Sr. Underwriter

Core Specialty Insurance Holdings, Inc.; Cincinnati (OH); Hybrid; USD 110,000 - 140,000; Full time

Job summary

Core Specialty Insurance Holdings, Inc. is seeking a Senior Underwriter to analyze E&S Product Liability submissions, determine eligibility, and set limits, attachment points, pricing, and terms that ensure underwriting profitability.

The role requires 4+ years of commercial insurance underwriting, knowledge of GL construction, and the ability to travel monthly to broker partners in the region. This hybrid position emphasizes strong broker relationships and adherence to company policies.

Qualifications

• Bachelor's degree in Risk Management & Insurance or equivalent work experience.
• 4+ years of Commercial Insurance underwriting experience.
• Progress toward CPCU/CRM/ARM/CIC designation preferred.
• Willingness to travel monthly to meet brokers in the region.

Responsibilities

• Analyze E&S Product Liability submissions to determine eligibility and quote terms.
• Bound risks within delegated authority and pricing methodologies.
• Provide prompt, accurate customer service on policy transactions.
• Document underwriting activities and decisions in files.
• Build and maintain broker relationships in the region.
• Adhere to company policies, governance, and client-focused values.

Skills

Underwriting

Pricing/Ratings

Risk assessment

Customer service

Broker relationships

Education

Bachelor's degree in Risk Management & Insurance

Job description

The Sr. Underwriter will analyze E&S Product Liability submissions from broker partners to determine eligibility of risk within Core E&S Product Liability appetite and subsequently to determine appropriate limits, attachment point, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk.

Key Accountabilities/Deliverables:

• Execution of Primary GL business plans and objectives including:
• Build Core Specialty's reputation and presence in the small to medium sized Products Liability Market.
• Provide prompt and accurate customer service on policy transactions
• Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
• Provide documented evidence of underwriting activities and decisions in files as required
• Support Company and Department goals and objectives
• Build Core Specialty's relationships with our broker partners
• In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
• Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty's shared values, including putting clients at the heart of our business.

Knowledge of the Products Liability Market environment:

• Knowledge of GL Construction, Real Estate and Service Providers & current market environment
• Knowledge of underwriting practices, coverage & pricing/rating methodologies
• Knowledge of producer & competitor marketplace
• Knowledge of targeted industries
• Knowledge of insurance company operations
• Familiarity with company systems, procedures & processes
• Solid understanding of policy wordings and clauses

Understanding of all pricing/underwriting tools available

Experience

• Bachelor's degree (preferably with a Risk Management & Insurance Major)or equivalent work experience.
• 4 plus years of Commercial Insurance Underwriting experience
• Achieved or working towards an industry designation such as CPCU, CRM, ARM, CIC
• Ability to travel monthly to meet assigned brokers in the region

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.

#LI-Hybrid

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.

We offer

• medical, dental, vision, and life insurances
• short and long-term disability
• a Company-match of 100% of a 6% contribution 401(k) plan
• an Employee Assistance Plan
• Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program