Job Description

Company Details

Responsibilities

The AVP, Underwriting Manager develops and maintains relationships with key brokers in the Region that allow him/her to analyze existing and prospective accounts in the Financial Services and Real Estate Sectors who are seeking Directors and Officers, Employment Practices, Fiduciary Liability and various FI Professional liability coverages such as Investment Management, Bankers Professional and Insurance Company Professional insurance coverage. Duties and responsibilities include but are not limited to:

* Marketing to retail and wholesale national and regional brokers and to end customers both in NY and in assigned regions.
* Preparing thorough underwriting work-ups that contain a detailed financial analysis, claims/legal history, and a review of significant recent corporate events for each new business and renewal account.
* Communicating with brokers during the renewal process to ascertain the clients renewal expectations and on new business accounts to find the best opportunity for successfully winning the business.
* Participating in client meetings designed to address each accounts risk factors and mitigation approach.
* Working with senior managers to rate and price new/renewal accounts and draft all quote/binder letters and issue the policy.
* Maintaining the underwriting files on all in-force and lost/declined accounts.
* Developing forms, coverages, and pricing models as needed to support the business.
* Coordinating with Senior Management team, Claim, Legal, Regulatory, Finance, Actuarial, and Reinsurance functions in support of the business segment.
* Accurately forecasting and managing to the business plan
* Supporting branding and awareness efforts through trade and industry association events and sponsorship

Qualifications

* Bachelors Degree
* 5+ years of progressive experience underwriting financial institutions D&O and Professional liability
* Experience working with Agent/Broker Partners in the Mid-Atlantic Region ideal.
* Industry designations such as RPLU ideal
* Fluent in policy terms/conditions and how changes to the basic terms/conditions can change the assumed risk.
* Ability to explain underwriting positions to key brokers on a specific insured or in general to generate submissions.
* Strong analytical skillset and ability to manage multiple projects and business processes
* Excellent written and oral communications skills, including the ability to compose various types of business correspondence, listening, presenting, negotiating and influencing
* Must be customer service oriented and an effective team player who is willing to learn and collaborate
* Organized, detail oriented and flexible
* Working knowledge of PCs and other software programs including Microsoft Word and Excel