[Hiring] Excess & Surplus – Property Underwriter for Contract Binding @Cincinnati Financial

Role Description

CSU Producer Resources Inc. seeks an experienced Excess and Surplus Lines property underwriter for its contract binding division. This role will work closely with underwriting, agents/producers, actuarial and loss control to maximize the profitable growth potential in this space. If the candidate is not located in proximity to our Headquarters in Fairfield, OH, this role would be a remote position.

Starting pay: The pay range for this position is $75,000 - $125,000 annually. Pay is based on the applicant’s education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

• Underwrite, price and negotiate individual excess and surplus commercial property risks to determine risk acceptability, pricing, coverages, terms and conditions within company guidelines.
• Analyze loss control reports, loss experience and other underwriting tools and resources to make informed individual risk selections.
• Develop and maintain new and existing relationships with producers and agencies.
• Work with internal department staff on the development, refresh and/or maintenance of property line coverage forms, rating methodology and underwriting guidelines.
• Monitor product results to develop ideas and marketing plans to increase productivity and profitability.
• Maintain high service standards and conduct marketing visits in conjunction with underwriters and admitted lines counterparts.
• Work collaboratively and independently with a high level of authority and judgment.
• Collaborate with relevant underwriting teams to ensure proper placement of risks and communication on market and agency trends.
• Evaluate competitive intelligence and emerging trends to proactively recommend product property product solutions.
• Drive select product initiatives from concept through implementation, with increasing ownership over time.
• Monitor production results, rate adequacy and profitability of property book.

Qualifications

• Proficiency in Microsoft® Word, Excel, PowerPoint and Outlook.
• Strong organizational skills.
• Developed verbal and written communication skills.
• A strategic thinking mindset with a professional business acumen.

Requirements

• Five or more years of commercial lines property underwriting experience with an emphasis on higher hazard or unique commercial property risks.
• A bachelor’s degree (or commensurate work experience).
• Previous experience underwriting coastal CAT property (preferred).
• Experience with individual risk selection, pricing and portfolio management.
• An ASLI or CPCU designation (preferred).

Benefits

• Variety of benefits and amenities to increase the well-being and satisfaction of our associates.