Builders Risk Underwriter

Join to apply for the Construction Underwriter role at MSIG USA

Company Overview
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Role focus This underwriter role is focused on the construction business. Responsible for underwriting, and servicing profitable builders risk business through relationships with construction brokers.

• Underwrites, and services both project and master builders risks within delegated underwriting authority. Will also underwrite related Inland Marine classes, including contractors equipment, riggers liability, installation projects, and transportation.
• Apply appropriate account selection, coverage, risk management, aggregate management, reinsurance and pricing techniques according to department guidelines to achieve target profitability for all new, renewal and endorsement activity within the assigned book of business.
• Maintain underwriting files and systems in accordance with department guidelines. Ensure aggregate management and risk management activities are appropriate to the risk and that data in systems reflect current and accurate information for assigned accounts.
• Monitor underwriting results, loss trends and market developments for assigned business and producers within the assigned territory. Implement best practices in account management throughout the underwriting cycle, including coordination with other internal business units as appropriate.
• Maintain existing accounts and develop new sources of business in line with department risk appetite and guidelines to achieve targeted volume. Establish and maintain effective producer and client relationships within the territory. Coordinate activities with other internal business units as appropriate. Provide timely and best-in-class professional service to customers. Promote a positive impression of MSIG to producers, insureds and within the marketplace in general.
• Enhance technical expertise through continuing education opportunities and assist in training, mentoring, and development of other department staff.

• High School degree is required. Bachelor’s degree or equivalent business experience preferable. CPCU/insurance designations encouraged.
• 3+ years of relevant underwriting experience with demonstrated productivity, profitability and business acumen.
• Strong knowledge and technical expertise of relevant risks including exposures, forms, coverages, pricing methods, aggregate management, reinsurance and account management.
• Demonstrated market presence with the ability to form lasting producer relationships and knowledge of production sources and market capabilities within the assigned territory and product lines.
• Strong portfolio management, organization, negotiation and time management skills with an understanding of the company’s business objectives. Ability to work effectively within teams across multiple disciplines and support activities.

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law.

MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.

• Seniority level:
  Entry level
• Employment type:
  
  Full-time
• Job function:
  Finance and Sales
• Industries:
  Insurance

For job seekers, MSIG USA is an equal opportunity employer and is committed to diversity and inclusion.