About this opportunity
K2 Insurance Services, LLC lists this Senior Underwriter opportunity in harrisburg, Pennsylvania. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Senior Underwriter
Allied Public Risk, LLC, a subsidiary of K2 Insurance Services, LLC, an exclusive underwriting manager of customized management liability products for public entities, seeks a full-time Senior Underwriter to join its team remotely.
Allied Public Risk offers the opportunity to join an established company in growth mode. Our compensation program includes competitive pay; bonus plan; medical, dental, and vision insurance; paid time-off in of hire; and 401(k) with employer match.
Salary Range: 90,000-100,000 USD per year
Responsibilities:
* Works with Lead Underwriter to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets;
* Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined;
* Ability to analyze loss runs and calculate loss ratios. This skill set needs to be used when underwriting and quoting new business and renewals;
* Will prepare referrals on accounts outside of their authority and send to Lead Underwriter for review and approval for release or submission to Company; May handle direct referrals to Company, particularly as tenure is attained.
* Achieve new business hit ratio and renewal retention goals;
* Assist in technical training to new underwriting team members to ensure that all risks conform to AER underwriting guidelines and file documentation requirements;
* Coordinate with UW Support to issue error free policies and endorsements. Review and analyze complex policies.
* Participate in new business development in accordance with the Program's business plan;
* Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances;
* Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills;
* Begin working with Lead Underwriter to participate in enhancing APR's profile, including participating in broker marketing calls;
* Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities;
* Work toward becoming a subject matter expert regarding primary and excess private/nonprofit entity coverage and emerging issues in the management liability space.
Qualifications:
* Excellent written, verbal, and interpersonal skills;
* Strong analytical skills;
* Solid computer skills and ability to independently use Microsoft Office Products;
* Strong negotiation skills combined with the ability to close new business opportunities;
* Flexibility for 0%-20% business travel;
Experience / Education:
* 2 or more years experience underwriting public entities insurance;
* Bachelor's Degree, in Business, a related field, or equivalent education preferred;
* CPCU or ARM designation a plus;
* Public Entity and Municipality insurance experience a plus;
Compensation details: Yearly Salary
PId38c8efe03bd-
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.