Senior Underwriter Executive Underwriter (Remote)

Senior Underwriter Executive Underwriter | James River Group Holdings, Ltd. | Worldwide

Come grow with James River Insurance!

James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.

At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2023, 2022, and 2021 Top Workplaces USA awards.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company’s regulated insurance subsidiaries are rated “A-” (Excellent) by A.M. Best Company.

Senior Underwriter – Executive Underwriter

Job Summary

The Senior Underwriter is responsible for selecting, reviewing, modeling, analyzing and underwriting complex submissions within the context of applying the division’s underwriting guidelines and standards. Determines the proper terms and conditions for acceptable risks including rating the account to develop the appropriate premium. Responds to brokers when risks do not meet underwriting guidelines and offers alternative options and cross sell other products. Aids other team members including the Division Manager in a variety of areas including referrals and identifying new opportunities.

Duties and Responsibilities

• Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
• Analyze new business opportunities and develop renewal strategies.
• Attain quote, premium and division goals as assigned.
• Develop and maintain strong relationships with brokers.
• Use critical thinking and problem-solving skills to negotiate with brokers on placements.
• Assist the Underwriting Manager/Division Manager with training, mentoring, and on-boarding of new employees.
• Travel to meet with brokers within assigned territory at least three times per year.
• Other duties as assigned.

Knowledge, Skills, and Abilities

• Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts.
• Ability to effectively assess risk.
• Excellent verbal and written communication skills
• Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices.
• Solid knowledge of underwriting philosophy and techniques
• Proven problem solving and decision-making skills.
• Strong negotiation skills
• Ability to multi-task
• High level of initiative and motivation
• Strong work ethic with a drive to succeed.
• Solid customer service and relationship building skills.
• Proficiency in MS Office (Word, Excel, Outlook) and Internet researching

Senior Underwriter

Experience and Education

• Bachelor’s degree or equivalent work experience
• Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines.
• Professional designation is preferred.

Underwriting Specialist

Experience and Education:

• 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge
• Bachelor’s Degree or equivalent work experience
• Specific experience in marketing and underwriting of the division related products.
• Professional designation is preferred.

Executive Underwriter

Experience and Education:

• 20+ years industry experience, 15+ years in Excess and Surplus lines with specialized coverage and product knowledge
• Bachelor’s Degree or equivalent work experience
• Specific experience in marketing and underwriting of the division related products.
• Professional designation is preferred.

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Tagged as: remote, remote job, virtual, Virtual Job, virtual position, Work at Home, work from home