraordinary results.
The E&S Underwriter will support business growth and profitability goals within authority guidelines in a fast-paced environment with a focus on exceptional service to agency partners. This individual will also effectively manage incoming submissions from assigned agents through application of underwriting rules and guidelines, rating manual rules, and insurance laws and regulations as, well as manage agency book of business as well as profit/growth results and trends. The E&S Underwriter will provide expedient underwriting responses, service and guidance to General Agents and mentor lower level associates and enhance underwriting knowledge.
Manage, underwrite and drive new business growth in accordance with company goals. Gather, analyze and evaluate risk exposure for submissions that fall outside agent authority. Document through appropriate risk documentation and work within stated authority to provide quotes that support our growth and profitability goals.
Demonstrate knowledge and understanding of coverage forms, rating plans and guidelines in the selection and pricing of individual risks. Evaluate risk hazards and ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company underwriting standards and pricing philosophy. Determine appropriate solutions for agents and take necessary measures to obtain information needed to resolve inquires/transactions efficiently.
Work in unison with managing General Agents and other departments to grow and maintain a profitable book of business. Work with renewal staff supporting company goals of premium and retention.
Provide guidance to General Agents and other departments regarding various underwriting information. Effectively communicate underwriting decisions and appetite to agents within assigned territory. Reinforce the ease of doing business with MUSIC by meeting or exceeding agent expectations and service quality on a consistent basis
Develop, build, and maintain collaborative working relationships with internal and external customers. Work collaboratively with the regional teams to provide a seamless experience for our agency partners. Participate in the development of team goals and work diligently to achieve them.
Conduct continuous profit and growth analysis by territory and agency as assigned making recommendations when necessary to improve outcomes. Monitor premium retention with the use of electronic reporting tools and make recommendations to improve assigned agents performance while working with management to implement. Provide internal reports for management as required.
Effectively manage multiple workflows to ensure submissions are resolved within SLA (Service level agreement) and that open quotes are handled efficiently to bind new business accounts.
Provide coverage and systems training to both internal and external customers.
Enhance knowledge of industry information, products, and competitors. Provide technical advice and mentorship to lower level associates and other functional areas.
Conduct agency visits as required. Must have a valid license and be able to drive an automobile to support company travel within territory. Car travel represents approximately 15% of employee’s time.
Requirements and Qualifications:
Proficient in usage of all supplied desktop tools, including the automated underwriting and email systems.
Ability to effectively communicate with internal and external customers/peers.
Ability to adapt to change as the company moves forward in its strategic vision.
Must have valid state-issued driver’s license in good standing and be able to drive an automobile
College degree preferred
1-3 years of underwriting experience preferred.
Insurance designations preferred: Associate in Surplus Lines (ASLI), Supplemental Liability Insurance (SLI), and Associate In General Insurance (AINS)
Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.
Selective maintains a drug-free workplace.
About the Company
Company: Selective Insurance Company of America – 3.2
Company Location: Scottsdale, AZ