Underwriter/Senior Underwriter, General Casualty
- Employer
- James River Insurance Company
- Location
- Richmond, Virginia
- Salary
- Base salary + annual discretionary bonus
- Posted
- Sep 28, 2020
- Closes
- Nov 27, 2020
- Category
- Underwriting
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
Job Summary
James River Insurance is seeking experienced candidates for its General Casualty underwriting division that focuses on premise driven hospitality and habitational risks, and will consider hiring at the Underwriter, Senior Underwriter, Underwriting Specialist and Executive Underwriter levels. The successful candidate will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculating appropriate premium, determining proper terms for acceptable risks, and responding to brokers when risks do not meet underwriting guidelines. The candidate will also be responsible for developing and maintaining profitable business relationships with brokers.
Duties and Responsibilities
- Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service Analyze new business opportunities and develop renewal strategies Attain quote, premium and division goals as assigned Develop and maintain strong relationships with brokers Use critical thinking and problem solving skills to negotiate with brokers on placements Assist the Underwriting Manager/Division Manager with training, mentoring and on-boarding of new employees. Travel to meet with brokers within assigned territory at least three times per year Other duties as assigned
Knowledge, Skills and Abilities
- Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts Ability to effectively assess risk Excellent verbal and written communication skills Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices Solid knowledge of underwriting philosophy and techniques Proven problem solving and decision making skills Strong negotiation skills Ability to multi-task High level of initiative and motivation Strong work ethic with a drive to succeed Solid customer service and relationship building skills Proficiency in MS Office (Word, Excel, Outlook) and Internet researching
Experience and Education
Underwriter
- Bachelors Degree or equivalent work experience
- Minimum of 2 years of related underwriting experience, preferably in Excess and Surplus lines with a focus on premise driven hospitality and habitational risks.
- Preferably pursuing courses toward professional designations or continuing education.
Senior Underwriter
- Bachelors Degree or equivalent work experience
- Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines with a focus on premise driven hospitality and habitational risks.
- Professional designation is preferred
Underwriting Specialist
- 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized General Casualty coverage and product knowledge Bachelor’s Degree or equivalent work experience Specific experience in marketing and underwriting of the division related products Professional designation is preferred
Executive Underwriter
- 20+ years industry experience, 15+ years in Excess and Surplus lines with specialized General Casualty coverage and product knowledge Bachelor’s Degree or equivalent work experience Specific experience in marketing and underwriting of the division related products Professional designation is preferred