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Underwriter - Captive

Underwriter - Captive

StarrcompaniesPhiladelphia, PA, US
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Job Opportunity At Starr Insurance Companies

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.

Essential Job Functions

  • Assist in the creation and design of customized fronted captive and indemnity programs for clients unique global property & casualty insurance needs
  • Build strong and long-term relationships with clients, producers and outside vendors
  • Collaborate with internal stakeholders to ensure effectiveness and timeliness of program creation and launches
  • Contribute to coverage creation and contract development to meet the clients needs while ensuring compliance with company and regulatory requirements
  • Maintain, oversee and monitor renewal book and various team initiatives including profitability of the assigned portfolio
  • Responsible for servicing new and renewals including managing proposals, binders, invoicing and policy documents
  • Cross-sell with various global underwriting teams to create a blended and customizable insurance program which blends risk transfer and alternative risk financing solutions
  • Assist in developing product and / or rate revisions, underwriting guidelines, manuals, and procedures
  • Attend client and producer sponsored meetings when required
  • Attend various industry specific conferences to expand knowledge and help build relationships
  • Responsible for maintaining accurate underwriting and documentation of files

Applicant Requirements

  • 1-3 years underwriting / client service experience in a multiline environment including multinational
  • Solution oriented ability to understand clients core issues and create innovative and strategic solutions
  • Need to be an outside-the-box thinker, interested in pushing boundaries and developing creative solutions to solve a variety of partner and customer problems
  • Experience with various types of coverages and captive insurance company operations is preferred
  • Bachelors Degree Risk Management desirable
  • Strong interpersonal skills; must be able to interface and build working relationships with all levels within the company and with or external partners and clients
  • Ability to work in fast-paced team environment, handling multiple accounts, tasks and deadlines and prioritize working independently and also supporting a team environment
  • Excellent oral and written communication
  • Customer service focused
  • Desire to learn and question
  • Starr is an equal opportunity employer, which means well 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 were 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.

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    Underwriter • Philadelphia, PA, US

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