Role Description
We are looking for an experienced Senior Underwriter for our primary casualty lines. Successful candidates must be able to produce and manage a profitable book of business through the development of relationships with brokers and customers. You will use our proprietary software to help you achieve results and share your industry expertise with other underwriters on your team.
-
Select, price, quote and review new & renewal business in accordance with company underwriting guidelines and experienced underwriting judgment.
-
Independently work with assigned distribution channel to appropriately select risks, evaluate and recommend program structure, services and pricing to achieve a balanced portfolio and long-term profitability.
-
Establish and maintain strong business relationships to develop new opportunities as well as visit brokers/producers to retain existing accounts in support of the producer and territory management plan.
-
Be well versed in underwriting General Liability, Business Auto and Excess Liability for contractors and real estate risks.
-
Independently review underwriting information to assess risk quality and compliance within company guidelines.
-
Evaluate reinsurance requirements and implement appropriate action.
-
Lead the development and coaching of the underwriting team, sharing knowledge of industry-specific specialty with underwriters of all levels and being seen as a technical underwriting resource.
-
Communicate and collaborate across disciplines to establish and maintain relationships to achieve organizational and policyholder success.
-
Actively continue to improve personal knowledge and practices of the insurance industry through work experience, in-house instruction, insurance-specific designations (e.g. CPCU), industry courses, home office seminars and workshops, etc.
Qualifications
-
Minimum 5 years of current underwriting insurance experience
-
Bachelorβs degree highly preferred
-
Excellent communication skills, both verbal and written
-
Ability to apply underwriting/appetite, tools, systems, and resources to achieve goals, solve complex problems
-
Able to quickly establish and build healthy working relationships, excels in mentoring relationships
-
Drives for results and takes initiative to help support the team
-
Ability to quickly learn and work in various technical platforms
-
CPCU or professional insurance designation strongly preferred
-
Professional, analytical, and adaptable attitude
-
Ability to organize, self-prioritize, and be a self-starter in a fast-paced environment with demanding internal and external deadlines
Benefits
-
Full Suite of Medical Benefits
-
Long Term Financial Incentives β STOCK!
-
401k with 3.5% Automatic Fully Vested Employer Contributions
-
Competitive PTO + Holiday Program
-
Lifestyle Spending Allowance
-
Professional Development Assistance
-
Career Exploration Opportunities
-
Regular company-wide social events (even virtually!)
Company Description
At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for. We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively.