Job title: Sr. Underwriter, Professional Liability
Location: On-site in Glen Allen, VA 23060
Overview: The Sr. Underwriter is responsible for underwriting risks (new and renewal) in a book of business to achieve company premium and profit goals. Individual contributor responsible for the overall management, business development, analysis and monitoring of a book of business. Maintains and develops broker relationships.
Responsibilities:
- Underwriting and binding of new and renewal business, and overall management of assigned brokers, territory, and policies.
- Review small to mid-size complex risks to verify acceptability based on company underwriting appetite and your underwriting authority.
- Determine whether to accept, provide an option(s), or decline risks. Oversee, review, and approve endorsements.
- Direct loss control services on specific issues for better risk assessment
- Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
- Review and resolve premium audit inquiries and disputes.
- Communicate with brokers to develop opportunities, obtaining additional information when needed and to promote underwriting appetite for risk.
- Create, analyze, and interpret information from various reports.
- Develop positive working relationships with brokers, through daily interactions and travel to brokerage offices.
- Contribute to training and mentoring of new or less experienced team members.
- Handle other duties as assigned in support of departmental and company goals.
Preferred Qualifications:
- 4+ years of E&S underwriting experience with a strong foundation in Professional Liability.
- Understanding and ability to effectively engage in the negotiation process.
- Strong collaboration skills and a focus on solutions.
- Excellent analytical and organizational skills.
- Bachelor’s degree or equivalent combination of education and relative experience.
- Proficiency with standard business software and tools, including Microsoft Office Suite (Word, Excel, Outlook, etc.)
Benefits Overview:
- Medical, Dental, and Vision insurance plans. FSA/HSA plans.
- Basic Life/AD&D/Short Term/Long Term Disability coverage.
- Matching 401k: 100% match on first 3%, 50% match on next 3%.
- Flexible PTO plan, 11 paid company-wide holidays, plus your birthday off.
- Recognized as a Top Workplace by Richmond Times-Dispatch
