01Overview
About the position
This position is responsible for the submission generation, underwriting and policy issuance of Cyber & Technology Liability accounts with potential to work on Miscellaneous Professional Accounts as well. This will be a hybrid position (3 days onsite) in Dallas, TX. Position offered (Senior Underwriter or Underwriting Specialist) will be dependent upon the individual candidates qualifications.
Responsibilities
Build strong long term profitable relationships with agents, brokers and policy holders.
Evaluate applications and related materials to determine acceptability of risks in accordance with company guidelines and standards.
Determine the need for additional evidence of insurability.
Participate in underwriting calls with clients and brokers to assess clients cybersecurity controls.
Prepare quotes and answer questions from brokers, policyholders or other external contacts and escalate issues to management along with proposed solutions as necessary.
Provide acceptable level of underwriting documentation for all assigned accounts.
Be able to articulate underwriting positions and most importantly, reasons for such positions internally and externally.
Provide monthly forecasts for new and renewal business and regular reconciliations to such forecasts.
Monitor new business flow, quote ratio and hit ratio from each target agency to monitor variances to plan.
Develop strategies to correct variances with each agency.
Requirements
BA or BS, ideally with a degree/major in Risk Management & Insurance, Cyber Security, Economics, Business, Finance, or Accounting
3-7 years of professional lines underwriting experience (Cyber preferred)
Nice-to-haves
Strong relationships with wholesale and/or retail Cyber brokers
Strong interpersonal and communication skills and the ability to work with management at a senior level
Knowledge of broader MPL classes of business is desirable
Highly motivated with the ability to work independently or as part of a team
Independent and innovative thinker with creative problem-solving skills & strategic thinking
Strong analytical skills/judgement and mathematical skills
Effective negotiation skills
Benefits
Multiple medical plans plus dental, vision and prescription drug coverage
Competitive 401k with generous matching
PTO beginning at 20 days per year
Up to 12 paid company holidays per year
2 paid days of Volunteer Time Offer
Basic Life and AD&D Insurance
Short and Long-Term Disability
Paid Parental Leave of up to 10 weeks
Student Loan Assistance
Tuition Reimbursement
Backup Child and Elder Care
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