E&S Sr Brokerage Underwriter/ E&S Brokerage Underwriting Specialist (Hybrid/Remote)

Selective Insurance Company of America; Scottsdale (AZ); Remote; USD 90,000 - 130,000; Full time

Job summary

Join a forward-thinking insurance company as a Senior Brokerage Underwriter, where you will play a pivotal role in managing risk and ensuring exceptional service to agency partners. In this dynamic position, you'll analyze submissions, apply underwriting guidelines, and mentor junior associates. With a strong focus on growth and profitability, you will work collaboratively with internal teams and agents to maintain a profitable book of business. This is an exciting opportunity to contribute to a company recognized for its commitment to employee development and community engagement, all while enjoying a competitive salary and comprehensive benefits package.

Benefits

Comprehensive Health Care Plans

Retirement Savings Plan with Company Match

Tuition Assistance and Reimbursement

Paid Time Off Plans

Discounted Employee Stock Purchase Program

Qualifications

• 5-7 years of underwriting experience required.
• Proficiency in desktop tools and effective communication skills.

Responsibilities

• Analyze risk exposure and make recommendations to improve profitability.
• Manage agency book of business and ensure compliance with underwriting standards.

Skills

Underwriting

Risk Analysis

Communication

Customer Service

Analytical Skills

Education

College Degree

Tools

Automated Underwriting System

Email Systems

Job description

About Us

MUSIC is a division of Selective Insurance company of America:

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective’s unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.

Our Culture

We genuinely care about each other, our customers, and the communities in which we operate. Our leaders actively champion career development and invite us to voice unique ideas and diverse perspectives. If that sounds appealing, we think you would feel inspired on our team to achieve and be rewarded for extraordinary results.

Overview

The MUSIC E&S SR. Brokerage Underwriter/ E&S Brokerage Underwriting Specialist will support business growth and profitability goals within authority guidelines in a fast-paced environment with a focus on exceptional service to agency partners. Effectively manage incoming submissions from assigned agents through application of underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Manage agency book of business as well as profit/growth results and trends. Provide expedient underwriting responses, service and guidance to General Agents. Mentor lower-level associates and to enhance underwriting knowledge.

Responsibilities

• Gather, analyze and evaluate risk exposure through appropriate risk documentation. Adopt proactive actions and/or make proactive recommendations to improve risk profitability.
• Apply knowledge and understanding of coverage forms, rating plans and guidelines in the selection and pricing of individual risks. Ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company underwriting standards and philosophy.
• Work within specific authority level to quote, accept, decline, modify and renew risks within territorial assignment in accordance with accepted underwriting guidelines. Work in unison with Managing General Agents and other departments to grow and maintain a profitable book of business.
• Provide guidance to General Agents and other departments regarding various underwriting information. Effectively communicate underwriting decisions and appetite to agents within assigned territory. Reinforce the ease of doing business with MUSIC by meeting or exceeding agent expectations and service quality on a consistent basis.
• Develop and maintain effective working relationships with corporate, internal and external customers. Communicate openly and in a timely fashion. Participate in the development of team goals and work diligently to achieve them. Support all team decisions.
• Conduct continuous profit and growth analysis by territory and agency as assigned. Monitor premium retention with the use of electronic reporting tools. Provide internal reports for management staff as required.
• Must be able to drive an automobile to occasionally travel within territory. Car travel represents approximately 10% of employee’s time.
• Provides technical advice to lower level associates and other functional areas.
• Participates in any pricing meetings, budget reviews or company/agent sponsored events as required.

Qualifications

Knowledge and Requirements

• Demonstrate proficiency in usage of all supplied desktop tools, including the automated underwriting and email systems.
• Demonstrated ability to effectively communicate with internal and external customers/peers.
• Demonstrated ability to adapt to change as the company moves forward in its strategic vision.
• Must have valid state-issued driver’s license in good standing and be able to drive an automobile.

Education and Experience

• College degree preferred
• Must have 5-7 years of underwriting experience

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $90,000.00 - USD $130,000.00 /Yr.
Additional Information

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.