Senior Underwriter - Retail Excess-Umbrella Construction

Crum & Forster
MORRISTOWN, NJ, US
$140.7K a year
Full-time

Overview

Crum & Forster (C&F) , with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies.

C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform.

Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people : more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website :

Job Description

Sr. Underwriter - Retail Umbrella - Construction

The individual will be responsible for the overall management, business development, growth and profitability, analysis, new business production, and retention of a highly complex Excess Casualty book of primarily Construction related risks.

In this role the individual will take over an established book of business and work to grow the assigned territory and appropriately underwrite high value and complex risks in accordance with the business plan and within delegated underwriting authority.

Under general management direction, works within broad limits of authority on assignments requiring a high degree of technical complexity and coordination.

May have regional, industry segment or company-wide scope.

What you will do for C&F :

  • Perform a combination of duties in accordance with departmental guidelines.
  • Underwrite, analyze, authorize risk acceptability, determine profitable rate / price, and prepare quotations / binders on all aspects of new and renewal business.
  • Provide customer service to existing accounts.
  • Market, sell and promote company products and programs to assigned producers.
  • Review and evaluate profit, volume, and service results for assigned producers.
  • Assist in developing annual business plan, analyze and evaluate results for assigned producers.
  • Attain premium, loss ratio, QAP and service goals as assigned.
  • Keep abreast of industry market trends, competition philosophy, products and distributions systems.
  • Participates in training and initiatives to develop knowledge base.
  • Mentors and guides less experienced underwriters and assists in the development of underwriting training.
  • Responsible for special underwriting projects and presentations

What YOU will bring to C&F :

  • College degree or equivalent preferred and CPCU designation a plus.
  • Five+ years of experience in underwriting Commercial Umbrella / Excess business, with a strong knowledge and expertise in Construction.

The position title will be based on the candidate’s level of prior experience.

  • Excellent problem solving / decision making skills with the ability to influence others.
  • Strong verbal and written communication skills.
  • Excellent organizational and time management skills, with the ability to handle multiple tasks and prioritize as appropriate.
  • Solid customer service and relationship building skills.
  • A proven team player with a drive to succeed.
  • Ability to develop new business relationships.
  • Abide by departmental guidelines, policies and procedures, including authority levels, to comply with C&F's risk management controls.
  • Demonstrated desire and commitment to continually learn, accept new challenges, and strive for personal improvement / growth utilizing internal and external continuing education avenues.
  • Ability to learn and use proprietary software and various computer systems and stay current with changes.
  • Travel as necessary to producer marketing visits and corporate meetings / seminars.
  • Will abide by departmental policies and procedures, including authority levels, to comply with C&F's risk management controls.

What C&F will bring to you

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status.

If you require special accommodation, please let us know.

For California Residents Only : Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.

Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions.

The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $61,540 to a maximum of $140,710.

The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role.

To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and / or performance-based variable pay programs.

Flexible work arrangements.Competitive compensation package. Generous 401K employer match.Employee Stock Purchase plan with employer matching.

Generous Paid Time Off.Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeingA core C&F principle is that you manage your career.

To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.

A dynamic, ambitious, fun and exciting work environment.A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.

LI-JA1

LI-Remote

30+ days ago
Related jobs
Crum & Forster
Morristown, New Jersey

Underwriter - Retail Umbrella - Construction. Five+ years of experience in underwriting Commercial Umbrella/Excess business, with a strong knowledge and expertise in Construction. The individual will be responsible for the overall management, business development, growth and profitability, analysis,...

Promoted
Ladders
Morristown, New Jersey

The Senior Underwriter will be responsible for developing and managing a book of profitable Commercial E&S Excess businesses. Underwriter in the Wholesale Excess space. Advanced working knowledge of the E&S commercial excess products and concepts, UW, processes and procedures, laws and regul...

Promoted
Travelers Insurance
Morristown, New Jersey

Northfield Excess & Surplus (E&S) Brokerage offers a wide array of insurance products to wholesale brokers. ...

Zurich Insurance Company
Parsippany-Troy Hills, New Jersey

Senior Excess Casualty Underwriter Basic Qualifications: . Technical knowledge of Excess Casualty Underwriting specific to Construction and Habitational. Market facing and production within the growing Zurich E&S Excess Casualty division . ...

Promoted
Accenture Federal Services
Wharton, New Jersey
Remote

The SAP Business Analyst/Specialist is responsible for business process and system analysis, design/translating business requirements to technical requirements, testing, troubleshooting, and implementation of components in an enterprise SAP environment. BASIS, Middleware, Portal) and business analys...

Promoted
Motion Recruitment
Summit, New Jersey

Business Analyst in Summit, NJ. ...

Promoted
Fulton Financial
Warren, New Jersey

Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience. Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their...

Promoted
Kearny Bank
Fairfield, New Jersey

Processes 1st and 2nd mortgage loans in accordance with established policies and procedures and appropriate guidelines; provides strong oral and written communication and support to originators and customers. Reviews loans in process daily with the ability to prioritize files according to the mortga...

Promoted
Affinity Federal Credit Union
Bernards, New Jersey

The Senior Commercial Credit Analyst provides an independent standardized evaluation of credit risk for prospective and existing commercial loan and commercial real estate borrowers through the spreading and analysis of financial statements, tax returns or other information to facilitate sound credi...

Promoted
Accenture
Florham Park, New Jersey

As a Business Analyst, you will be responsible for analyzing business processes and capabilities for the impacts from the new requirements. In addition to delivering innovative solutions for Accenture's clients, you will work with a highly skilled, diverse network of people across Accenture business...