The Excess Liability Division specializes in offering large limits of liability to protect its clients' corporate assets from catastrophic loss.
The Division offers significant capacity of both Lead Umbrella and Excess Liability placements. This protection is made available to companies varying in size from single location light hazard risks to a wide variety of more difficult to place manufacturers and processors.
Our Excess Liability Division is looking for an experienced Production Underwriter to join their team in Dallas, TX.
Essential Job Functions and Responsibilities:
Has responsibility for risk selection/rejection, pricing, retention, growth, and profitability per divisional objectives.
Uses independent judgment and initiative to support business goals.
Maintains a high level of customer service.
Analyzes coverage and limit requests and decides what terms to offer.
Prices business in accordance with company guidelines.
Assesses risk quality and compliance within company guidelines and initiates appropriate loss prevention actions.
Orders and screens miscellaneous reports needed in the rating and underwriting processes, such as Motor Vehicle reports, loss history reports, credit checks, outside inspections, loss control, etc.
Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
Visits agents, brokers, and producers in order to retain existing accounts, build and maintain business relationships, and develop new opportunities in support of divisional objectives.
Interprets, explains, and markets products and services.
Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
May provide guidance and assistance to lower level associates.
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.
Performs other duties as assigned.
Job Requirements
Education: Bachelor's Degree or equivalent experience.
Field of Study: Liberal Arts, Business or a related discipline.
Generally, 6 or more years of related experience. Progression toward certification in area of expertise preferred; appropriate certifications could include Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM).
Experience underwriting excess lines of business preferred.