Senior Underwriter Job at WTW
The Role:
- Exhibits strong technical underwriting skills through strategic, thorough account reviews and file documentation
- Grows and maintains profitable book of business through execution of individual risk underwriting and adherence to the strategic plan of the unit
- Stays current on competition, underwriting environment, and market conditions and share that knowledge with colleagues and leadership
- Develops and executes marketing plan aimed at retaining existing business and producing new opportunities
- Travels to and completes marketing/sales meetings in assigned territories within the southeast region
- Exhibits good understanding of pricing components and rating methodology; prices risk based on financial and competitive analysis
- Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory
- Monitors production, profitability and maintains agency relationships
- Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained
- Ensures underwriting and service standards are met on assigned accounts
- Reviews profitability of each account on a quarterly basis in a strong, auditable condition
The Requirements:
- Minimum of 3-7 years of experience
- Proven underwriting track record
- Strong retail broker relationships
- Knowledgeable of the financial institutions, real estate, hospitality, construction, professional services, leisure, retail and distribution industries
- Experience underwriting Property, General Liability, Workers’ Compensation, Commercial Automobile, and Excess Casualty
- Ability to multi-task and prioritize workflows efficiently
- Professional demeanor in language, writing, and presentation skills
- Experience with Microsoft Office
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements for various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role base on several factors, including but not limited to location of the role, individual qualifications, education/profession certifications, experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary being offered for this role is $250,000 - $400,000. The role is also eligible for a Short-Term incentive plan.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identity Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required) Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave
Retirement Benefits: Contributory pension and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans
EEO, including disability/vets
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