Underwriter - Ocean Marine (Hybrid)

Intact Insurance Specialty Solutions; New York (NY); Hybrid; USD 70,000 - 98,000; Full time

Job summary

Join Intact Insurance Specialty Solutions as an Underwriter in New York, a role focusing on assessing risks and making informed decisions. You will handle a profitable book of business and maintain relationships with producers while enjoying a hybrid working model. The position supports your professional development with a competitive salary and a comprehensive benefits package.

Benefits

Comprehensive medical, dental, and vision insurance

401(k) with annual contributions

Paid parental leave

Competitive paid time off programs

Mental health support programs

Qualifications

• 2-3 years of underwriting experience preferred.
• Experience within specialty line of business is preferred.

Responsibilities

• Manage a profitable book of business through portfolio reviews.
• Evaluate exposures and make underwriting decisions.
• Develop relationships with producers and internal/external partners.

Skills

Business Evaluation

Risk Assessment

Relationship Management

Education

Bachelor’s degree

Job description

1 week ago Be among the first 25 applicants

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you.

Who We Are

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

The opportunity

Responsibilities

We currently have an opportunity for an Underwriter to join our Ocean Marine team based in our New York City, NY office on a hybrid schedule. This job determines selection or rejection of new and/or renewal business using underwriting rules and guidelines, manual rating rules and insurance laws and regulations. Some of the Underwriter responsibilities include but are not limited to:

• Manages profitable book of business by evaluating results and conducting portfolio reviews for assigned territory and individual producers.
• Examines, identifies, and evaluates exposures by analyzing documentation from various sources, and makes underwriting decisions to accept, decline, or modify risks within assigned underwriting authority level.
• Develops superior working relationships with producers, and with internal and external partners, to successfully promote achievement of mutual operating goals (growth, retention and profitability) and to supply the appropriate products and services with moderate assistance.
• Processes underwriting decisions. Documents files and reports via automated desktop systems and tools.
• Gathers and analyzes competitor and producer information including producers' retention, profitability and potential, in support of pricing and appetite. Works with underwriting staff to determine and make recommendations for marketing, pricing, and products.
• In conjunction with other team members, travels to key producers/accounts. May participate in industry events.
  
  

The expertise you bring

• Bachelor’s degree preferred.
• 2-3 years of underwriting experience, within specialty line of business, preferred.
  
  

Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $70,000 – $98,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Hoboken, NJ; and the New York City metro area, the base salary range is $88,000 -$102,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
  
  

Why choose Intact

We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.

Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.

Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.

Check out our Glassdoor reviews to see why people love working for Intact!

Our promise to you

Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.

In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:

• Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.
• Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
• Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.
  
  

About Intact

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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