Senior Underwriter OR Assistant Vice President - Inland Marine

Skyward Specialty; United States; Remote; USD 115,000 - 180,000; Full time

Job summary

Skyward Specialty, a growing provider in property and casualty insurance, is seeking a Sr. Underwriter or Assistant Vice President to underwrite complex insurance products through wholesale brokerage. With a focus on relationship management and strategic underwriting, candidates need extensive experience and a strong understanding of market dynamics. A competitive salary and benefits package, along with opportunities for innovation, await the right candidate.

Benefits

Health and welfare benefits

Tuition assistance

401k savings plan

Employee Stock Purchase Program

Paid time off

Paid holidays

Child bonding leave

Qualifications

• 7+ years of specialty underwriting experience required.
• Experience in wholesale E&S Inland Marine market.
• Familiarity with decision support tools.

Responsibilities

• Underwrite new and renewal accounts negotiating terms with brokers.
• Manage relationships and develop new distribution.
• Analyze market trends and loss data.

Skills

Risk Assessment

Negotiation

Market Intelligence

Product Knowledge

Education

Bachelor's degree

CPCU/RPLU designation

Tools

CAB

CATNET

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 $1.4 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

The Sr. Underwriter OR Assistant Vice President underwrites and markets complex insurance products primarily through Wholesale brokerage, managing the relationships involved to ensure profitable alignment with overall company goals and provides intermediate levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. Additionally, provides guidance and support to less experienced team members.

Essential Duties and Responsibilities:

• Underwriting new and renewal accounts to meet growth and profitability targets. Negotiating participation, pricing and terms and conditions with brokers.
• Responsible for effective management of assigned distribution, including maintaining existing relationships as well as identifying and developing new distribution.
• Foster strong partnerships by keeping brokers informed of new products, programs and overall appetite while also communicating underwriting decisions in a clear and timely
• Research and obtain market intelligence in order to stay on top of emerging risks, industry trends and competitor
• Assist in analyzing and developing new products, pricing, or coverage as needed. Assist in analyzing loss trends.
• Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price individual risks.
• Remain current on industry issues and insurance marketplace news that could impact the success of the company and the achievement of its goals and objectives.

Qualifications

• Bachelor’s degree preferred
• 7+ years of progressively complex specialty underwriting experience required
• Experience in the wholesale E&S Inland Marine market required
• Upper tier middle market and Large Account experience utilizing complex program designs required
• CPCU/ RPLU designation is a plus
• Ability to apply principles of logical thinking to assess risk, define problems, collect data, establish facts, and draw intelligent, valid conclusions and make decisions.
• Familiarity CAB, CATNET, and other peril or risk based decision support tools.
• Sound knowledge of AAIS Forms, manual rating techniques, and manuscript forms in a specialty carrier environment, including the value of coverage restrictions compared to price.
• Ability to differentiate oneself based on service, product knowledge, and risk appetite rather than price exclusively.

Compensation & Benefits

The applicable base salary for this opportunity is $115,000 - $180,000. 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 is 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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