Underwriting Specialist - Marine Cargo

Underwriting Specialist - Marine Cargo page is loaded## Underwriting Specialist - Marine Cargoremote type:
Hybrid locations:
NY-NYC (Lexington Ave) time type:
Full time posted on:
Posted 30+ Days Agojob requisition :
JR-000348

MSIG USA continues to grow!
** Company Overview:
** is the US-based subsidiary of , 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.

This Underwriting Specialist role is focused on the Marine Cargo business.  Responsible for producing, underwriting, and servicing profitable business through relationships with brokers.  The Underwriting Specialist within MSIG is a high level underwriting position who assumes a leadership role in the organization to positively influence staff and promote a positive image of MSIG in the marketplace by developing and maintaining  producer relationships and building a profitable book of business.
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* Essential Functions:

** Produces, 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. Profitability & Underwriting Quality:  (50%)
* 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, in line with department guidelines, and that systems reflect current and accurate data for assigned accounts per department guidelines.
* Monitor underwriting results, loss trends and market developments for assigned business and producers within assigned territory.
* Implement best practices in account management throughout the underwriting cycle, including coordination with other internal business units as appropriate.

Volume & Marketing:  (40%)
* 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 assigned territory.
* Coordinate activities with other internal business units as appropriate.
* Provide timely and best in class professional service to our customers.
* Promote a positive impression of MSIG to producers, insureds and within the marketplace in general.

Training & Development:
(10%)
* Enhance technical expertise through continuing education opportunities as appropriate and available.
* Assist in training, mentoring and development of other department staff.
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* Supervisory Responsibilities:

** There is no direct supervisory responsibility in this role.
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* Qualifications:

** To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
** Education and Experience

Required:

*** High School degree is required.  Bachelor’s degree or equivalent business experience preferable.  CPCU/ insurance designations encouraged.
* 5+ 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 in depth knowledge of production sources and market capabilities within the assigned territory and product lines.
* Strong portfolio…