Job Location : Birmingham,AL, USA
The incumbent will underwrite accurately and efficiently profitable books of business that also meet annual premium goals. They will work to cultivate a $18-30+M book of profitable business, collaborate with SVPs on underwriting matters, and sign off on referrals within applicable authority level.
Prioritize underwriting profitable book of business while meeting plan goals
Cultivate and foster broker relationships
Proactively expand and maintain awareness of the insurance market, generally, and the LOB market, specifically
Perform within set timeframes to ensure appropriate response time and customer service for broker partners
Draft quotes and binders
Work with Assistant Underwriters to conduct post-binding account changes/ transactions review
Policy issuance and endorsement issuance within required timeframe
Maintain accurate and timely status of accounts within all systems throughout the underwriting life cycle of the account
Pursue professional development and training for development of product knowledge, skills for the role and any personal goals.
Responsible for effective operation of internal controls and timely closure of Internal Audit and other actions
Undertake general office administrative duties as and when required
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.
Technical Knowledge and Understanding:
Strong computer skills – good working knowledge of MS Office, Excel
Experience:
Bachelor's degree (preferably with a Risk Management & Insurance Major)
1+ years prior insurance experience. Preferred experience in property industry
Experience working with support services, including IT, claims, actuarial and operations
Achieved or working towards an industry designation such as CPCU, CRM, ARM, AU, CI
Ability to negotiate and be persuasive
Ability to simplify, analyze and explain complex issues
Ability to review processes and determine opportunities for improvement
Ability to work at both an overview and detailed level
Ability to manage time and projects effectively
Ability to travel (25%)
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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
Core Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. Core Specialty is an insurance holding company operating through StarStone Specialty Insurance Company, a U.S. excess and surplus lines insurer, and StarStone National Insurance Company, a U.S. admitted markets insurer. The Company is rated A- (Excellent) by AM Best. For further information about Core Specialty, please visit www.corespecialtyinsurance.com .
In compliance with the Transparency in Coverage rule, issued in 2020 by US Departments of Health, Human Services, Labor and Treasury our health plan's machine-readable files (MRFs) can be accessed via www.Cigna.com .
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