Sr. Casualty Underwriter

W.R. BerkleyScottsdale, AZ, US

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Senior Casualty Underwriter

The Senior Casualty Underwriter independently manages a diverse portfolio of complex and high-risk casualty accounts. With minimal direction, this role utilizes your expertise to make informed decisions within your assigned authority. This role demands a deep understanding of the excess and surplus lines market, the ability to build strong broker relationships, and a strategic approach to risk selection and pricing. Your contributions will be key to driving the company's growth and ensuring profitability.

Responsibilities include :

Risk Evaluation : Independently underwrite larger and more complex casualty risks, including general liability, product liability, and other specialty lines.
Broker Relationships : Develop, manage, and strengthen relationships with wholesale brokers, ensuring a steady flow of business and staying ahead of market trends. Plan, orchestrate, and lead highly effective broker meetings to strengthen relationships, address performance issues, and explore new business opportunities.
Broker Performance Management : Proactively identify and address broker performance issues, ensuring alignment with company standards and fostering strong broker relationships.
Market Expertise : Stay informed on industry developments, regulatory changes, and emerging trends, leveraging this knowledge to enhance underwriting decisions and drive business growth.
Underwriting Authority : Make autonomous decisions on risk acceptance, coverage terms, and pricing within your assigned level of authority.
Production Metrics : Consistently meet or exceed designated line of business (LOB) production metrics, contributing to the overall success of the underwriting team.
Technical Knowledge : Apply strong technical knowledge in underwriting, coverage, and pricing to manage complex risks and optimize profitability.
Risk Selection & Pricing : Demonstrate a comprehensive understanding of pricing and risk selection criteria, ensuring underwriting decisions are both profitable and competitive.
Travel : Conduct a minimum of 7 trips per year to visit brokers, build relationships, and represent Verus at industry events.
Referral Management : Provide guidance and support to junior underwriters, handling referrals and ensuring consistent underwriting quality across the team.
Strategic Contributions : Collaborate with senior leadership to identify and develop new product lines and market opportunities.
Customer Focus : Deliver exceptional service to brokers and insureds, ensuring timely and clear communication throughout the underwriting process.
Compliance : Ensure all underwriting activities comply with company guidelines, regulatory requirements, and industry best practices.
Additional Responsibilities : Perform other duties as assigned, contributing to the overall success of the team and the company.

Qualifications include :

Experience : Minimum of 5 years of relevant industry experience, with a strong focus on excess and surplus lines and complex risk underwriting.

Industry Knowledge : Deep understanding of the surplus lines marketplace, including peers, competitors, and market cycles.

Education : Bachelor's degree in insurance, business, finance, or a related field. Professional designations such as CPCU, RPLU, or ARM are highly desirable.

Analytical Skills : Strong analytical and decision-making skills, with the ability to assess risk and profitability in complex scenarios.

Communication : Excellent verbal and written communication skills, with the ability to articulate underwriting decisions and rationale to brokers and internal stakeholders.

Relationship Management : Proven ability to build and maintain strong relationships with brokers, insureds, and colleagues.

Adaptability : Ability to thrive in a fast-paced, dynamic environment with a high degree of autonomy.

Technical Skills : Proficiency in Microsoft Office Suite and underwriting software.

Travel : Willingness to travel as needed, including a minimum of 7 broker visits per year.

Additional company details :

We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship not offered for this role.

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Casualty Underwriter • Scottsdale, AZ, US