Colony Specialty (a memeber of Argo Group) is seeking an XS Specialty Underwriter for our Irvine, CA location.
This new role will underwrite new business and renewals according to authority level and established guidelines, participate in special projects, and provide mentoring for less experienced staff.
∑ Review large and highly complex policies to verify acceptability based upon company underwriting guidelines and granted underwriting authority.
∑ Determine whether to accept, modify, or decline risks.
∑ Oversee and approve endorsements as indicated.
∑ Resolve premium audit disputes within assigned territory.
∑ Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
∑ Review state laws, including cancellation and non-renewal, within assigned territory to properly transact business within the state.
∑ Consult with general agents/brokers to obtain further information, quote rates, or explain underwriting guidelines.
∑ Create, analyze, and interpret data from various reports.
∑ Manage assigned underwriting territory, including management of agents and travel to agent offices.
∑ Mentor less experienced team members.
∑ Conduct educational sessions within the department.
∑ Other duties as assigned.
∑ Bachelorís degree or seven year to ten years related insurance experience and/or equivalent combination of education and experience.
∑ Eight to ten years underwriting experience with authority, preferably in excess and surplus lines.
∑ Demonstrates an understanding and ability to effectively engage in the negotiation process.
∑ Strong oral and written communication skills.
∑ Previous insurance educational work, IIA and CPCU designation strongly preferred.
∑ Detail oriented with initiative and the ability to work independently in a fast paced environment.
∑ Excellent analytical skills.
∑ Ability to travel.
∑ Advanced knowledge of computer programs, including Word, Excel, and Outlook.
|Argo Group, Colony Specialty, ARIS|
State or Province