Underwriter

Vault Insurance; United States; On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Flexible Spending Accounts

Health Savings Accounts

Company paid life & disability

401k with Day 1 eligibility (6% match)

PTO and holidays

Diversity & inclusion

Job summary

Vault Risk Management Services, LLC is seeking an experienced Underwriter to manage high-net-worth personal lines portfolios nationwide. You will evaluate risks, price policies, and set terms within authority limits while building strong broker and client relationships.

The role requires 5+ years in HNW underwriting, solid technical underwriting knowledge, and excellent communication skills. A proactive, detail-oriented mindset and proficiency with MS Office are essential for success.

Qualifications

• 5+ years of experience in High Net Worth insurance underwriting.
• Experience with Excess & Surplus (E&S) solutions in high-net-worth personal lines preferred.
• Technical underwriting knowledge reflecting progression to greater responsibility.
• Excellent interpersonal and communication skills (written and verbal).
• Strong attention to detail and organizational skills.
• Ability to work in a competitive market, be innovative in production and retention; adapt to changing requirements.
• Curious, proactive, and adaptable mindset; able to think creatively.
• Strong time management and multitasking abilities.
• Proficient with Microsoft Office and internet research tools.

Responsibilities

• Establish and maintain broker and client contact to enhance relationships.
• Underwriting business within parameters set in the underwriting authority document.
• Perform underwriting submissions reviews, pricing analysis, and set policy terms per authority.
• Underwrite and price high-net-worth personal lines risks across the country.
• Develop information for new and renewal business using automated systems.
• Stay current with major industry issues and developments.
• Maintain urgency in resolution and keep agents/clients informed and followed up.

Skills

High Net Worth underwriting

Pricing analysis

Client relationship development

Communication skills

Team collaboration

Education

Bachelor’s degree or relevant experience

Job description

Company Overview

At Vault, we are not just insuring assets. We are reducing risks with data-driven technology to Protect What Matters Most to our customers.

Description

Our team is driven by a shared commitment to protect customers’ most prized possessions. We look at the bigger picture to provide custom solutions, exceptional service, and proactive risk management to protect their legacies.

Are you thinking about joining our team? We look for self-motivated and inventive individuals who are dedicated to providing the highest level of service to our customers and partners.

Why Choose Vault

Voted Best Places to work in Tampa Bay

An innovative, open-minded environment, built on trust and empowerment

A diverse and inclusive organization where we value each individuals’ strengths and expertise

A team committed to charity and community involvement

Mentorship from the top minds in the industry

A forward-thinking team backed by cutting edge technology

A-Financial Strength rating by AM Best

Comprehensive benefits tailored to your lifestyle

Job Responsibilities Include But Are Not Limited To

• Establish and maintain broker and client contact to enhance relationships.
• Underwriting business within parameters set in agreed underwriting authority document.
• Perform general underwriting functions including underwriting submission reviews, pricing analysis, and setting of policy terms and conditions up to our agreed authority limits.
• Underwrite and price high-net-worth personal lines risks across the country.
• Utilize knowledge of automated systems to develop information for new and renewal business.
• Stay current with respect to major industry issues and developments.
• You have a sense of urgency around resolution, you keep the agent and/or client informed and follow up in a timely manner.
• You work collaboratively with the entire team and elevate issues as appropriate.
• You take pride and ownership to provide service within the company established guidelines for timeliness, quality and effectiveness.
• You happily perform other duties as required.

Requirements

• Bachelor’s degree or relevant experience preferred.
• Minimum 5 years experience in High Net Worth insurance underwriting.
• Recent experience in E&S solutions in the high-net-worth personal lines space is preferred.
• Technical underwriting knowledge and skills reflective of progression in positions of increasing responsibility.
• Excellent interpersonal and communication skills (both written and verbal).
• Strong attention to detail.
• Strong organizational skills.
• Must strive to provide service levels that exceed industry standards and demonstrate teamwork across functional areas.
• Possess the aptitude to work in a highly competitive market, be innovative in business production and retention; be able to adapt to changing markets and internal requirements.
• Curious, proactive, and adaptable mindset. Must be able to think creatively.
• Strong time management skills, being able to prioritize, and handle multiple tasks.
• Resourceful and results driven with strong problem solving and analytical skills.
• Proficient with Microsoft Office products and internet research tools.

Benefits Include But Are Not Limited To

• Flexible Spending Accounts & Health Savings Accounts, with company contributions
• Company paid comprehensive life & disability insurance plans.
• 24/7 Telehealth Doctor Access, Virtual wellness screenings, Employee Assistance Programs
• Company 401k retirement plan with Day 1 eligibility (6% company match, 100% immediate vesting)
• 23 PTO days/yr + 11 paid holidays... and so much more!
• We believe diversity makes us better, and we seek to create a workplace where all feel a sense of belonging.