Property Underwriter

Job title: Underwriter, Commercial Property

Location

Richmond, VA 23233 (Full-time in-office)

Company Overview:

Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.

We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.

Job Description:

• Underwriting and binding of new and renewal business, and overall management of assigned brokers, territory, and policies.
• Review small to mid-size complex risks to verify acceptability based on company underwriting appetite and your underwriting authority.
• Determine whether to accept, provide an option(s), or decline risks. Oversee, review, and approve endorsements.
• Direct loss control services on specific issues for better risk assessment
• Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
• Review and resolve premium audit inquiries and disputes.
• Communicate with brokers to develop opportunities, obtaining additional information when needed and to promote underwriting appetite for risk.
• Create, analyze, and interpret information from various reports.
• Develop positive working relationships with brokers, throughdaily interactions and travel to brokerage offices.
• Contribute to training, mentoring, and on-boarding of new or less experienced team members.
• Handle other duties as assigned.

Preferred Qualifications:

• Bachelor’s degree or equivalent combination of education and relative experience.
• 1+ year of commercial property insurance underwriting experience. E&S underwriting experience is a plus.
• Excellent analytical and organizational skills.
• Understanding and ability to effectively engage in the negotiation process.
• Detail oriented with a drive for success and the ability to collaborate effectively and work independently in a fast-paced environment.
• Advanced knowledge of computer programs, including Word, Excel, and Outlook.