Senior Underwriter, Alternative Risk Solutions

Job Description

This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose:
One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model:
Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Responsibilities:

• Handle day to day transactional underwriting duties for assigned group captive(s)
• Handle new prospective member submissions from receipt through quotation
• Handle assigned group captive(s) renewal tasks
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Manage broker and captive consultant interactions.
• Serve as a technical resource to less tenured team members.
• Negotiate Terms & Conditions and close deals.
• Measure exposure/analyze risk and pricing on new business.
• Travel to group captive board meetings, broker meetings, and industry events.

Requirements:

• Bachelor's degree or equivalent experience.
• Minimum of 2 years of underwriting experience in Group Captives or Casualty.
• Deep knowledge of insurance, the applicable regulations and the insurance industry.
• Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
• Strong critical thinking skills.
• Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team.
• Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
• Possess strong technical, analytical, and quantitative skills.
• Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers.
• Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
• Proficient in Microsoft Office products.
• Ability to travel 10-15%.

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.

The annualized base pay range for this role is: $110,000 - $130,000

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits:
Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.

Leave Benefits:
Paid holidays, annual Paid Time Off (includes paid state/local paid leave where required), Sick/Safe Time, Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver).

Retirement Benefits:
Contributory Savings Plan (401k).