Senior Underwriting Specialist

• Evaluate and underwrite new and renewal business according to Company underwriting guidelines and risk appetite
• Develop and implement risk assessment models for coverage, pricing, and terms decisions
• Collaborate with actuaries, agents, brokers, and clients to obtain information and provide guidance
• Procure and analyze supplementary reports and screenings, including motor vehicle reports, loss history reports, and external inspections
• Document underwriting decisions and ensure compliance with state and federal insurance regulations
• Evaluate complex policy renewals and modifications, identifying policy enhancement and risk mitigation opportunities
• Communicate underwriting strategies and decisions to internal teams, agents, and brokers
• Monitor industry trends, regulatory changes, and market conditions
• Maintain relationships with internal and external customers and coworkers to generate new business and retain profitable business
• Monitor underwriting practices and assist with strategic adjustments
• May oversee performance and coaching of staff and participate in talent selection, development, and performance management for direct reports
• Provide technical advice and support to lower-level positions
• Perform other duties as assigned

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience
• Generally, a minimum of 9 years of experience in Underwriting or a related field
• Completion of or continuing progress toward a professional designation preferred, such as AU, CPCU, CIC, INS, ARM, or a marketing designation
• Advanced knowledge of company policies and industry laws and regulations
• Excellent interpersonal and communication skills
• Advanced analytical, risk assessment, and problem-solving skills
• Strong negotiation and decision-making ability
• Familiarity with marketing strategies and tools is beneficial
• Performs work under limited supervision and technical direction
• Works with significant latitude and authority on complex assignments
• Position requires occasional travel

Demonstrates expertise in underwriting processes, risk assessment, and compliance with insurance regulations, while effectively communicating strategies and decisions to stakeholders. Possesses strong analytical and negotiation skills to enhance policy offerings and mitigate risks.

• Underwriting Experience
• Risk Assessment Models
• Regulatory Compliance
• Analytical Skills
• Communication Skills

• Underwriting Guidelines
• Risk Management
• Policy Evaluation
• Data Analysis
• Decision-Making
• Negotiation
• Market Analysis
• Insurance Regulations
• Policy Enhancement
• Loss History Reports

• Interpersonal Skills
• Problem-Solving
• Collaboration
• Coaching
• Customer Relationship Management

• Bachelor’s Degree
• AU
• CPCU
• CIC
• INS
• ARM

• Insurance
• Risk Appetite
• Market Conditions
• Supplementary Reports
• Policy Modifications
• Talent Development
• Strategic Adjustments
• Complex Assignments
• Limited Supervision
• Marketing Strategies