What are the responsibilities and job description for the Underwriter position at ProSight?
Underwriter
LOCATION
New York City, NY
COMPANY
ProSight is looking for talented and driven candidates who combine strategic thinking, creativity, and pragmatic execution to drive business results.
JOB SUMMARY
ProSight’s business model drives our competitive advantage through superior understanding of the customer and expert underwriting execution. The Underwriter within our Management Liability segment will underwrite Financial Institutions and Public Company insurance. The candidate will also be responsible for building and maintaining effective relationships with our select distribution partners. Finally, as with all ProSight employees, they will be responsible for helping generate and execute true differentiated coverage and services for their program.
RESPONSIBILITIES
- Account level evaluation, application of terms and price selection
- Underwrites within established program guidelines and or underwriting authority
- Works with Home Office Underwriting and distribution to define program parameters
- Sells the product/program advantages of ProSight in such a way as to differentiate ProSight from its competitors
- Manages assigned books or Programs so as to build sustainable long-term relationships
- Drives product/service/selection/pricing innovation for assigned book or Program
- Works with actuarial to monitor and identify trends within the portfolio and how to modify our approach and mitigate exposure.
- Recognized and ultimately rewarded for building a growing portfolio that is profitable and sustainable over the long term
QUALIFICATIONS
- 2-5 years of experience as a financial institution underwriter is preferred – proficient in all lines of coverage, including D&O, EPL, Fiduciary, Fidelity, and professional liability
- Bachelor’s Degree preferred in business or a related field
- Strong knowledge of the Microsoft Suite with specific emphasis on Excel
