Underwriter Lead - Real Estate Insurance

SUMMARY

Responsible for reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Retail Producers and Account Managers as needed. Markets to carrier to obtain quotes, negotiate pricing, define coverage's, and determine commissions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

* Evaluates new and renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth;

* Manages preparation of program renewal specifications and distribution to markets;

* Participates in all appropriate committees as recognized in managed programs;

* Works with program's insurance/reinsurance markets to formalize and implement annual business plan;

* Manages renewal expiration lists and creates timelines for renewals;

* Reviews policies and endorsements to identify errors or omissions to ensure agreement with binding order; reviews for discrepancies with application, quote, proposal, and/or binder;

* Orders necessary reports such as credit, location, motor vehicle, and/or inspection reports, as well as building cost estimates;

* Analyzes inspection reports to accept or reject new business;

* Coordinates the preparation of policy delivery with all related documents;

* Issues policies and endorsements; binds coverage and coordinates binders/evidences;

* Technical expert assisting management, staff, producers, carriers and account managers with resolving complex issues;

* Coordinates the preparation and distribution of management reports;

* Maintains and manages coverage bordereaux;

* Manages and delegates work to underwriters, assistant underwriters and administrative staff; monitors to ensure timely and accurate completion;

* Maintains updated logs; submissions, written or lost business;

* Maintains files, historical data and client suspense; conducts follow-ups as appropriate;

* Coordinates underwriting audits;

* Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);

* Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor's degree or equivalent combination of education and experience

Eight (8) or more years related work experience; knowledge of insurance industry and prior supervisory experience preferred

Requires a valid insurance license; must continue to meet requirements for license renewal

Requires a valid driver's license

SKILLS

Excellent verbal and written communication skills

Good customer service skills, including telephone and listening skills

Good problem solving and time management skills

Ability to work within a team and to foster teamwork

Excellent planning, organizational and prioritization skills

Ability to perform complex mathematical functions

Proficient in Microsoft Office products

#LI-PT1

• New York, NY, USA