James River Management Company
Underwriter (Manufacturers & Contractors)
James River Management Company, Scottsdale, Arizona, us, 85261
Underwriter (Manufacturers & Contractors)
Scottsdale, AZ, USA * VirtualReq #186
Thursday, October 10, 2024
Come grow with James River Insurance!James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2023, 2022, and 2021 Top Workplaces USA awards.James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.Job SummaryThe Senior Underwriter is responsible for selecting, reviewing, modeling, analyzing and underwriting complex submissions within the context of applying the division's underwriting guidelines and standards. Determines the proper terms and conditions for acceptable risks including rating the account to develop the appropriate premium. Responds to brokers when particular risks do not meet underwriting guidelines and offers alternative options and cross sell other products. Provides assistance to other team members including the Division Manager in a variety of areas including referrals and identifying new opportunities.Duties and ResponsibilitiesContinuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer ServiceAnalyze new business opportunities and develop renewal strategiesAttain quote, premium and division goals as assignedDevelop and maintain strong relationships with brokersUse critical thinking and problem-solving skills to negotiate with brokers on placementsAssist the Underwriting Manager/Division Manager with training, mentoring, and on-boarding of new employees.Travel to meet with brokers within assigned territory at least three times per yearOther duties as assigned
Knowledge, Skills and AbilitiesAbility to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accountsAbility to effectively assess riskExcellent verbal and written communication skills
Ability to work independently or in a team environment to complete assignments
within the parameters of instructions given, prescribed processes and standard accepted underwriting practicesSolid knowledge of underwriting philosophy and techniquesProven problem solving and decision-making skillsStrong negotiation skillsAbility to multi-taskHigh level of initiative and motivationStrong work ethic with a drive to succeedSolid customer service and relationship building skillsProficiency in MS Office (Word, Excel, Outlook) and Internet researching
Associate UnderwriterBachelors Degree or a minimum of 3 years of relevant work experienceIndustry associated classes or courses preferred
UnderwriterBachelors Degree or equivalent work experienceMinimum of 2 years of related underwriting experience preferably in Excess and Surplus linesPreferably pursuing courses toward professional designations or continuing education.
Senior UnderwriterBachelor's degree or equivalent work experienceMinimum of 5 years underwriting experience, preferably in Excess and Surplus lines
Professional designation is preferred
#LI-JB1#LI-RemoteOther details
Job FamilyUnderwriting
Job Sub FamilyOperations
Pay TypeSalary
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Scottsdale, AZ, USA * VirtualReq #186
Thursday, October 10, 2024
Come grow with James River Insurance!James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2023, 2022, and 2021 Top Workplaces USA awards.James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.Job SummaryThe Senior Underwriter is responsible for selecting, reviewing, modeling, analyzing and underwriting complex submissions within the context of applying the division's underwriting guidelines and standards. Determines the proper terms and conditions for acceptable risks including rating the account to develop the appropriate premium. Responds to brokers when particular risks do not meet underwriting guidelines and offers alternative options and cross sell other products. Provides assistance to other team members including the Division Manager in a variety of areas including referrals and identifying new opportunities.Duties and ResponsibilitiesContinuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer ServiceAnalyze new business opportunities and develop renewal strategiesAttain quote, premium and division goals as assignedDevelop and maintain strong relationships with brokersUse critical thinking and problem-solving skills to negotiate with brokers on placementsAssist the Underwriting Manager/Division Manager with training, mentoring, and on-boarding of new employees.Travel to meet with brokers within assigned territory at least three times per yearOther duties as assigned
Knowledge, Skills and AbilitiesAbility to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accountsAbility to effectively assess riskExcellent verbal and written communication skills
Ability to work independently or in a team environment to complete assignments
within the parameters of instructions given, prescribed processes and standard accepted underwriting practicesSolid knowledge of underwriting philosophy and techniquesProven problem solving and decision-making skillsStrong negotiation skillsAbility to multi-taskHigh level of initiative and motivationStrong work ethic with a drive to succeedSolid customer service and relationship building skillsProficiency in MS Office (Word, Excel, Outlook) and Internet researching
Associate UnderwriterBachelors Degree or a minimum of 3 years of relevant work experienceIndustry associated classes or courses preferred
UnderwriterBachelors Degree or equivalent work experienceMinimum of 2 years of related underwriting experience preferably in Excess and Surplus linesPreferably pursuing courses toward professional designations or continuing education.
Senior UnderwriterBachelor's degree or equivalent work experienceMinimum of 5 years underwriting experience, preferably in Excess and Surplus lines
Professional designation is preferred
#LI-JB1#LI-RemoteOther details
Job FamilyUnderwriting
Job Sub FamilyOperations
Pay TypeSalary
Apply Now
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