Underwriter - Underwriting Specialist (M & C)

Company: James River Management Company
Location: Richmond
Posted on: November 17, 2023

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 2023, 2022, and 2021 Top Workplaces USA awards. Job Summary The Underwriter in Manufacturers and Contractors Department will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards calculate appropriate premium and determine proper terms for acceptable risks and respond to brokers when risks do not meet underwriting guidelines. Underwriters are also responsible for developing and maintaining profitable business relationships with brokers. 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 * Travel to meet with brokers within assigned territory at least three times per year * Other duties as assigned Knowledge, 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 researching Experience and Education Underwriter * Bachelors Degree or equivalent work experience * Minimum of 2 years of related underwriting experience preferably in Excess and Surplus lines * Preferably pursuing courses toward professional designations or continuing education. Senior Underwriter * Bachelor's degree or equivalent work experience * Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines * Professional designation is preferred Underwriting Specialist * 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge * Bachelor's Degree or equivalent work experience * Specific experience in marketing and underwriting of the division related products * Professional designation is preferred #JB-L1 #JB-Remote

Keywords: James River Management Company, Richmond , Underwriter - Underwriting Specialist (M & C), Other , Richmond, Virginia