Underwriting Specialist

MSIG USA Warren, NJ $180,000 - $200,000
Full Time Mid Level 5+ years

Posted 3 weeks ago

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About This Role

This Underwriting Specialist role focuses on producing, underwriting, and servicing profitable construction business by building strong relationships with brokers. The role requires leadership, expert technical knowledge, and the ability to maintain a profitable book of business while promoting a positive image of MSIG in the marketplace.

Responsibilities

  • Produce, underwrite, and service project and master builders risks within delegated underwriting authority
  • Underwrite related Inland Marine classes, including contractors equipment, riggers liability, installation projects, and transportation
  • Apply appropriate account selection, coverage, risk management, aggregate management, reinsurance and pricing techniques to achieve target profitability
  • Maintain underwriting files and systems in accordance with department guidelines
  • Monitor underwriting results, loss trends and market developments for assigned business and producers
  • Establish and maintain effective producer and client relationships within assigned territory
  • Coordinate activities with other internal business units as appropriate
  • Enhance technical expertise through continuing education opportunities
  • Assist in training, mentoring and development of other department staff

Requirements

  • 5+ years of relevant underwriting experience
  • Strong knowledge and technical expertise of relevant risks including exposures, forms, coverages, pricing methods, aggregate management, reinsurance and account management
  • Demonstrated market presence with ability to form lasting producer relationships
  • In-depth knowledge of production sources and market capabilities within the assigned territory and product lines
  • Strong portfolio management, organization, negotiation and time management skills
  • Demonstrated ability to work effectively within teams across multiple disciplines and support activities

Qualifications

  • High School degree is required. Bachelor’s degree or equivalent business experience preferable.
  • 5+ years of relevant underwriting experience with demonstrated productivity, profitability and business acumen.

Certifications

CPCU (Required)

About MSIG USA

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers, offering commercial insurance solutions.

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