Underwriter

Starr Indemnity & Liability Company; City of Albany (NY); In loco; USD 153.000 - 187.000; Tempo pieno

Descrizione del lavoro

Starr Indemnity & Liability Company in New York seeks an experienced P&C underwriting professional to lead program submissions with MGA partners and evaluate performance data to shape terms, pricing, and coverage structures.

You will collaborate across teams to implement underwriting guidelines, stay updated on regulatory changes, and present analyses to management, helping drive underwriting strategy for traditional and non-traditional programs.

Competenze

• Bachelor’s degree in business, Insurance, Risk Management, or related field (CPCU, CIC, or other designations preferred).
• 5+ years of experience in P&C underwriting, preferably with program business or MGA relationships.
• Experience evaluating and underwriting non-traditional or niche insurance programs.

Mansioni

• Underwrite new and renewal P&C program submissions from MGA partners, determining terms, pricing, and coverage structures.
• Collaborate with MGA partners to clarify guidelines, appetite, and objectives; assist onboarding new programs.
• Prepare and present underwriting reports, program analyses, and recommendations to management.

Conoscenze

Underwriting expertise

Analytical thinking

Portfolio management

Communication

Collaboration

Formazione

Bachelor’s degree in business/insurance/risk mgmt

CPCU/CIC or other designations

Strumenti

Insurance management systems

Microsoft Office Suite

Descrizione del lavoro

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Key Responsibilities

• Program Underwriting & Evaluation Underwrite new and renewal P&C program submissions from MGA partners, with a focus on niche or non-traditional risks that demonstrate profitable results. Analyze program performance data, loss history, and actuarial reports to determine program viability and recommend appropriate terms, pricing, and coverage structures. Collaborate with MGA partners to clarify program guidelines, underwriting criteria, and appetite, ensuring alignment with company objectives. Participate in the due diligence process for onboarding new MGA partners and programs, including review of underwriting processes, controls, and historical results. Assist in the development of program-specific underwriting guidelines. Coordinate with internal resources to receive ultimate approval for new programs
• Collaboration & Continuous Improvement Partner with the Programs Auditors to review audit findings, address underwriting-related issues, and implement corrective actions as needed. Participate in post-audit reviews and collaborate on action plans to enhance underwriting practices and program performance. Stay current on industry trends, regulatory changes, and competitor activity to inform underwriting strategy and maintain compliance.
• Relationship Management & Communication Serve as an underwriting contact for MGA partners, providing guidance, support, and education on underwriting standards and program requirements. Communicate effectively with internal stakeholders and MGA partners to resolve underwriting issues and share best practices. Prepare and present underwriting reports, program analyses, and recommendations to management.

Qualifications

Bachelor’s degree in business, Insurance, Risk Management, or related field (CPCU, CIC, or other insurance designations preferred). 5+ years of experience in P&C underwriting, preferably with program business or MGA relationships. Demonstrated expertise in evaluating and underwriting non-traditional or niche insurance programs. Strong analytical and decision-making skills, with the ability to assess complex risks and develop creative solutions. Excellent communication and interpersonal skills, with a collaborative approach to partner and team relationships. Experience with insurance management systems and proficiency in Microsoft Office Suite.

Key Competencies

• Underwriting Expertise & Risk Assessment
• Analytical & Critical Thinking
• Program & Portfolio Management
• Collaboration & Continuous Improvement
• Relationship Building & Communication
• Initiative & Problem Solving

For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $170,000

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.

We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.

https://starr.com/About/Careers