Sr. Underwriter Flood

Howden Insurance Local UK; United States; Hybrid; USD 125,000 - 150,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Wellbeing programs

Unlimited PTO

401k with company match

Volunteer days

Job summary

DUAL North America, Inc. seeks a Sr. Underwriter Flood to lead day-to-day renewal and new business for retail and wholesale segments in the United States. You will manage submissions, rating, quoting, binding, and service, while budgeting and negotiating with carriers.

Responsibilities include directing underwriting activities, developing broker relationships, and ensuring accurate documentation and referrals as needed. Travel ~25% is expected.

Qualifications

• Bachelor's degree required.
• 3-5 years’ experience in property underwriting, with knowledge of Flood.
• Strong negotiation and presentation skills.
• Self-motivated with outstanding marketing skills.
• Excellent organizational and time management, and ability to perform accurate calculations.
• Strong collaboration and interpersonal communication in a fast-paced, team-centric environment.
• Business development skills and a track record of profitable growth.
• Willingness to travel ~25% of the time.
• Continuing education or P&C licensing in underwriting preferred.

Responsibilities

• Direct and supervise underwriting activities to achieve profit goals.
• Develop relationships with brokers and articulate DUAL's appetite.
• Solicit, review, and coordinate new business opportunities with brokers.
• Underwrite new and renewal business.
• Collaborate effectively and provide excellent customer service.
• Provide analytical input and sound judgment for decisions.

Skills

Property underwriting

Flood knowledge

Negotiation

Presentation

Self-motivation

Marketing

Organizational skills

Time management

Collaboration

Business development

Interpersonal communication

Critical thinking

Travel readiness

Education

Bachelor's degree

Job description

At DUAL North America, our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.

The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

DUAL North America, Inc. is seeking a

Sr. Underwriter Flood

• Classification: Exempt/ Full-time
• Reports to: Vice President, Flood
• Travel: 10-25%
• Salary: $125,000.00- 150,000.00

Location: United States, Remote/Hybrid

Role overview

DUAL North America, Inc. is seeking a Sr. Underwriter to join the Flood team. The Sr. Underwriter is responsible for the day-to-day management of the renewal policies and new business for servicing retail and wholesale segments.

Duties include reviewing and growing the group via submissions, rating, quoting, binding new and renewal business, servicing existing business. From the business side, the individual will be responsible for budgeting, potential carrier / reinsurer negotiations and maintaining the P&L. Our program operates under underwriting authority agreements with our carrier partners and the underwriter will be familiar with these documents and work within the confines of the agreement. The underwriter will work closely with referral underwriters to underwrite submissions on that fall outside of the authority agreements.

Role responsibilities

• Direct and supervise underwriting activities as the need arises to produce positive profit and expense results within area of responsibility.
• Develop positive relationships with brokers and effectively articulate DUAL’s appetite.
• Solicit, review, and coordinate new business opportunities with brokers
• Underwrite both new and renewal business
• Exhibit high levels of collaboration, leadership, customer service, and persistence
• Provide strong analytical ability and sound judgment to make informed and accurate decisions

New Business

• Analyze new submission submissions for acceptability. Review applications, loss runs, websites, models, etc.
• Communicate declination or need for additional information to broker/agent.
• Determine if accounts are a fit for our in-house authority or if referral is required.
• Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process
• Submit clear, detailed referrals to carrier partners (when required).
• Generate quote documents and send to broker/agent
• Generate binder/invoice documents and send to broker/agent
• Handle post-bind concerns and ongoing account questions and routine service
• Create complete files

Renewal business

• Review renewal accounts 90 days from effective to determine eligibility for renewal
• Solict renewal information from agent/broker
• Determine if accounts are fit for our in-house authority or if referral is required.
• Complete thorough, accurate, detailed underwriting notes to document the underwriting thought process
• Quote renewal using in-house authority or refer if necessary
• Produce Bind/invoice renewal documents
• Handle post-bind concerns and ongoing account questions and routine service

Key requirements

• Bachelor’s degree required
• 3-5 years’ experience in property underwriting required, with knowledge of the peril of Flood.
• Strong negotiation and presentation skills
• Self-motivated individual
• Outstanding marketing skills
• Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
• Strong collaborative skills in a fast-paced team-centric environment.
• Business development skills evidencing a successful track record driving profitable growth.
• Strong interpersonal, presentation, written and verbal communication skills.
• The ability to demonstrate critical thinking, decision making, and problem-solving skills.
• The ability to travel a minimum of 25% of the time is anticipated.
• Continuing education, professional designations, or related P&C licensing in insurance underwriting are preferred.
• If you do not meet all the qualifications for this role, we still encourage you to apply, as we are always looking for diverse talent to join our growing team.

What we offer

A career that you define. Yes, we offer all the usual rewards and benefits - including medical, dental, vision, a wide variety of wellbeing offers, competitive salary, unlimited PTO, 401k with company match, paid volunteer days and more.

We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and the wider community.

EEO Statement

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. DUAL North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. DUAL will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.