Underwriter - Underwriting Specialist (M & C)
Company: James River Management Company
Location: Richmond
Posted on: November 17, 2023
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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
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