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

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

Job summary

An established industry player is seeking a seasoned E&S Brokerage Underwriter to drive new business growth and profitability. This pivotal role involves managing submissions, evaluating risk exposure, and providing exceptional service to agency partners. The ideal candidate will possess strong underwriting experience and a commitment to fostering collaborative relationships. Join a company that values uniqueness and offers a supportive culture, where your contributions will be recognized and rewarded. If you're ready to make a significant impact in a dynamic environment, this opportunity is perfect for you.

Benefits

Comprehensive Health Care Plans

Retirement Savings Plan with Company Match

Tuition Assistance

Paid Time Off

Discounted Employee Stock Purchase Program

Qualifications

• 7+ years of E&S underwriting experience preferred.
• Insurance designations like CPCU or ASLI are preferred.

Responsibilities

• Manage and underwrite E&S Brokerage new business growth.
• Provide guidance to General Agents and ensure service quality.

Skills

E&S Underwriting

Risk Analysis

Communication Skills

Customer Service

Analytical Skills

Education

College Degree

Tools

Automated Underwriting Systems

Email Systems

Job description

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.

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

• Manage, underwrite and drive E&S Brokerage new business growth in accordance with company goals. Gather, analyze and evaluate risk exposure for submissions that are received. Provide appropriate risk documentation and work within stated authority to provide quotes that support our growth and profitability goals.
• Demonstrate knowledge and understanding of coverage forms, rating plans and guidelines in the selection and pricing of individual risks. Evaluate risk hazards and ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company underwriting standards and pricing philosophy.
• Determine appropriate solutions for agents and take necessary measures to obtain information needed to resolve inquires/transactions efficiently.
• Work in unison with managing General Agents and other departments to grow and maintain a profitable book of business.
• Work with renewal staff supporting company goals of premium and retention.
• 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, build, and maintain collaborative working relationships with internal and external customers. Work collaboratively with the regional teams to provide a seamless experience for our agency partners. Participate in the development of team goals and work diligently to achieve them.
• Conduct continuous profit and growth analysis by territory and agency as assigned, making recommendations when necessary to improve outcomes. Monitor premium retention with the use of electronic reporting tools and make recommendations to improve assigned agents' performance while working with management to implement. Provide internal reports for management as required.
• Effectively manage multiple workflows to ensure submissions and open quotes are handled efficiently to bind new business accounts.
• Enhance knowledge of industry information, products, and competitors. Provide technical advice and mentorship to lower level associates and other functional areas.

Qualifications

• Proficient in usage of all supplied desktop tools, including the automated underwriting and email systems.
• Ability to effectively communicate with internal and external customers/peers.
• 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. Travel represents approximately 15% of employee's time.
• College degree preferred.
• 7+ years of E&S underwriting experience preferred.
• Insurance designations preferred: Chartered Property Casualty Underwriter (CPCU), Associate in Surplus Lines (ASLI), and Associate In General Insurance (AINS).

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.