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Associate Underwriter - Underwriter (Sports & Entertainment)
Associate Underwriter - Underwriter (Sports & Entertainment)James River Management Company • Richmond, VA, United States
Associate Underwriter - Underwriter (Sports & Entertainment)

Associate Underwriter - Underwriter (Sports & Entertainment)

James River Management Company • Richmond, VA, United States
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Come grow with James River Insurance!

James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.

At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles : Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments : Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.

Job Summary

The Sports & Entertainment Underwriter will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards calculate appropriate premium and determine proper terms for acceptable risks and respond to brokers when risks do not meet underwriting guidelines. Underwriters are also 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
  • 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

    Associate Underwriter

  • Bachelors Degree or a minimum of 3 years of relevant work experience
  • Industry associated classes or courses preferred
  • Underwriter

  • Bachelors Degree or equivalent work experience
  • Minimum of 2 years of related underwriting experience preferably in Excess and Surplus lines
  • Preferably pursuing courses toward professional designations or continuing education.
  • Please note that this position is not eligible for H-1B Visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.

    #LI-JB1

    #LI-Remote

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