Senior Underwriter - Mining / Energy

Skyward Specialty; United States; Remote; USD 105,000 - 120,000; Full time

Job summary

An established industry player is looking for talented underwriters to join their Mining division. This role involves evaluating risks, managing budgets, and maintaining relationships with brokers. The company offers a dynamic environment with a focus on personal accountability and professional growth. With a commitment to diversity and a competitive compensation package, this position provides an excellent opportunity for those looking to advance their careers in the insurance industry. Join a forward-thinking team dedicated to uncovering better opportunities in the Mining sector and beyond.

Benefits

Health and Welfare Benefits

401k Savings Plan

Tuition Assistance

Employee Stock Purchase Program

Paid Time Off

Paid Holidays

Child Bonding Leave

Employee Assistance Programs

Qualifications

• 5+ years of experience in commercial underwriting, particularly in Mining and Energy.
• Strong understanding of various insurance lines including WC, GL, Auto, and Property.

Responsibilities

• Evaluate risks by analyzing application forms and historical loss data.
• Develop and manage departmental budgets while ensuring compliance with policies.
• Maintain strong broker relationships and provide competitive feedback.

Skills

Commercial Underwriting

Risk Assessment

Financial Analysis

Loss Trend Analysis

Relationship Management

Education

Bachelor's Degree

Professional Designations

Tools

Custom Underwriting System

Job description

Overview

Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking and construction industries.

At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of over $1.7 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.

We are committed to a Diverse Workforce

Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com

Responsibilities

Skyward Specialty is seeking to add top underwriting talent to our Mining division with a focus on expansion in the Western US, in precious metals, rare earth metals, and in renewables. This division has grown to approximately $125 million of premium covering all lines of coverage including WC, GL, Auto, IM, Property and Excess.

Responsibilities include:

• Gathers information from retail agents, wholesale brokers and Underwriting Assistants in order to determine the degree of risk by examining application forms, inspection reports, and historical loss information.
• Evaluates applicant factors by reviewing applicant financial standing, age, occupation, accident experience, and value and condition of property.
• Determines terms, conditions, and complex rating plans.
• Ability to offer coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
• Understand loss trends, loss triangles and rate making.
• Properly classifying and pricing risks as well as evaluating commercial business for risk acceptability and renewal retention.
• Develop and manage departmental operating budget. Take corrective action to guarantee that the process of achievement of objectives falls within designated budgets.
• Is responsible for the overall direction, training, development and evaluation of department staff; carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
• Rate and quote multi-state accounts in custom built underwriting system.
• Request and obtain renewal information as needed.
• Maintain solid broker relationships over the phone, email, and regular personal visits.
• Provides competitive feedback on rates, products, pricing and marketing strategies.
• Makes presentations to peers, producers, and leadership as necessary.
• Promote a culture of personal responsibility/accountability and open communications.
• Ensure fair and ethical policies and practices in all relationships and operations.
• Other duties as may be assigned as the business continues to develop.

Qualifications

• Required experience specifically in Mining and/or Energy Industries.
• Five (5) years or more of commercial underwriting experience;
• Experience with Auto, General Liability, Excess Casualty, Property, Inland Marine and Workers Compensation lines of business.
• Certificates or Licenses as required by regulatory entities.
• Relevant professional designations or claims-specific certifications highly desirable.

Compensation & Benefits

The applicable base salary for this opportunity is $105,000 - $120,000. The base pay offered will be determined by factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to the base salary, this opportunity may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition and professional certification assistance, 401k savings, elective participation in the Employee Stock Purchase Program, paid time off, paid holidays, and child bonding leave, as well as other employee assistance programs.

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