Futuristic Underwriters is an MGA that was launched to deliver innovative P&C insurance products to the marketplace. We are an affiliate of a financially sound and well-established organization that provides robust services and support. Our strategy is to leverage technology as a tool to optimize distribution, underwriting, service, and claims handling.
We have recently launched our Excess Casualty Program and are looking for top talent to join us in building this new product, by harnessing the power of innovative approaches. We offer the opportunity to be on the ground floor of building a book of business with the innovation and flexibility of a Wholesale Market, supported by the resources of an established carrier - including insurance companies, operational support teams, claims, actuarial services, and more. We offer the following: • Ground-floor participation in building a book of business, defining a dynamic culture, establishing our underwriting style, and influencing new capability prioritization. • Competitive salary and incentive structure. • Full benefits package including medical, dental, vision, disability, and life coverage. • 401(k) with up to 4% match after 90 days of employment.
The Position
This position will support Wholesale brokers with placing Follow Form Excess Liability insurance coverage. Candidates will evaluate and analyze risks for acceptability based on underwriting guidelines and individual risk characteristics. Candidates will have extensive experience in their area of expertise and will have a strategic plan for building a book of business.This position will report to the Excess Underwriting Manager and be based in our Westlake, TX office or remote for qualified candidates. This position will have responsibility for:
Building and maintaining strong collaborative relationships with agents/brokers
Managing a profitable book of Excess Liability business including review of new business, renewal business, and mid-term endorsements
Executing on deliverables for quoting/binding business based on Service Level Commitments
Operating within a defined authority statement
Exercising sound underwriting judgement as it relates to pricing, terms & conditions, applications, underlying schedules, etc.
Working independently with limited support and sporadically referring business to Manager or SVP of underwriting
Mentoring/developing junior level underwriters
Other duties as assigned
Requirements
Minimum 4-7 years insurance underwriting experience in retail, wholesale, and/or insurance company space.
General Liability and Excess Liability experience
Bachelor's degree and/or relevant industry designations/industry experience preferred