Program Underwriter

SterlingRisk
Woodbury, NY Full Time
POSTED ON 3/7/2024 CLOSED ON 3/8/2024

What are the responsibilities and job description for the Program Underwriter position at SterlingRisk?

Must have current insurance experience and hold a P&C license.

Job Summary:

  • Exercise independent judgment and discretion when managing the integrity and profitability of the Insurance Program.

Essential Functions:

  • Perform underwriting of all new and renewal program business.
  • Maintain and strengthen current program carrier relationships.
  • Monitor and evaluate programs for profitability
    • Loss monitoring
    • Rate monitoring

Duties and Responsibilities:

Other duties may be assigned as required by business needs.

  • Work with incumbent carrier and new potential carriers in negotiating and analyzing coverage terms, conditions and rates to successfully renew program.
  • Assume ownership of gathering program data, loss information, and exposure data and prepare submission.
  • Gather program Intelligence-when non-renewing or not binding new business quote. Maintain spreadsheet of same.

Education and/or Experience:

  • College Graduate
  • Property & Casualty license
  • At least 3 years of program underwriting experience

Knowledge, Skills and Abilities:

  • In-depth knowledge and understanding of insurance policy language and intent.
  • Excellent interpersonal and communication skills.
  • Ability to operate under pressure.
  • Strong attention to detail.
  • Strong organizational skills.
  • Results driven.

Working Conditions and Physical Effort:

  • Work is normally performed in a typical interior/office work environment
  • High Stress, fast-paced environment with a high volume of work to be completed daily
  • Limited physical effort required
  • Limited exposure to physical risk

Supervisory Responsibility:

  • Not applicable

Salary:

The estimated base salary range for this full-time position is $70,000 – $90,000 annually, plus benefits, and can vary based on location.

Apply Today to join a leading insurance broker with a history of over 90 years and is part of a nationally ranked top 15 insurance brokerage.

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