Senior Underwriter

Nautilus Insurance Group (a Berkley Company); Scottsdale (AZ); On-site; USD 90,000 - 120,000; Full time

Job summary

Nautilus Insurance Group in Scottsdale, AZ seeks a Senior Underwriter to support underwriting decisions within assigned authority and to strengthen agency partnerships. You will review applications, determine risk, and maintain a professional interface with internal and external clients.

The role requires a minimum of five years’ underwriting experience, a Bachelor’s degree, and knowledge of NIC guidelines and state filings; travel to agents and events is expected as part of the position.

Qualifications

• Bachelor’s degree or at least two years’ experience in a business or related field, or an equivalent combination.
• Minimum of five (5) years’ experience as an Underwriter.
• Excess and surplus lines background is strongly preferred.
• Basic knowledge of Windows applications (Word, Excel, Outlook) and ability to learn underwriting tools.

Responsibilities

• Review insurance applications and determine acceptability based on NIC guidelines and authority.
• Identify and develop plans to expand agency relationships with assigned offices.
• Collaborate with underwriting team and other departments on underwriting philosophy.
• Monitor production, profitability, and maintain agency relationships.
• Consult with agency staff to obtain information and ensure compliance with state laws and filings.
• Travel to agent offices and external events as required.

Skills

Underwriting experience

Analytical skills

Communication skills

Education

Bachelor’s degree

Insurance designations (AIS/ASLI/AU/CPCU)

Tools

Word

Excel

Outlook

Job description

Company Details

Nautilus delivers smart underwriting solutions and exceptional customer experiences to appointed General Agents in all 50 states and D.C. We focus on providing solutions to benefit our agents through enhanced product offerings, underwriting expertise, technology, education, and service that promote ease and convenience, making us a premier partner in the industry.

We have more flexible policy terms and premium rates on a non‑admitted basis. Our focus is small to medium property and casualty risks on both an admitted and a non‑admitted basis.

Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. We define our relationships through mutual success, speed to market, a customer‑centric focus, and an expanded appetite.

Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.

Responsibilities

The Senior Underwriter provides support to the underwriting process, making appropriate decisions within your underwriting assigned authority levels. Review insurance applications and process accounts. Project a professional company image through internal and external customer interaction.

• Identify and develop plans to expand agency relationships with assigned offices.
• Provide analysis and identification of agency staff to develop plans and approaches for building deeper agency relationships.
• Assess new and renewal accounts to determine acceptability based on NIC underwriting guidelines and authority granted.
• Review new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, address discrepancies as needed, and enter information into appropriate systems.
• Establish types and limits of coverage to be provided.
• Create, analyze, and interpret data from various systems and underwriting resources.
• Monitor production, profitability, and maintain agency relationships.
• Collaborate with underwriting team as well as other departments on underwriting philosophy.
• Effectively communicate (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
• Consult with agency staff to obtain additional information on existing accounts.
• Promote consistency throughout underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals.
• Maintain confidentiality with discretion and integrity with both internal and external information.
• Maintain familiarity with state laws and filing requirements within assigned territory to properly transact business within a state.
• Consult with underwriting team to determine if reinsurance is needed and negotiate terms with designated reinsurer companies.
• Identify and recommend changes to policy verbiage when standard text is not appropriate. Seek manager approval before implementing.
• Monitor the amount of insurance in force on a single risk or group of closely related risks. Evaluate the possibility of catastrophe losses and take necessary action.
• Occasionally assist with the development of special programs, underwriting procedures, and educational seminars.
• Compose reports and business correspondence such as travel summaries, agendas, and meeting minutes.
• Coordinate internal and/or external visits including, but not limited to, scheduling meetings, confirming staff availability, and arranging meals/entertainment.
• Provide guidance and support to less experienced team members within the department.
• Travel to agent offices and/or other external events is required.
• Perform other duties as assigned.

ADMITTED ESSENTIAL DUTIES AND RESPONSIBILITIES (when Applicable)

• Process applicable state forms.
• Maintain familiarity with rule and rate filings.
• Utilize various underwriting tools to determine accurate classifications and calculate rates and premium charges by using approved rating methods.
• Review state laws and filing requirements within assigned territory to properly transact business within a state.
• Calculate rates and premium charges by using approved rating methods in accordance with current state filings.
• Assess issued policies to assure that the proper policy forms have been attached in accordance with current state filings.

Qualifications

• Bachelor’s degree; or at least two years’ experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge, skills, and abilities.
• AIS, ASLI, AU, and CPCU designations or completion of other insurance-related classes is preferred.
• A minimum of five (5) years’ experience as an Underwriter.
• Basic knowledge of computer programs in a Windows environment, including Word, Excel, and Outlook.
• Able to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.
• Excess and surplus lines background is strongly preferred.
• Able to compute rates, ratios, and percentages.

Additional Requirements

• While performing the duties of this job, the employee is typically required to sit, talk, and hear. The employee is infrequently required to stand, walk, reach with hands and arms, or stoop, kneel, crouch, or crawl.
• The employee must occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job typically include close vision, occasional use of depth perception, and infrequent need for distance vision, color vision, or the ability to adjust focus.
• The noise level in the work environment is usually moderate.
• Most functions of this position are completed while sitting at a desk and working on a computer.