Executive Underwriter (E&S)

Palomar; United States; Remote; USD 150,000 - 200,000; Full time

Job summary

Join a dynamic and innovative insurer as an Executive Underwriter in a remote role, where your expertise will help shape our E&S Primary & Excess product lines. This is an exciting opportunity to work with a rapidly growing company that values agility and authenticity. You will be responsible for selecting and pricing new and renewal business, managing a profitable book through wholesale distribution, and mentoring junior underwriters. If you thrive in a collaborative environment and are passionate about driving business success while providing peace of mind to clients, this role is perfect for you.

Qualifications

• Experience in underwriting, specifically in E&S Primary and Excess lines.
• Ability to manage a profitable book of business.

Responsibilities

• Select, price, quote, and review new & renewal business per guidelines.
• Develop and maintain strong business relationships for new placements.

Skills

Underwriting

Risk Evaluation

Business Relationship Management

Reinsurance Knowledge

Mentoring

Education

Bachelor's Degree in Finance or related field

CPCU Certification

Job description

We are Hiring! Executive Underwriter (E&S)

Location: Remote Opportunity

Why choose Palomar?

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Want to learn more about our exciting journey? Learn More

The Details:

We are looking for an experienced Senior/Executive level underwriter to help build out our E&S Primary & Excess product lines. Successful candidates must be able to produce and manage a profitable book of business through a wholesale only, limited distribution model.

What will you do:

1. Select, price, quote and review new & renewal business in accordance with company underwriting guidelines and experienced underwriting judgment.
2. Independently work with wholesale distribution channels to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.
3. Identify, develop, and maintain strong business relationships to drive consistent opportunities for new business placement, as well as retain existing accounts.
4. Specific experience or fundamental ability to present & defend book dynamics/profile in reinsurance treaty meetings.
5. Utilize facultative relationships/capacity to maintain prescribed net positions with the Palomar E&S portfolio.
6. Be well versed in underwriting Primary and Excess Construction and/or Excess Non-construction risks in the E&S space.
7. Evaluate reinsurance requirements and implement appropriate action, including treaty adherence and facultative solutions.
8. Assist in the mentoring/coaching of junior underwriters. Share industry-specific knowledge with underwriters of all levels while performing as a technical underwriting resource.
9. As a unit leader, set the example of expected performance by producing new business in addition to the required product management duties.
10. Actively continue to improve personal knowledge and practices of the insurance industry through work experience, in-house instruction, insurance-specific designations (e.g., CPCU), industry courses, home office seminars and workshops, etc.