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Associate Underwriter - RT

Company:
Absolute Opportunities
Location:
Metairie, Louisiana, 70001, United States
Posted:
February 14, 2018
Description:

Associate Underwriter - RT

Metairie, Louisiana 70001

Markets, identifies, solicits, and arranges appropriate insurance coverage for clients by accessing markets (Contract and Brokerage). Responsibilities includes but not limited to underwriting new and renewal business, approving policy changes, developing staff, maintaining workload, and managing written business up to and including the time of binding according to company guidelines and established SCU/CRC procedures. Serves as an intermediary between the agent and the insurance company while effectively providing leadership to a team of underwriters and brokers.

Essential Duties and Responsibilities

Meet or exceed production targets as assigned by SCU management.

Ensure adherence to carrier underwriting guidelines and SCU/CRC policies and procedures

Mentor and develop staff.

Develop, maintain and cultivate agent and company relationships.

Supervise a multi-person team ensuring all pertinent information is communicated.

Solicit, market, quote, bind and confirm new and existing business.

Negotiate the best terms and coverages available with accessible markets while properly communicating with all producers regarding submissions and decisions for new or renewal business in a timely manner.

Approve and disapprove endorsement requests according to internal and company guidelines.

Monitor production, hit ratios, renewal retention ratios spread of risks and other production and quality measures to minimize risk and predict future success.

Monitor accounts to ensure compliance with the firm’s policies and procedures.

Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits performed by markets and our Internal Review Department.

Maintain necessary licenses to produce business.

Required Knowledge, Skills, and Abilities:

Required Skills and Competencies

1. College degree or appropriate insurance designation required.

2. At least 5 years of experience in underwriting or brokering E&S insurance products

4. A demonstrated track record of developing new associates and/or E&S programs that have made a significant impact on the performance of a wholesale insurance provider

5. Must be licensed in corresponding areas of insurance.

Desired Skills

6. Must have demonstrated the ability to successfully develop new underwriters and brokers and/or create new products that have made a significant impact on an organization

7. Must be able to understand and analyze necessary components of insurance policies. Ability to understand the client’s needs and have knowledge of the risk profiles associated. Recognize new trends and developments to the insurance industry and be able to incorporate into strategies.

8. Must have knowledge and experience in commercial multi-line underwriting and rating.

9. Ability to develop, foster, and maintain an excellent working relationship with agencies and carriers.

10. Leadership and team skills a must.

11. Maintain current knowledge of the insurance industry.

12. Maintain travel schedule depending on the needs of clients, agents and new business.

13. Ability to work extended hours when necessary.

14. What is your current salary?

15. What is your expected Salary?

16. Must be a US Citizen or Green Card holder?