We are looking for an Underwriting Specialist Construction for our Inland Marine team. We need an underwriter with experience in Construction, low/medium hazard Property risks. The ideal candidate for this role is one who is skilled in underwriting builder''s risk, contractor''s equipment, annual programs, builder''s risk, APD, railroad rolling stock, warehouse legal, renewable property, and low complexity property accounts. Ownership of large accounts / clients including negotiation of participation, pricing and terms and conditions. Training and development of team and referral point for underwriters. Specialized technical expertise /lead for at least one sub-LoB. Underwrite new and renewal accounts to meet top and bottom-line targets. Underwrite International Insurance Programs (for relevant LoBs). Ensure contract certainty is achieved on all accounts at time of inception. Ensure placing and binding of FAC Reinsurance prior to policy inception. Ensure accurate policy documentation issued to producers (where AzC responsibility to do so) or producers has issued documentation (where producer responsibility). File maintenance ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled. Proactively support completion of policy administration and credit control processes. Training, developing and coaching of less experienced staff (including Underwriters). Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary). MMC, ARC, Claims, Operations. Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g. risk managers). 5-7 years significant experience in Underwriting profitable construction, transportation, inland marine, and low/medium hazard property risks. Builders risk, contractors equipment, annual programs, master builders risk ~ Motor Truck Cargo, APD, Railroad Rolling stock, Warehouse Legal ~ Specialized understanding of regional / local LoB insurance markets and competitor landscape, including global elements. Good understanding of legal and regulatory framework. ~ Preferably a bachelors degree in insurance, Risk Management, Finance, Economics or Business Administration. ~ Ability to assess risk inherent exposures and natural hazards relevant to LoB. ~ Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance. Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation. ~ Ability to persuade and motivate others to act, without executive authority. ~ Use general office application tools e.g. Power Point, Excel, Word. ~ The ability to utilize AI tools to support day-today tasks, improve efficiency, and contribute to data-driven decision-making is valuable. The actual salary for this position may be above and will be determined by several factors, including the scope, complexity and location of the role, the skills, education, training, credentials, and experience of the candidate. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
Job Title
Marine Claims Specialist