Underwriter, Renewable Energy

AEGIS Insurance Services, Inc.
East Rutherford, NJ, US
$84K-$134K a year
Full-time

AEGIS Insurance Services, Inc. ( AEGIS ) has an immediate opening for an Underwriter, Renewable Energy to ensure the development and delivery of consistently superior, properly underwritten insurance products through analyzing pertinent information, understanding risk characteristics and Member-Policyholders’ needs, and building and maintaining relationships with brokers and risk managers thus enabling Member-Policyholders to achieve the lowest overall long term cost of risk.

Responsibilities include maintaining a portfolio of underwriting accounts, and achieving underwriting profitability objectives by evaluating, accepting, rejecting or modifying risk and coverage conditions within limits of delegated authority and in accordance with established Underwriting Guidelines, Letters of Authority and Quality Standards.

Job Requirements :

  • Minimum 2 years of property insurance experience
  • Undergraduate degree or equivalent work experience; degree in finance, risk management, engineering or law a plus
  • CPCU and / or other professional insurance or engineering related certifications / designations a plus
  • P&C and / or Surplus Lines broker licenses desired
  • Working knowledge of utility industry operations and exposures desired
  • Working knowledge of property technical rating / pricing
  • Working knowledge of insurance policy and endorsement wording a plus
  • Proficiency with Microsoft Office : specifically Word, Excel, and PowerPoint
  • Ability to analyze complex risks and articulate a clear and concise assessment with proposed terms and conditions
  • Strong verbal and written communication skills
  • Ability to travel as needed (approximately 5%)
  • Working knowledge of renewable energy technology and an ongoing commitment to stay up to date on emerging technologies and the risks they might present

Candidate Attributes :

  • Achievement-Oriented : Demonstrates persistence and perseverance in achieving concrete and tangible outcomes by taking action to get optimum results when encountering obstacles or resistance
  • Collaborative : Develops and maintains effective working relationships across functional and divisional lines by readily sharing information, knowledge, and resources
  • Detail-Oriented : Displays thoroughness and accuracy in quality communications and deliverables through the application of technical skills and industry / product knowledge
  • Service-Oriented : Conveys a genuine desire and ability to anticipate and meet customer needs and creates and nurtures mutually beneficial relationships within AEGIS and with AEGIS Member-Policyholders and brokers
  • Work Ethic : Takes ownership for one’s responsibilities by acting with integrity and holding oneself accountable to continuous improvement

Essential Job Functions :

  • Successfully accomplish the proper underwriting of assigned accounts by evaluating the acceptability of utility and related energy risks for AEGIS
  • Demonstrate the ability to effectively negotiate policy terms, conditions, and pricing with Policyholders and Brokers with management oversight
  • Facilitate the underwriting process and workflow necessary to service accounts along with the assigned Assistant Underwriter;

this includes handling new and renewal submissions, rating, quoting, binding, policy issuance and endorsements and premium collections

  • Work with AEGIS Loss Control professionals to identify potential risks
  • Meet established business plan / rate targets, including product rate increases, premium growth, combined ratio, cross marketing and new business objectives
  • Achieve and / or exceed established customer service standards and enhance relationship with Member-Policyholders and brokers through quality and excellence in service
  • Secure new business and maintain renewals of current Members
  • Maintain premium equity among AEGIS member-Policyholders and maintain renewal retention ratios for assigned accounts
  • Demonstrate the ability to comfortably present and participate in underwriting meetings with internal and / or external audiences
  • Acquire a sound understanding of and be conversant in applicable AEGIS product lines and relevant exposures and develop an in-depth knowledge and understanding of the utility and related energy industries;

recognize and leverage opportunities to market additional products to assigned accounts

  • Participate in the developments of new products
  • Participate in special projects as assigned

www.aegislink.com

AEGIS Insurance Services, Inc. participates in E-Verify

We expect to pay a starting salary between $84,000 and $134,000. An applicant’s placement within this range is based on their individual qualifications and professional experience.

In addition to base salary, AEGIS employees are eligible to participate in the Company’s annual incentive program, with competitive awards based on corporate and individual performance.

In addition, we offer a comprehensive and competitive suite of options for health, retirement, income protection, wellness, and additional benefits :

  • Health : medical and prescription coverage, behavioral health, dental, vision, health savings account (includes a Company contribution), and flexible spending accounts
  • Retirement : 401(k) plan that includes matching contributions and an additional Company contribution of 4% (subject to IRS limitations)
  • Income Protection : basic and supplemental life insurance, short-term and long-term disability coverages, accident and critical illness insurance
  • Wellness : on-site health and fitness center, on-demand fitness and well-being app, and employee assistance program with support on mental health, financial, and legal services
  • Additional benefits : commuter benefits that include a transit subsidy from the Company, pet insurance, paid time off (vacation, floating holidays, sick, and Company paid holidays), and a variety of leaves of absence (health, family, and military)
  • Educational assistance and professional development opportunities
  • Hybrid work schedule
  • 1 day ago
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