Associate Underwriter - Seneca Custom Property MA

Crum & Forster Insurance; Morristown, New York (NJ, NY); Hybrid; USD 59,000 - 87,000; Full time

Job summary

An established industry player is seeking an Associate Underwriter for their Massachusetts Branch. In this hybrid role, you will manage renewal processes, analyze risks, and maintain strong client relationships. This position offers an inclusive environment where your contributions will be valued. You will benefit from a competitive compensation package, flexible work arrangements, and opportunities for professional development. Join a dynamic team that prioritizes employee wellness and fosters a culture of inclusivity and diversity, making it a great place to build your career.

Benefits

Flexible work arrangements

Competitive compensation package

Generous 401K employer match

Employee Stock Purchase plan

Generous Paid Time Off

Wellness programs

Tuition reimbursement

Professional training opportunities

Volunteer opportunities

Matching donation program

Qualifications

• 2+ years of insurance experience required.
• Strong communication and negotiation skills are essential.

Responsibilities

• Manage renewal pre-qualification and handle renewal business aspects.
• Analyze risk changes and maintain underwriting discipline.
• Develop effective business relationships with clients.

Skills

Communication Skills

Negotiation Skills

Organizational Skills

Education

College Degree

ARM Designation

CPCU Designation

Job description

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

Custom Property Massachusetts Branch– Associate Underwriter (Open as hybrid role in our Morristown NJ or Boston MA office)

Responsibilities:

• Has responsibility for renewal pre-qualification to determine if non-renewal, conditional non-renewal or other notice needs to be issued.
• Solicit renewal information from brokers 90 days out from expiration.
• Handle all aspects of renewal business, including terms, pricing, retention, growth and profitability per Seneca guidelines.
• Analyze any changes in exposures to determine acceptability and increased hazards. Use independent judgement and initiative to support business goals.
• Maintain underwriting discipline by maintaining bottom line underwriting philosophy.
• Remain within designated authority and seek approval as needed.
• Document files appropriately with complete underwriting thought process.
• Verify loss history and consult claims division for feedback prior to evaluating renewal terms, if necessary.
• Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
• Develop and maintain effective business relationships with clients in order to retain profitable business.
• Place reinsurance according to corporate guidelines.

Requirements:

• 2+ years of Insurance Experience.
• Strong communication, negotiation and organizational skills required.
• College degree or equivalent experience is preferred. ARM and CPCU designations are a plus.

Position Location:

This position would ideally be located in:

Morristown, NJ

Boston, MA

What C&F will bring to you

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

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Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $59,000 to a maximum of $86,500. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

• Flexible work arrangements.
• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing.
• A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.