Associate Underwriter

 Posted 2 hours ago
     
 $100K - $102K per year
  
0-2 years experience
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AI Summary

The role is responsible for underwriting profitable Commercial Lines business and managing complex risks within delegated authority. It involves developing agency plans, monitoring loss trends, and coordinating with producers and clients to increase new business.

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Responsible for underwriting profitable Commercial Lines business within assigned territory in accordance with Corporate goals.

Essential Functions:

  • Selects and underwrites complex Commercial Lines risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.
  • Monitors underwriting results and premium and loss trends within assigned book of business.
  • Develops and executes formal written agency plans with all assigned agents in territory.
  • Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business.
  • Coordinates with inter-company departments as well as producers, insureds and Marketing Representatives to ensure appropriate high level account management standards are maintained.
  • Enhances technical expertise in the area of Commercial Lines underwriting including assisting in Underwriting Manager in the training and development of Department staff.

Education and Experience Required: 

Diploma/Degree & Experience

  • Bachelor's degree required
  • 1-2 years of related casualty underwriting background required.
  • Existing producer relationships preferred.
  • Must have demonstrated negotiation and production skills.
  • Excellent verbal and written communication skills

Salary: The base pay range is $100,000.00 - 102,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  


It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.

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