Underwriter - Financial Institutions

Starrcompanies; New York (NY); On-site; USD 100,000 - 120,000; Full time

Job summary

Starr Companies' Financial Institutions team in New York seeks an experienced Underwriter to join our NYC office. You will underwrite new and renewal D&O, EPL, FID, E&O, and Crime & Fidelity risk, building broker and client relationships to drive profitable portfolio growth.

Requirements include a Bachelor's degree and 1-3+ years of underwriting experience, plus strong communication and negotiation skills. The role offers competitive salary and growth opportunities within a global insurer.

Qualifications

• Bachelor’s degree in business, finance, insurance, or related field.
• 1-3+ years of direct underwriting experience, preferably in financial institutions or financial lines.
• Demonstrated ability to analyze complex risks and make sound underwriting decisions.
• Strong communication, negotiation, and relationship-building skills.

Responsibilities

• Solicit, evaluate, and underwrite new and renewal D&O, EPL, FID, E&O, and Crime & Fidelity property business.
• Analyze submitted documentation in accordance with underwriting standards; request additional information when necessary.
• Prepare and present quotation terms and conditions to brokers and clients within assigned authority.
• Develop and maintain strong relationships with brokers, clients, and internal partners to drive profitable portfolio growth.
• For risks outside authority, create written referrals and submit with recommendations to appropriate approval authority.
• Maintain comprehensive file documentation as per company procedures.

Skills

Communication

Negotiation

Relationship-building

Education

Bachelor’s degree in business, finance, insurance, or related field

Tools

Microsoft Office Suite

Job description

Underwriter - Financial Institutions*Notice we use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set in our Privacy Policy**. By using the website, you agree to our use of cookies.*### Underwriter - Financial InstitutionsApply: 1177 Avenue of the Americas-New York, NY: Full time: Posted Today: JR4604**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.**The Financial Institutions team is seeking an experienced Underwriter to join our team and play a key role in building and managing a profitable financial institutions portfolio. This position will be responsible for underwriting new and renewal business, developing strong broker and client relationships, and applying sound underwriting judgement to financial institutions risks. This role will report to the regional leardership and will be based in our New York Region office. **Key Responsibilities*** Solicit, evaluate, and underwrite new and renewal D&O,EPL,FID, E&O, and Crime & Fidelity property business from a diverse range of retail production sources.* Analyze submitted documentation in accordance with company underwriting standards and guidelines; request additional information when necessary.* Within assigned underwriting authority, prepare and present quotation terms and conditions to brokers and clients.* Develop and maintain strong relationships with brokers, clients, and internal business partners to drive profitable portfolio growth.* For risks outside authority, create written referrals and submit with recommendations to appropriate approval authority.* Maintain comprehensive file documentation as per company procedures.**Qualifications:*** + Bachelor’s degree in business, finance, insurance, or related field. + 1-3+ years of direct underwriting experience, preferably in financial institutions or financial lines + Demonstrated ability to analyze complex risks and make sound underwriting decisions. + Strong communication, negotiation, and relationship-building skills. + Proven ability to work collaboratively within a team and with external partners. + Interest in ongoing professional growth and consideration for future management opportunities. + Proficiency in relevant underwriting platforms and Microsoft Office Suite.Estimated salary range for this position is $100,000 - $120,000.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.