Sr. Underwriter, Flood

At DUAL North America, our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.

DUAL North America, Inc. is seeking a Sr. Underwriter, Flood
Role overview: The Sr. Underwriter is responsible for the day-to-day management of the renewal policies and new business for servicing retail and wholesale segments. Duties include reviewing and growing the group via submissions, rating, quoting, binding new and renewal business, servicing existing business. From the business side, the individual will be responsible for budgeting, potential carrier / reinsurer negotiations and maintaining the P&L.

Classification:
Exempt / Full-time

Reports to:

Vice President, Flood
Travel: 10-25%
Salary: $ -

Location:

United States, Hybrid, Remote

• Direct and supervise underwriting activities as the need arises to produce positive profit and expense results within area of responsibility.
• Develop positive relationships with brokers and effectively articulate DUAL's appetite.
• Solicit, review, and coordinate new business opportunities with brokers.
• Underwrite both new and renewal business.
• Exhibit high levels of collaboration, leadership, customer service, and persistence.
• Provide strong analytical ability and sound judgment to make informed and accurate decisions.

• Analyze new submission submissions for acceptability. Review applications, loss runs, websites, models, etc.
• Communicate declination or need for additional information to broker/agent.
• Determine if accounts are a fit for our in-house authority or if referral is required.
• Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process.
• Submit clear, detailed referrals to carrier partners (when required).
• Generate quote documents and send to broker/agent.
• Generate binder/invoice documents and send to broker/agent.
• Handle post-bind concerns and ongoing account questions and routine service.
• Create complete files.

• Review renewal accounts 90 days from effective to determine eligibility for renewal.
• Solicit renewal information from agent/broker.
• Determine if accounts are fit for our in-house authority or if referral is required.
• Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process.
• Quote renewal using in-house authority or refer if necessary.
• Produce Bind/invoice renewal documents.
• Handle post-bind concerns and ongoing account questions and routine service.

• Bachelor’s degree required.
• 3-5 years’ experience in property underwriting required, with knowledge of the peril of Flood.
• Strong negotiation and presentation skills.
• Self-motivated individual.
• Outstanding marketing skills.
• Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
• Strong collaborative skills in a fast-paced team-centric environment.
• Business development skills evidencing a successful track record driving profitable growth.
• Strong interpersonal, presentation, written and verbal communication skills.
• The ability to demonstrate critical thinking, decision making, and problem-solving skills.
• The ability to travel a minimum of 25% of the time is anticipated.
• Continuing education, professional designations, or related P&C licensing in insurance underwriting are preferred.
• If you do not meet all the qualifications for this role, we still encourage you to apply, as we are always looking for diverse talent to join our growing team.

Working across 21 countries, DUAL has built a reputation as a specialist underwriting group and the market of choice for insurance intermediaries around the world. That’s how we have become one of the world’s largest international underwriting agencies (or MGAs) with US $3.5bn of GWP.

DUAL North America is the leading underwriting organization in the US offering commercial property, casualty, financial lines, and personal property insurance products underwritten through several specialized subsidiaries. Since 2013, we have grown to over 650 employees…