Sr. Underwriter, Commercial Property

Title: Sr. E&S Underwriter - Commercial Property Division

Location: On-site in Richmond, VA

Job Summary

The Sr. Underwriter is responsible for underwriting risks (new and renewal) in a book of business to achieve company premium and profit goals. Individual contributor responsible for the overall management, business development, analysis and monitoring of a book of business. Participates in product line management including product enhancement as well as corrective actions. Maintains and develops broker relationships.

Responsibilities

• Underwriting and binding of new and renewal business, and overall management of assigned brokers, territory, and policies
• Review small to mid-size complex risks to verify acceptability based on company underwriting appetite and your underwriting authority.
• Determine whether to accept, provide an option(s), or decline risks. Oversee, review, and approve endorsements.
• Direct loss control services on specific issues for better risk assessment
• Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
• Review and resolve premium audit inquiries and disputes.
• Communicate with brokers to develop opportunities, obtaining additional information when needed and to promote underwriting appetite for risk.
• Create, analyze, and interpret information from various reports.
• Develop positive working relationships with brokers, through daily interactions and travel to brokerage offices.
• Contribute to training, mentoring, and on-boarding of new or less experienced team members.
• Handle other duties as assigned.

Preferred Qualifications:

• Bachelor’s degree and 4+ years surplus lines underwriting experience, and/or equivalent combination of education and relevant underwriting experience.
• Excellent analytical and organizational skills.
• Understanding and ability to effectively engage in the negotiation process.
• Previous insurance educational work, IIA and/or CPCU designation strongly preferred.
• Detail oriented with a drive for success and the ability to collaborate effectively and work independently in a fast-paced environment.
• Advanced knowledge of computer programs, including Word, Excel, and Outlook.

Benefits Overview

• Medical, Dental, and Vision insurance plans. FSA/HSA plans.
• Basic Life/AD&D/Short Term/Long Term Disability coverage.
• Matching 401k: 100% match on first 3%, 50% match on next 3%.
• Flexible PTO plan, 12 paid company-wide holidays, plus your birthday off.
• Recognized as a Top Workplace by Richmond Times-Dispatch

Equal Employment Opportunity (EEO)

Richmond National is an equal employment opportunity employer, the Company’s employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions or on any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.