Description

JOB DESCRIPTION

We are seeking a highly motivated and results-oriented Financial Institutions Senior Underwriter to join our team. This role involves managing a renewal book and generating new business, with a focus on underwriting Financial Institutions business for Package, Worker's Compensation, Auto, General Liability, Umbrella, and International programs. The position will be based in our Walnut Creek branch.

The position will be responsible for developing and implementing a business plan to grow the Financial Institutions book through prospect identification and pipeline development, new business production and account management with defined set of agents within Northern California and the Pacific Northwest.

The Financial Institutions Senior Underwriter will have accountability for the financial performance of the book of business, achieving growth for the branch, region and territory. They will identify opportunities for growth within new and existing production sources, identify cross sell opportunities, conduct agency planning/goal setting including monitoring of progress and make regular broker and insured visits.

Position Responsibilities:

• Oversee the financial performance of a portfolio, focusing on profit, rate, retention, and growth. Target new business production of $1.3m to $1.7m and manage a renewal portfolio effectively.
• Develop and negotiate pricing, coverage, terms, and conditions for all new business and renewals. Implement effective and profitable pricing strategies while adhering to underwriting guidelines.
• Establish and maintain superior relationships with key trading partners, agents, brokers, and clients. Conduct regular broker and insured visits to drive submission activity and market penetration.
• Develop and implement a business plan to grow the Financial Institutions book through prospect identification, pipeline development, and strategic market penetration. Identify cross-sell opportunities and conduct agency planning and goal setting.
• Work effectively with Underwriting Associates, Risk Consulting, and Claims service teams to retain key renewals and enhance service delivery.
• Collect and share industry intelligence, including trends and developments, to inform strategic decisions and maintain a competitive advantage.
  

Requisition #: 27051

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