Skip to content

Senior Underwriter - Builder's Risk

Location:

GA - Carrollton

Apply now Share Share Underwriter IV - Builder's Risk with Facebook Share Underwriter IV - Builder's Risk with LinkedIn Share Underwriter IV - Builder's Risk with Twitter Share Underwriter IV - Builder's Risk with a friend via e-mail
General Description: Assess large risks of a complex nature, develop, and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance products to clients. Generate profit in accordance with company goals.

Responsibilities: 
  • Underwrite and analyze builders risk policies.
  • Serve as a subject matter expert on available products and capabilities in the Builder's Risk space both externally and internally. 
  • Analyze submission information to ensure all needed documentation is provided and understood.  Identify additional information needs including probing complex risks characteristics and utilizing all available market intelligence and tools to customize risk placement strategies and protective safeguards where appropriate.
  • Develop and negotiate pricing, terms and coverage conditions to align with specific project needs that will facilitate the profitable growth of the builder’s risk program portfolio.
  •  Understand and analyze Catastrophe exposures for builder’s risk projects including RMS modeling results, AAL and PML phasing, to underwrite terms and conditions that align with all carrier guidelines.
  • Assess the risk to determine the appropriate price, coverage, and terms and conditions. Bring policy to completion with recommending and binding coverage, invoicing, and policy issuance. 
  • Identify the need, order, and evaluate additional risk assessment information.
  • Underwrite within defined broad limits and authority.  
  • Develop and maintain working relationships with agencies. Communicate effectively through broker negotiations to ensure new business flow and profitable production.  
  • Recommend amendments/enhancements to applicable program. Includes coverage, policy forms, premium rate plans and underwriting guidelines, loss control guidelines, and distribution. 
  • Collaborate with internal departments to execute agreed program strategy and identification of program opportunities. 
  • Engage in professional development. Includes relevant industry and organizational education and training. 
  • Provide training and coaching other underwriting team members as needed.
  • Requires travel for client relationship building, key client/carrier facing meetings, and educational development. 

Knowledge, Skills and Abilities:
5-7 years + underwriting experience
2+ years in the builders risk space, project sizes $75M+
Quota share risk placement via Subscription or Participation Policies is preferred
High school diploma or equivalent required.
Broad and deep knowledge of insurance industry market and appetite. 
Ability to establish product risk factors. Includes proper risk exposure and compliance with state departments of insurance.  
Ability to effectively identify insurance product needs in the marketplace. 
Ability to negotiate with strong mathematical skills. 
Strong written, verbal, and interpersonal communication skills.
Working knowledge of Microsoft Office suite of products.
Proficiency in utilizing company systems including underwriting, rate, quote and policy issuance systems. 
Strong organizational and analytical skills with attention to detail and accuracy.  
Ability to travel 20% of the time. 
#LICG3

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.


Job ID:

27090

Interested in hearing about other USI Career Opportunities?

Join Our Talent Network
EEO is The Law - click here for more information
Notice to 3rd Party Recruiters

Notice to Recruiters and Agencies regarding unsolicited resumes or candidate submissions without prior express written approval.
Resumes submitted or candidates referred to USI Insurance Services by any external recruiter or recruitment agency by any means (including but not limited to via Internet, e-mail, fax, U.S. mail and/or verbal communications) without a properly executed written contract for a specified position by an authorized member of the Talent Acquisition team become the property of USI Insurance Services. The Company will not be responsible for, or owe any fees associated with, referrals of those candidates and/or for submission of any information, including resumes, associated with individuals.

We endeavor to make this site accessible to any and all users. If you would like to contact us, please email recruiting@usi.com