Renewal Underwriter - Professional Liability

Overview

Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following market segments:
Construction, Specialty Casualty, & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.

• Serve as the lead underwriter for new business opportunities within an assigned market segment.
• Develop and execute broker engagement strategies to build long-term, productive relationships.
• Act as the primary point of contact for assigned brokers, providing responsive service and strategic guidance.
• Collaborate with internal underwriting and support teams to deliver timely and competitive quotes.
• Negotiate terms and pricing with brokers to secure profitable business.
• Maintain a pipeline of new business opportunities and meet or exceed production goals.
• Support renewal retention efforts for assigned broker’s accounts.
• Use technology (AI) to maintain efficiency
• maintain productivity standards/metrics, rate adequacy (deviation from benchmark)
• Monitor rate adequacy and contribute to portfolio management strategies.
• Provide input on underwriting guidelines and product enhancements based on new business trends.
• Maintain accurate records and documentation in underwriting systems.
• Monitor market trends and broker feedback to inform underwriting strategy and product development.
• Represent the company at industry events, broker meetings, and conferences.
• Regular travel to conduct in-person sales/ marketing visits with assigned brokers.

• Bachelor’s degree in Business, Insurance, Risk Management, or related field preferred.
• Minimum 3–5 years of experience in E&S underwriting or broker-facing insurance sales.
• Proven track record of new business production and relationship management.
• Strong negotiation and communication skills.
• Deep understanding of E&S market dynamics and broker distribution channels.
• Ability to work independently and collaboratively in a fast-paced environment.
• Proficiency in underwriting systems and Microsoft Office Suite.

We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $90,000 - $120,000. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. This role is eligible to participate in the annual discretionary bonus program. Benefits:
Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. Sponsorship Details Sponsorship not Offered for this Role