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Examination & analyzing of submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk.
Key Accountabilities/Deliverables:
Execution of D&O business plans and objectives including:
Build Core Specialty’s reputation and presence in the product liability market
Provide prompt and accurate customer service on policy transactions
Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
Provide documented evidence of underwriting activities and decisions in files as required
Support Company and Department goals and objectives
Build Core Specialty’s relationships with our broker partners
In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business.
Technical Knowledge and Understanding:
Strong knowledge of Private D&O underwriting industry
Knowledge of Private D&O underwriting practices, coverage & pricing/rating methodologies
Strong knowledge of producer & competitor marketplace
Strong knowledge of targeted industries
Strong knowledge of insurance company operations
Solid understanding of policy wordings and clauses
Up-to-date knowledge of the insurance market environment
Experience:
Bachelor’s degree or equivalent relevant experience
Industry designation such as RPLU or similar is a plus
Ability to travel monthly within the region to meet assigned brokers in the region
5 Plus years’ experience in D&O Underwriting
The expected pay range for the role is $125,000 - $175,000. The specific offer will depend on an applicant’s skills, experiences, and exam progress. The disclosed pay range estimate may also be adjusted for the applicable geographic differential for the location in which the position is filled.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
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