Senior Underwriter

job
  • Spectrum Staffing Services/HRStaffers Inc.
Job Summary
Location
Passaic ,NJ 07055
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
01 Feb 2025
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Job Description

SUMMARY

Seeking an experienced underwriting professional to evaluate, underwrite, and manage D&O, Fiduciary, and Professional Liability policies, specifically within the power, utility, and energy sectors. This role requires a strong understanding of Management Liability risks, particularly D&O coverage, with a focus on assessing risk, structuring policies, and maintaining key broker and client relationships.


RESPONSIBILITIES

  • Assess and underwrite insurance risks for various entities, including private, public, and non-profits.
  • Review submissions, financials, and key risk factors to determine appropriate coverage, pricing, and terms.
  • Work closely with brokers and clients to negotiate policy conditions and premiums.
  • Provide expert insight on complex risk exposures and coverage solutions.
  • Maintain a profitable underwriting portfolio in alignment with company objectives.
  • Analyze market trends and emerging risks to refine underwriting strategies.
  • Collaborate with internal teams, such as claims and risk management, to ensure sound policy handling.
  • Cultivate and strengthen broker and client relationships to drive business growth and retention.
  • Support junior underwriters by sharing expertise and best practices.
  • Ensure compliance with industry regulations and internal policies.


QUALIFICATIONS

  • Minimum of 8 years of experience underwriting Management Liability risks.
  • Proven success in handling complex accounts with a focus on profitability and risk management.
  • Bachelor's degree in Business, Insurance, Finance, or related field, or equivalent experience.
  • Professional designations (CPCU, RPLU, etc.) and relevant licenses (P&C, Surplus Lines) are a plus.
  • Strong knowledge of management liability insurance, corporate governance, and regulatory issues.
  • Excellent negotiation, communication, and relationship-building skills.
  • Strong analytical abilities and attention to detail.
  • Proficiency in underwriting software, Microsoft Office, and industry tools.
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