Underwriter, Property

Insurance Underwriting Specialist

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Key Responsibilities :

• Solicit and review new and renewal property submission from various production sources
• Analyze submitted documentation according to company underwriting standards and guidelines and request additional information.
• Subject to written underwriting authority prepare and present quotation terms and conditions as submitted.
• As regards quoted terms or conditions outside underwriting authority, prepare written referral document and submit for approval to appropriate authority.
• Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
• Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
• Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U / A including endorsements.
• Review and approve final bound policy terms prior to mailing to broker / client in accordance with underwriting standards and guidelines.
• Prepare and approve file documentation in accordance with file documentation procedures.
• Prepare various Home Office reports as requested or required.
• Other duties as may be assigned by manager

Skills / Experience Required :

For individuals assigned and / or hired to work in California, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets : experience and training : licensure and certifications : and other business and organizational needs. A reasonable estimate of the current range is $90,000-$130,000.

This position involves insurance underwriting. Bad actors involved in insurance underwriting have the opportunity to cause significant financial harm by binding the employer to improperly cover risks. Therefore, certain criminal convictions may have a direct, adverse, and negative relationship with this responsibility potentially resulting in the withdrawal of a conditional offer of employment.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.