Company Global Casualty (CGC) Domestic is looking for an applicant to fill the position of AVP, Underwriting in our Pacific South Branch.
Company Global Casualty is the largest operating division in Company Major Accounts; our focus is Fortune 1,000 companies with risk taking appetites.
We offer customized & complex primary loss sensitive programs tailored to our client’s business needs and operations.
The core lines of business include Workers Compensation, General Liability and Auto Liability.
Responsibilities
The Assistant Vice President, Underwriting will
• Handle day-to-day servicing for a book of large, complex, loss-sensitive accounts.
• Underwriting Fortune 100 companies with annual premium in excess of $1 million minimum.
• Be responsible for growth and retention of assigned book.
• Negotiate the annual pricing, terms and conditions on renewal business.
• Work on new business opportunities with key brokerage houses, design and propose appropriate program structures and pricing for said opportunities.
• Maintain and develop relationships with their brokers and clients.
• Develop a pipeline with our major trading partners, as well as engaging other business units for cross-selling opportunities.
• Engage with National Brokers
Qualifications
• Bachelor’s degree
• At least 6+ years underwriting experience including time spent in the primary casualty loss sensitive space
• Proficiency in Microsoft Office Suite
• Presentation and public speaking skills
• Strong negotiations skills
• Local broker and insurance marketplace relationships
• Knowledge and understanding of current insurance marketplace conditions
• Understanding and adherence to organizational and regulatory rules, and ability to adhere to underwriting authority
• Understanding of Workers Compensation, General Liability, and Auto Liability Insurance coverage, terms and conditions – included but not limited to ISO AL & GL and NCCI Workers Compensation coverage forms and endorsements.
• Understanding of large deductible programs and the credit and collateral implications of such programs
• Ability to identify risk exposures, special or common hazards, and appropriate controls.
Ability to select risk based on exposure and hazard analysis.
Ability to analyze claims and loss trends