Experienced Senior Production Underwriter, Production Underwriting Specialist or Senior Production Underwriting Specialist
Ability to handle Lead Umbrella and Excess Liability risks in manufacturing, contracting, retail service and distribution
Work out of the Cincinnati, OH headquarters
Knowledge of Company underwriting guidelines and risk appetite
Ability to analyze risk data for decisions on coverage, pricing, and terms
Ability to collaborate with claims, agents, brokers, and clients
Ability to order and evaluate additional reports and screens (e.g., Safer-SMS reports, loss history reports, outside inspections)
Knowledge of state and federal insurance regulations
Ability to stay updated on industry trends, regulatory changes, and market conditions
Ability to develop and maintain effective business relationships with internal and external customers/coworkers
Responsibilities
Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite
Analyzes risk data to make informed decisions on coverage, pricing, and terms
Collaborates with claims, agents, brokers, and clients to obtain necessary information and clarify details
Orders and evaluates additional reports and screens, such as Safer-SMS reports, loss history reports, outside inspections, etc., to inform decisions
Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations
Evaluates existing policies for potential renewal or modification
Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers
Stays updated on industry trends, regulatory changes, and market conditions
Develops and maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business
Interprets, explains, and promotes products and services to drive market growth
Leverages advanced marketing techniques to interpret, explain, and promote the Company’s products to brokers and agents
Monitors market trends and competition to identify opportunities for product enhancements and marketing strategies
Organizes and participates in marketing initiatives, including presentations, industry events, and broker/agent meetings to showcase products and services
Responsible for evaluating underwriting and marketing practices, implementing strategic adjustments to improve overall effectiveness and outcomes. (Senior Production Underwriting Specialist)
May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports. (Senior Production Underwriting Specialist)