Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work to together to find solutions. We have a passion culture - with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career.
The Jencap E&S Underwriter is responsible for the underwriting of a book of business, utilizing sound judgment and discretion as well as relying on underwriting policies and guidelines, rating, rules and insurance laws and regulations. Ensure delivery, follow-up and servicing requirements of all new business and renewal accounts.
The Underwriter can work in the NYC office or Remotely
Perform risk selection and analysis. Examine and evaluate documents such as application forms, inspections reports, financial reports, product brochures, company referral agreements, and other pertinent documents to determine the degree of risk, underwriting and market selection.
Day to day responsibility for reviewing customer web activity to spot trends positive and negative and addressing these trends immediately.
Accept, reject, classify, price and bind insurance risks within granted underwriting authority. Also broker/recommend to company underwriters beyond any authority grants. Prepare submissions for rating and handling by the support staff. Effectively market and negotiate with brokers and insurance companies on individual accounts. Effective and timely communication to pursue opportunities.
Effectively communicate with agent or broker clients, company underwriters, internal staff and management to obtain additional information, quote rates, present proposals, explain company underwriting policies and coverage offerings, as well as servicing existing accounts.
Address assigned workload within quality, productivity and service standards as established by the company/underwriting guidelines.
Establish a relationship with the principal and/or key contacts and ensure we are doing business with the "right people".
Assist marketing department, staff and other internal departments in resolving problems and questions. Assist in the development and implementation of new marketing strategies.
Appropriate and timely response to questions posed by brokers, clients, underwriters and other company personnel.
Visit brokers and/or company clients to enhance relationships and improve production opportunities up to and including attending trade conventions.
Secure company/agency production, retention, and growth goals.
College degree preferred, not required, Insurance/Risk Management degree a plus.
Preferably 3+ years in E&S insurance
Underwriting Binding, MGA, or Brokerage experience a plus
Carrier underwriting background a plus
Want the opportunity to build something new? Have your voice be heard, your skills properly applied, and to add tangible value to an organization? You're in the right place. Expand your knowledge and stretch your experience through new and emerging risks.
Jencap is dynamic, bold, tenacious and trusted in the industry. Here, you are not just one of the many, you are one of us.
We truly are better together.