Underwriter / Senior Underwriter, Contract Binding

Company: James River Insurance Company
Location: Roseland
Posted on: May 16, 2022

Job Description:

Job Description Come grow with James River Insurance! James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs. At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2022 and 2021 Top Workplaces USA awards.Job SummaryJames River Insurance is hiring an Underwriter for their Contract Binding team and will consider hiring at the Underwriter to Senior Underwriter levels. The successful candidate will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculating appropriate premium, determining proper terms for acceptable risks, and responding to clients when risks do not meet underwriting guidelines. The candidate will also be responsible for developing and maintaining profitable business relationships with clients. Duties and Responsibilities• Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service• Analyze new business opportunities and develop renewal strategies• Attain quote, premium and division goals as assigned• Develop and maintain strong relationships with brokers• Use critical thinking and problem-solving skills to negotiate with brokers on placements• Assist underwriting leadership with training, mentoring and on-boarding of new employees (Senior Underwriter Only)• Travel to meet with brokers within assigned territory at least three times per year• Other duties as assignedKnowledge, Skills and Abilities• Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts• Ability to effectively assess risk• Excellent verbal and written communication skills• Ability to work independently or in a team environment to complete assignments within the parameters of instructions given,prescribed processes and standard accepted underwriting practices• Solid knowledge of underwriting philosophy and techniques• Proven problem solving and decision-making skills• Strong negotiation skills• Ability to multi-task• High level of initiative and motivation• Strong work ethic with a drive to succeed• Solid customer service and relationship building skills• Proficiency in MS Office (Word, Excel, Outlook) and Internet researchingExperience and EducationUnderwriter• Bachelor's Degree or equivalent work experience• Minimum of 2 years underwriting experience, Excess and Surplus lines preferred• Pursuing courses toward professional designations or continuing education is preferredSenior Underwriter• Bachelor's Degree or equivalent work experience• Minimum of 5 years underwriting experience, Excess and Surplus lines preferred• Professional designation is preferred#LI-NC1

Keywords: James River Insurance Company, New York , Underwriter / Senior Underwriter, Contract Binding, Other , Roseland, New York