E&S Package Underwriter

Convelo Insurance Services; New York (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

Convelo Insurance Services, a specialized MGA and wholesale broker, is seeking an Excess & Surplus Lines Package Underwriter in New York. You will evaluate non-standard submissions, rate and bind coverage, and maintain files while coordinating with claims, accounting, and loss control to ensure profitable results.

The role requires 3–5+ years of P&C E&S underwriting, strong negotiation and communication skills, and the ability to build relationships with agents and insureds.

Qualifications

• Minimum 3-5+ years of Property & Casualty E&S underwriting experience.
• Strong knowledge of insurance rating, forms and coverages.
• Ability to make timely decisions with appropriate information and consultation.
• Strong negotiation skills and relationship-building with agents.
• Excellent written and oral communication; able to work independently or in a team.

Responsibilities

• Evaluate new non-standard business submissions for appetite, pricing, and profitability.
• Rate, quote, and bind coverage on new and renewal opportunities with producer partners.
• Maintain underwriting files and prepare reports and presentations as required.
• Serve as liaison between departments including accounting, claims, and loss control.
• Approve and issue endorsements per underwriting guidelines and service guidelines.
• Collaborate with other underwriters to drive multi-line sales on accounts.
• Build and maintain strong relationships with internal and external producers.
• Ensure terms and conditions comply with regulatory requirements.
• Perform other duties as assigned.

Job description

Convelo is a managing general agent and wholesale broker positioned perfectly to give agents and brokers easy access to the most competitive specialty insurance products in the healthcare, senior living, non-profits, human services, and other sectors. Convelo is a socially conscious organization boasting an amazing culture of relentless grit and continuous improvement. We go to work every day to positively affect people's lives and we strive to do the same for our employees.

The primary objective of the Excess and Surplus Lines Package Underwriter is to select, evaluate, price and manage unique human and social service accounts ensuring appropriate terms, conditions and pricing that leads to sustained and profitable business.

ROLE RESPONSIBILITIES

• Evaluate new non-standard business submissions for appetite acceptability, proper pricing, and profitability.
• Rate, quote, and bind coverage on new and renewal business opportunities utilizing appropriate terms, conditions and rates with producer partners leading to the binding of business
• Maintain underwriting files and prepare reports and presentations as required
• Act as a liaison between various departments including accounting, claims and loss control.
• Approve and issue endorsement requests per underwriting guidelines and service guidelines
• Work with other underwriters/departments to drive multi-line sales on individual accounts
• Build and maintain strong relationships with our internal and external producer partners
• Ensure terms and conditions match all regulatory requirements.
• Other duties as assigned

QUALIFICATIONS

• Minimum 3-5+ years of Property & Casualty E&S underwriting experience
• Strong knowledge of insurance rating, forms and coverages
• Ability to make timely decisions with appropriate information and consultation
• Strong negotiation skills
• Proven track record of building strong business relationships with agents and insureds
• Demonstrated strong written and oral communication skills
• Ability to work both independently and within a team environment to drive results
• Industry designations (CPCU, AU) are helpful

Convelo is a proud Equal Opportunity Employer. Convelo is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Convelo will not tolerate discrimination or harassment based on any of these characteristics. We believe that variety in experience makes us stronger as individuals, as communities, and as a company. Fostering an environment where all employees feel empowered to bring their authentic self to work is our priority