We are seeking a Property Underwriter to join our brokerage team. You will evaluate, analyze, and place property risks with our panel of insurance carriers. Unlike carrier-side underwriters, your focus will be on finding creative risk solutions for our clients while maintaining profitable carrier relationships.
Key Responsibilities
- Analyze Risk: Evaluate property exposures, construction types, occupancies, and protection classes.
- Negotiate Terms: Liaise with insurance carriers to secure competitive pricing, deductibles, and coverage terms.
- Review Underwriting: Inspect property surveys, loss histories, and financial statements to assess risk quality.
- Manage Relationships: Maintain robust connections with both internal account executives and external carrier underwriters.
- Ensure Compliance: Verify that all bindings and policies adhere to carrier guidelines and regulatory standards.
- Monitor Portfolios: Track book performance,
loss ratios, and renewal retention rates.
Required Qualifications
- Experience: Minimum [5–8] years of property underwriting experience, preferably within a brokerage environment.
- Education: Bachelor’s degree in Finance, Risk Management, Business, or a related field.
- Certifications: BQP
Software Skills: Advance Excel
Key Skills
- Analytical Thinking: Ability to interpret complex property data and loss models.
- Negotiation: Proven track record of successfully negotiating coverage limits and pricing.
- Communication: Clear verbal and written skills for explaining complex risks to non-technical stakeholders.
- Time Management: Efficiency in handling high volumes of renewals and new business submissions simultaneously.