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  • Commercial Lines Underwriter

    Burns & Wilcox 4.6company rating

    Underwriter job in New York, NY

    When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance industry. Interested? Join our team! Responsibilities Build, maintain, and grow a book of business Manage agency relationships and serve as lead client contact Create and execute marketing plan to increase new and renewal business Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio Lead, train, and develop Assistant and Associate Underwriters Qualifications Bachelor's degree or equivalent combination of education and experience Minimum 3 years of commercial lines underwriting experience required, excess & surplus experience preferred Demonstrated proficiency in sales and marketing Proven organization skills and ability with a strong attention to detail Interest in continued education and professional development Insurance license, CPCU, CIC or comparable designations preferred Compensation Package Base compensation for position ranges between $105,000 to $130,000 based on qualifications Flexible, hybrid & remote options Health benefits & 401K with employer match Employer paid continuing education courses and designations Many opportunities for career advancement About our Company Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector. Equal Opportunity Employer The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
    $105k-130k yearly 5d ago
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  • FM Affiliated Production Underwriter (I, II, III, SR.)

    FM 3.9company rating

    Underwriter job in New York, NY

    FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles. This exciting opportunity is with FM Affiliated, our “best-in-class” middle market property insurer. FM Affiliated is exploring new ways to expand and tailor coverage to meet our brokers' and client's ever-evolving business challenges. Drawing on the full strength of the FM Group, we help our clients choose how to best identify, prioritize and reduce future loss in a way that makes practical and affordable sense. We distribute our property insurance products and engineering solutions exclusively through a network of brokers. We value long-term relationships that provide the realization of greater value by deploying the skills of our highly trained Account Engineers and Production Underwriters. We are open to considering candidates with a variety of experience levels for this role. Both mid-level and senior-level candidates are encouraged to apply. In addition, the role works closely with Account Engineers to review renewal and new business opportunities to ensure proper risk identification, selection and assessment in order to ensure the development and growth of a profitable portfolio of business. FM Affiliated Production Underwriters primary relationships are with brokers and reinsurers for insurance related issues. Responsibilities include meeting specific profit, retention, and production goals. Business relationships and a network of contacts must be established and an effective program of calls must be executed to meet an average of 10 external calls a month to ensure high visibility. Travel is required for marketing and training including out of state travel. New risks must be pre-qualified based on acceptability today and its future potential, this includes a thorough analysis of the broker submission, desired pricing, terms and conditions, financial condition, adequacy of reported values, and loss experience. The company's assets must be protected by adhering to company underwriting standards and procedures, this will include determining the amount subject, net capacity commitment, checking cross liability, management of catastrophe aggregate retentions, negotiating and purchasing reinsurance and establishing commissions in a manner most advantageous to the company. This position requires someone with a bachelor's degree or equivalent. 2-5 Years industry experience (broker/insurance company) as Underwriter for commercial property accounts of varying occupancies and sizes. Candidate must also have experience dealing with a variety of occupancies as well as current engineering and underwriting issues such as current property coverages and forms, and/or quickly learn and keep updated on industry state of the art. Additionally, this person will be proficient in and have excellent organizational, time management, problem solving, decision making, interpersonal and selling skills and a working knowledge of MS Office products. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.
    $52k-105k yearly est. Auto-Apply 2d ago
  • Underwriter, New York City

    Jimcor Agency 3.3company rating

    Underwriter job in New York, NY

    This position is focused on generating opportunities, client relationships and brokerage placements of their area of coverage specialty. Creates relationships with existing and new brokerage carriers, to negotiate terms and pricing with a high sense of urgency. Interacts with Companies and Brokers via telephone, e-mail, in-person visits, networking and regular mail. Essential Duties and Responsibilities: Develop client relationships to generate submission opportunities and a regular flow of business. Review submission documents received to prepare additional information including; loss pics/summaries, loss stratifications, risk summaries, narratives, online research and requesting additional information needed from the client. Select and market the risk, by line of coverage, to markets to negotiate terms & pricing. Provide comparisons and illustrations to compare options and support client presentation process. Utilizes knowledge of automated systems to develop information for new or renewal policies. Prepares quotations for agents and answers inquiries from agents, policyholder, or prospects. Reviews requests for cancellation, endorsements, etc. Reviews policies for renewal consideration and remarketing. Request additional documentation necessary for the processing of an application, endorsement or cancellation. Conduct marketing visits to agents and attend industry events. Work with support associates, assistants and central processing to assure work is completed in a timely manor and with accuracy. This may include mentorship and guidance of the team member working with you on risks. Performs other duties as assigned. Qualifications/Requirements: Must have Producer's License. 3 plus years of insurance experience. Prior exposure to insurance brokerage type activities. Basic familiarity with computers. Good oral and written communications skills. Strong analytical skills and the ability to pay attention to details. A high sense of urgency. Resourceful and controlled assertive behavior characteristics. Must have demonstrated negotiation & sales skills. Technical knowledge of insurance coverage forms and their application to exposure. Knowledge of departmental regulations and policies. Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices. Strong interpersonal skills working with Staff and Company Underwriters Experience in standard underwriting practices and procedures. Associated classes or courses and/or industry license, or designation. We offer a total compensation package which includes salary (range 65k-85k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More. Visit Us On LinkedIn: ************************************************* View All Openings: ************************************ Website: **************
    $86k-128k yearly est. Auto-Apply 60d+ ago
  • Tax Underwriter

    CFC 4.3company rating

    Underwriter job in New York, NY

    Department Transaction Liability Employment Type Permanent - Full Time Location US - New York Workplace type Hybrid Compensation $140,000 - $180,000 / year Reporting To Courtney Alonzo About the role About you About CFC CFC is a specialist insurance provider, pioneering emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today's most critical business risk. Headquartered in London with offices in New York, Melbourne, Sydney, Austin, Madrid, Brussels and Brisbane, CFC has over 1100 staff and is trusted by more than 100,000 businesses across 90 countries. At CFC, insurance isn't just about underwriting. From data science to software development, and digital marketing design, we've got something for everyone. We're passionate about pushing boundaries, thinking differently and building the insurance company of the future. CFC is committed to the principles of equal opportunities and creating an environment in which all individuals are always treated with dignity and respect. We encourage a diverse corporate culture of openness and appreciation to create an environment in which your talent can be developed in the best possible way. Should you require any reasonable adjustments at any stage of the recruitment process please let us know.
    $140k-180k yearly 23d ago
  • Underwriter-NJ

    Greater New York Mutual Insurance Company 4.3company rating

    Underwriter job in Edison, NJ

    Predominantly remote position with travel to the Edison, NJ office for the first week of training and one week per quarter. The Underwriter develops and fosters positive, professional relationships with the company's agency partners, as well as achieves company growth and profitability objectives. The underwriter is expected to exhibit a medium level of technical expertise, while exercising sound judgment, and delivering consistent results. Essential Duties and Responsibilities: Develops and maintain a strong working knowledge of company underwriting guidelines, coverage forms, enhancements, rating plans, and workflow Determine the acceptability of commercial lines package and umbrella policies based on company underwriting guidelines Uses underwriting information such as inspection reports, claims history, and commercial applications to make appropriate underwriting decision Determine appropriate premium levels and coverages for commercial package and umbrella policies based on filed rates and individual risk characteristics Responsible for maintaining strong business relationships with assigned agencies, which will include agency travel and agency management responsibilities Meet or exceed all company service standards for underwriting and processing commercial lines applications, endorsements, renewal policies, and new business policies Participates in special projects and performs additional duties as required. Qualifications Education and Experience: Bachelors degree required. Minimum of 4 years commercial multi-line and/or package underwriting experience required; Workers compensation and casualty experience preferred. Excellent computer skills and working knowledge of Microsoft 365 required. Completed or in process of completing a Professional Designation such as CPCU, CIC, ARM, AU preferred. Experience with ImageRight preferred. Skills: Excellent interpersonal, verbal and written communication skills required. Strong organizational and time management skills required. Proficient negotiation and analytical skills required. Demonstrated ability to exhibit sound judgment and decision making as per company underwriting guidelines and philosophy. The salary range for this role is $77,500-160,700. The listed annual salary range posted for this position is subject to change and may vary depending on performance, education, experience, skills, geographic location, travel requirements, demonstrated proficiency in the competencies required for the role and business needs. Base pay is just one component of GNY's total compensation package for employees. Other rewards include eligibility for an annual discretionary bonus based on performance.
    $77.5k-160.7k yearly 2d ago
  • Underwriter

    SBG Funding 4.1company rating

    Underwriter job in New York, NY

    About SBG FundingSBG Funding is one of the nation's leading sources for business funding. We are a niche financing firm with years of experience in the commercial lending arena. Our mission is to provide fast, flexible, and affordable capital to small businesses nationwide.Job DescriptionAs an Underwriter at SBG, you'll play a vital role in helping us shape the future of business funding. Your responsibilities will include evaluating funding applications, financial information, credit reports, and other relevant documents to assess the creditworthiness of businesses seeking financing.Position Responsibilities:· Funding Evaluation: Evaluate funding applications for business-to-business (B2B) lending by analyzing financial statements, credit reports, bank statements, and other relevant documentation to assess creditworthiness.· Risk Assessment: Perform detailed risk analyses to identify potential credit risks and propose appropriate mitigation strategies.· Underwriting Guidelines: Consistently apply underwriting guidelines and policies to funding applications, making informed decisions within established approval limits.· Collaboration: Collaborate closely with sales and other internal teams to gather necessary information and ensure accuracy and efficiency in the underwriting process.· Regulatory Compliance: Ensure all underwriting activities comply with regulatory standards, lending policies, and internal compliance requirements.· Credit Review: Conduct regular credit reviews to monitor portfolio credit quality and proactively identify emerging risks.· Documentation and Reporting: Maintain meticulous records of underwriting decisions, prepare comprehensive reports, and provide insightful recommendations to senior management. Candidate Qualifications:· Bachelor's degree in Finance, Economics, Statistics, or a related field.· Minimum of 5 years' experience in underwriting roles within B2B lending.· Extensive knowledge of lending principles, credit risk assessment methodologies, and underwriting practices.· Proficiency in financial statement analysis, credit evaluation, and risk assessment.· Comprehensive understanding of lending regulatory guidelines and compliance requirements.· Strong analytical capabilities, decision-making aptitude, and problem-solving skills.· Independent working style with effective time management and multitasking abilities.· Exceptional communication and interpersonal skills to collaborate across diverse teams. Why You'll Love UsBy joining SBG Funding, you will have the unique opportunity to lead underwriting strategies in the exciting and dynamic field of B2B lending. You'll be part of a team that is passionate about making a real difference in the world of business finance and contributing to the growth of countless businesses. SBG Funding offers a competitive salary, comprehensive benefits, and a stimulating work environment that encourages innovation and professional development.
    $89k-130k yearly est. Auto-Apply 60d+ ago
  • Underwriter

    Coaction Specialty Insurance Group

    Underwriter job in Morristown, NJ

    At Coaction, we're a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients. Underwriter - Professional Liability (Tech E&O, Misc. E&O, Cyber, A&E) The Underwriter for Professional Liability plays a critical role in driving profitable growth and maintaining underwriting excellence across multiple specialty segments, including Technology Errors & Omissions, Miscellaneous Professional Liability, Cyber, and Architects & Engineers (A&E). This role requires deep expertise in professional lines, strategic thinking, and strong analytical and interpersonal skills to position Coaction as a premier provider of comprehensive E&O and Cyber solutions. This will be responsible for shaping underwriting strategy, establishing measurable production goals, and fostering relationships with key brokers and distribution partners. You will serve as a subject matter expert on emerging trends, regulatory developments, and evolving risk exposures across the broader professional liability landscape, ensuring that Coaction's product offerings remain competitive, innovative, and responsive to market needs. Additionally, you will lead and mentor underwriting staff, promoting technical excellence, sound risk selection, and consistent adherence to underwriting guidelines. This position requires a proactive approach to navigating market dynamics, identifying strategic growth opportunities, and supporting product evolution to meet the changing demands of insureds across diverse industries. Job Description Risk Analysis & Underwriting Assess, evaluate, and underwrite complex risks across Tech E&O, Misc. E&O, Cyber, and A&E segments, ensuring profitable growth and alignment with underwriting guidelines and portfolio objectives. Market Leadership Position Coaction as a market leader in Professional Liability by staying ahead of industry trends, competitive pressures, technology-driven exposures, cyber threats, and evolving client needs. Broker Relationship Management Build and maintain strong relationships with key brokers and distribution partners, acting as a primary point of contact for submissions, negotiations, and product or coverage education across all supported Professional Lines segments. Team Leadership & Development Mentor and guide underwriting team members on technical underwriting concepts, risk analysis, emerging exposures, and best practices across Tech E&O, Misc. E&O, Cyber, and A&E lines. Strategic Growth Drive profitable growth across the Professional Lines portfolio by identifying new business opportunities, evaluating distribution strategies, and implementing targeted marketing and portfolio-development initiatives. Qualifications • Minimum of 5 years' experience underwriting professional liability lines of business • Bachelor's degree or equivalent experience preferably in finance, insurance, risk management, accounting, economics or related field of study • Proven ability to underwrite complex E&O, Architects & Engineers, and Cyber risks • Strong negotiation skills • Superior communication and organizational skills • Strong decision-making skills • RPLU and/or CPCU Salary range specific to for this role : $80,000-$130,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement. Equal Opportunity Employer Coaction is an Equal Employment Opportunity employer. Coaction's policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories. If your application is selected, you will receive an email directly from the Coaction Recruiting Team at ********************** asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.
    $80k-130k yearly Auto-Apply 27d ago
  • Private Client Underwriter

    Kaufman Financial Group

    Underwriter job in New York, NY

    is open to multiple Burns & Wilcox branch offices across the US.* When retail agents and brokers have successful clients who require coverage for the unique, the unusual, or the unconventional, they come to the Private Client Practice at Burns & Wilcox. Our Underwriters have full underwriting authority to build and grow a profitable book of Private Client business across the US and Canada. Burns & Wilcox offers unparalleled resources and exposure for those looking to excel in the specialty insurance career. Interested? Join our team! Responsibilities * Build a growing book of profitable Private Client business * Manage agency relationships and serve as lead client contact * Provide a Best in Class customer service experience for our retail partners * Execute on the national marketing strategy to increase new and renewal business * Work within granted authority and program guidelines to underwrite submissions with a focus on creative solutions for complex insurance exposures * Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management * Monitor key metrics and implement actions to improve practice group results in new business hit ratios, renewal retention, premium and income growth, and loss ratio * Lead, train, and develop Assistant and Associate Underwriters Qualifications * Bachelor's degree or equivalent combination of education and experience * Minimum 3 years of Personal insurance underwriting experience required, excess & surplus experience preferred * Previous experience with private client carriers and clients is beneficial * Proven written, verbal and analytical skills and ability to craft unique solutions to complex problems * Comfortable presenting to C-Level executives and clients * Demonstrated proficiency in customer service, sales and marketing * Proven organization skills and ability with a strong attention to detail and work ethic * Interest in continued education and professional development; enrollment in the CPRIA designation curriculum will be expected upon hiring * Insurance license, CPCU, CIC or comparable designations are beneficial Compensation: * Base compensation for position ranges between $85,000 to $125,000 based on qualifications * Flexible and hybrid options * Health benefits & 401K with employer match * Employer paid continuing education courses and designations * Many opportunities for career advancement About Our Company Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America's leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector. Equal Opportunity Employer The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
    $85k-125k yearly Auto-Apply 6d ago
  • Underwriter - Crime & Fidelity

    Beazley USA Services

    Underwriter job in New York, NY

    General Job Title: Underwriter - Crime & Fidelity Division: Specialty Risk Key Relationships: Brokers, underwriters, claims, wordings, insureds, external clients and suppliers Job Summary: To underwrite a US Executive Risk account within Specialty Risks and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand. FLSA: Exempt Key Responsibilities: Underwriting Develop and underwrite a profitable portfolio of US Executive Risk business as part of Specialty Risks. Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy and using underwriting knowledge and experience to win new business and retain existing. Manage innovation and development of non-insurance service offerings to insureds and others. Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level. Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability, using rating models as applicable. Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the US Executive Risk Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Specialty Risks. Comply with Beazley's underwriting control standards for business written through Lloyd's, Beazley's subsidiaries or internal MGAs. Develop a good working relationship with the claims managers on this class of business. Client Management Advise, assist and service clients on insurance and risk matters to ensure clients' satisfaction. Foster positive relationships with clients to get a mutual understanding of both their and Beazley's needs. Maintenance of good business relationships with brokers. Maintain awareness of overall Beazley product range and take advantages of opportunities to introduce other Beazley products to clients. General Leverage networking opportunities within the business to develop standardised underwriting policy and best practice within Beazley. Develop best practice and disseminate business and class knowledge within US Executive Risk and Specialty Risks. Work with peers within the US Executive Risk and Specialty Risks to maximise business opportunities and profitability within the department. This will include but not be limited to sharing market information, marketing sources and cross selling opportunities. Share and gather knowledge within the Beazley Group to ensure dissemination of best practice and maximise business opportunities and profitability across the Group. Production of presentations and marketing literature as required. Production of business plans/research documents for the US Executive Risk account as required. It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to: Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA Conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system. Display business ethics that uphold the interests of all our customers. Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs. Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management. Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups. Personal Specification: Essential Criteria 3-5 years of direct underwriting experience in Crime or Crime & Fidelity products, with this line representing a significant portion of the candidate's portfolio. Proven experience in underwriting US Executive Risk accounts, including risk assessment, pricing, and portfolio management within a regulated insurance environment. Strong analytical and financial skills, advanced knowledge of underwriting policy and practice, and proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas) with excellent communication skills for broker and client negotiations. Skills & Abilities Proficient underwriting skills Accurate and numerate Strong analytical skills with attention to detail Able to communicate effectively with others, both verbally and in writing Ability to manage time, meet deadlines and prioritise Motivational skills Knowledge & Experience General commercial and financial knowledge Experience in insurance industry Experience of US Executive Risk underwriting or broking Thorough knowledge of underwriting policy, philosophy and practice Advanced knowledge of underwriting processes and systems Client service experience Aptitude & Disposition Result focused, self-motivated, flexible and enthusiastic Professional approach to interact successfully with managers/colleagues/external suppliers Team worker as well as able to work on own initiative Customer focused, with a strong ethic of service and fairness to the customer Competencies Achievement drive Analytical thinking Strategic thinking Service focus Team working Conceptual thinking Forward thinking Who We Are: Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons. Our Culture We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers. Be bold Strive for better Do the right thing Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this. We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success. Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include: Beazley RACE - Including, understanding and celebrating People of Colour Beazley SHE - Successful, High potential, Empowered women in insurance Beazley Proud - Our global LGBTQ+ community Beazley Wellbeing - Supporting employees with their mental wellbeing Beazley Families - Supporting families and parents-to-be We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as: Internal Pathways (helping you grow into an underwriting role) iLearn (our own learning & development platform) LinkedIn Learning Mentorship program External qualification sponsorship Continuing education and tuition reimbursement Secondment assignments The Rewards The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization Attractive base compensation and discretionary performance related bonus Competitively priced medical, dental and vision insurance Company paid life, and short- and long-term disability insurance 401(k) plan with 5% company match and immediate vesting 22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs Up to $700 reimbursement for home office setup Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance Up to 26 weeks of fully paid parental leave Up to 2. 5 days paid annually for volunteering at a charity of your choice Flexible working policy, trusting our employees to do what works best for them and their teams Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $75,000 - $120,000 per year plus discretionary annual bonus. Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
    $75k-120k yearly 4d ago
  • Underwriter, Energy

    Sompo International

    Underwriter job in Morristown, NJ

    As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description Are you looking for your next opportunity? Sompo has a unique opportunity for an Underwriter in our Energy team. This position will support the North America Energy Team to service, develop premium quote, and bind business in accordance to the underwriting strategy that identifies profitable market opportunities, in addition to working with a select group of wholesale and retail brokers and our experienced specialists tailor solutions to meet the unique needs of each client. Providing individual risk policies as well as products for niche classes, we deliver risk solutions effectively and responsively. Location: This position will be based in our Morristown, NJ office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. Our business, your impact, our opportunity: What you'll be doing: * Able to quickly review applications and financial requirements to determine acceptability of risk in accordance with Sompo guidelines and standards; * Understand pricing components, rating methodology and use of rating tools to price risks based on exposures and risk analysis. * Demonstrate technical underwriting skills through strategic, thorough account review and file documentation. * Use all appropriate underwriting tools, disciplines, and knowledge of strategies to ensure underwriting guidelines are followed. * Prepare quote for new and renewal business, service accounts throughout the policy term, provide exemplary service to brokers. * Keep current on state/territory Insurance issues, trends, and regulations. What you'll bring: * 3+ years of Energy underwriting experience * Bachelor's Degree preferred * Experience in working, production; and underwriting all sizes of accounts with large brokerage houses and specialty retailers * Experience successfully underwriting, quoting, and binding profitable business * Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint); * Excellent communication (both written and verbal) skills; * Strong analytical and organizational skills; * Strong negotiation skills; * Team player willing to contribute to the whole of the company Salary Range: $65,000 - $125,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience. At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs: * Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution * Pharmacy benefits with mail order options * Dental benefits including orthodontia benefits for adults and children * Vision benefits * Health Care & Dependent Care Flexible Spending Accounts * Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children * Company-paid Disability benefits with very competitive salary continuation payments * 401(k) Retirement Savings Plan with competitive employer contributions * Competitive paid-time-off programs, including company-paid holidays * Competitive Parental Leave Benefits & Adoption Assistance program * Employee Assistance Program * Tax-Free Commuter Benefit * Tuition Reimbursement & Professional Qualification benefits In today's world, what do we stand for? Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo. Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
    $65k-125k yearly Auto-Apply 28d ago
  • Underwriter (Brick City Capital)

    Leverage Companies

    Underwriter job in Newark, NJ

    We are seeking a detail-oriented Real Estate Loan Underwriter to support our underwriting and loan processing functions. This role involves reviewing new loan files, issuing underwriting conditions, coordinating with third-party reviewers, and assisting in post-close conditions for loan sales. The ideal candidate will have strong analytical skills, a keen eye for risk assessment, and a continuous improvement mindset to enhance underwriting and loan processing efficiency. The anticipated annual base cash compensation for this role is $60,000 per year. This role also has a variable cash compensation component, making the total on-target cash compensation from $80,000 - $100,000 What you will do: Underwriting & Condition Review: Underwrite new loan files and issue underwriting conditions based on loan requirements. Review borrower and property-related documentation to ensure compliance with lending guidelines. Pre-Close & Post-Close Coordination: Clear pre-close conditions in collaboration with third-party reviewers. Assist in post-close requirements to satisfy note buyer conditions for loan sales. Maintain underwriting SLA within 1 business day. Process Improvement & Risk Assessment: Identify areas for improvement in underwriting and loan processing procedures. Work closely with internal teams to enhance efficiency and streamline workflows. Ensure LOS (loan operating system) accuracy with deal economics and figures. Collaboration & Communication: Coordinate with internal teams and third-party stakeholders to facilitate smooth loan transactions. Maintain clear documentation and communication regarding loan conditions and underwriting decisions. Create credit memos for the investment committee to review for more complex files that require escalated reviews. Full Ownership of the Underwriting Process Assemble, underwrite, and delivery full packages, coordinating with Brick City Capital sales, processing, capital markets, and closing teams. Exert creativeness to underwrite - full ownership of the underwriting process allows maximum flexibility to creatively underwrite in accordance to Brick City Capital's guidelines. What you will bring to the table: We encourage you to apply, even if you don't meet all of the listed criteria. Bachelor's degree in finance, real estate, business, or a related field (or equivalent experience). 2-4+ years of experience in real estate underwriting or private lending, experience in DSCR loans is a plus. Strong knowledge of investment property lending and loan structuring. Ability to analyze risk factors and apply lending guidelines effectively. Excellent attention to detail, organizational, and communication skills. Proficiency in loan origination systems and underwriting software. Experience working with private lenders or note buyers is a plus. Knowledge of real estate market trends and investment financing. What we bring to the table: A company culture that you can actually enjoy being immersed in. Direct access to executive leadership and strategic decision-making. Opportunity to grab destiny by its horns and to create your own path. Fast-paced, mission-driven environment with serious growth opportunity. A team that values integrity, entrepreneurialspirit, overall excellence, accountability, and ownership. What we look for in all our staff: A demonstrated track record of winning; we never stop at "just enough". An insatiable eagerness to continuously learn and to be coached; we are lifelong learners and always make ourselves available to others to teach us something new. A possession of strong entrepreneurial spirit; we have a burning passion for building something great out of nothing. A big vision for themselves and those around them; we always strive to be the best version of ourselves and help those around us do the same. An unwavering sense of integrity; an individual who roots oneself with a core belief that how one does anything is how one does everything. Additional Information Leverage Companies is an equal opportunity and an E-verify employer. We are committed to building a diverse, inclusive, and equitable workforce and do not discriminate based on characteristics of any kind. Leverage Companies is committed to providing reasonable accommodations for any candidates with disabilities who may need assistance during the talent acquisition process. To request a reasonable accommodation, pleaseemail ************************ Leverage Companies highly values having employees working in-office to foster a collaborative work environment and company culture. Under certain circumstances, a hybrid working arrangement with a minimum of 3 days in office in Newark, NJ may be arranged.
    $80k-100k yearly 40d ago
  • Underwriter II - Seneca Specialty Package

    Cfins

    Underwriter job in Morristown, NJ

    Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+"(Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion. C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: ************** Job Description Underwriter - Seneca (New York, NY) - hybrid role in our NYC, Uniondale NY, or Morristown NJ office 3 days per week, remote balance of week. Summary: Performs risk selection and pricing on new business, renewals and endorsements, reviews quotes prior to issuance and makes marketing calls to agents. This position requires underwriting acumen and relationship management skills. Manages agency relationships through continued customer service and marketing activities. Responsibilities: • Lines of business underwritten include: primary property, general liability, umbrella and other lines on occasion. • Meet profitability, retention and written premium goals determined by the branch. • Make independent decisions within underwriting letter of authority and maintain proper file documentation. • Manage assigned agents efficiently including: o Regular production visits o Quarterly review of assigned brokers' profitability o Identification to Profit Center Manager of potential broker conflicts & successes o Focus on service and being responsive o Work jointly with other profit centers within the organization as needed to promote cross selling and enterprise awareness. • Assist in developing annual business goals for assigned agents/producers. Responsible for analyzing results and maintaining accountability of agency partners within the branch. • Has an in-depth knowledge of branch's products and services. • Can clearly articulate Seneca's value proposition and underwriting appetite. • Participate in training and initiatives to develop knowledge base. • May participate in projects. • Travel - up to 20%. • Other duties as assigned. Requirements: • Bachelor's degree and 4+ years of P&C underwriting experience. • Possesses strong communication and analytical skills to pursue new business and manager overall relationships. • Proficient in software needed to succeed. • Excellent organizational and time management skills. • Possesses, or is pursuing, underwriting and industry designations applicable to area of specialization. • Will abide by branch policies and procedures, including authority levels, to comply with Seneca's risk control procedures. • Knowledge of commercial insurance products. What C&F will bring to you At C&F you will BELONG We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know. For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit **************************************************************** for more information. Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $71,600 to a maximum of $112,300. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs. Flexible work arrangements. Competitive compensation package. Generous 401K employer match. Employee Stock Purchase plan with employer matching. Generous Paid Time Off. Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family's complete wellness, including your physical and mental wellbeing A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you. A dynamic, ambitious, fun and exciting work environment. A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving. #LI-JA1 #LI-Hybrid
    $71.6k-112.3k yearly Auto-Apply 1d ago
  • Healthcare Underwriter

    Angott Search Group

    Underwriter job in Paramus, NJ

    Park Avenue Group is pleased to partner with a global bank in New Jersey in their search for a Healthcare Underwriter. This is a critical role responsible for underwriting a wide range of healthcare loans, with a focus on transactions from $5 million to $30 million. The ideal candidate will have a strong background in credit analysis and a deep understanding of the unique financial dynamics of the healthcare industry. You'll be working on a variety of healthcare sub-sectors, including senior living, physician and dental practices, pharmaceutical companies, and behavioral health facilities. This position offers the opportunity to play a key role in the bank's growth within this specialized and vital sector.
    $52k-89k yearly est. 60d+ ago
  • Risk Underwriter

    Coface Group

    Underwriter job in Princeton, NJ

    At Coface, we make trade happen everyday. Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world. With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy. Joining Coface means being part of a close-knit international organization, where your ideas matter. We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions. Shape the future of trade with us. Join our Happeners! Job Description THE ROLE We are looking for a Risk Underwriter to join our team. As a member of the US Risk Underwriting team you will be expected to perform the following: Realize counterpart's financial analysis based on information provided by our infoline and on your sectorial and macroeconomic knowledge. Approve credit limits with your individual delegation taking into account policies characteristics. Closely and proactively monitor the portfolio in order to mitigate losses. Inform and explain credit decisions to policyholders. Support the Commercial Team to retain existing business and develop new client relationship. Liaison/coordination with Coface entities in other countries. Perform industry reviews. In addition, open to hiring someone in a Senior Risk Underwriter role if qualified. This would be someone with a higher technical background and years of service. The individual in this position is expected to develop relationships with credit managers and Brokers and to liaise with Commercial, Information, Organization and Claims employees as needed to achieve regional and group objectives. You may represent the company in different occasions: visit clients, prospects, brokers, participate to industry events, conferences. Qualifications THE CANDIDATE You have strong relationship and communication skills in addition to a good team spirit. To be considered you must possess the following: Bachelor's degree in Business Administration or any other discipline with financial, economical, insurance focus. Four-year College degree in Finance and MBA is preferred. Minimum 5 years in a financial analysis role. Working knowledge of credit insurance industry is a plus. Ability to gather and analyze information from various external/internal sources: financial statements, sector and country economic reports, other departments' data, etc. Ability to work a hybrid work schedule to one of our three offices in Princeton, NJ, Hunt Valley, MD or New York, NY. Our Flexplace schedule is 2 days onsite, 3 days remote.
    $52k-89k yearly est. 1d ago
  • Risk Underwriter

    Coface

    Underwriter job in Princeton, NJ

    At Coface, we make trade happen everyday. Our 5,200 experts representing 80+ nationalities in 58 countries are united by a shared purpose: helping companies navigate through uncertainty by empowering them to make the right decisions and trade smarter in a complex world. With nearly 80 years of global experience, we offer companies a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring - all driven by a unique data patrimony, cutting-edge technology, innovation and a deep understanding of the global economy. Joining Coface means being part of a close-knit international organization, where your ideas matter. We foster a culture of learning, collaboration and inclusion where you are given responsibilities and can see the impact of your actions. Shape the future of trade with us. Join our Happeners! Job Description THE ROLE We are looking for a Risk Underwriter to join our team. As a member of the US Risk Underwriting team you will be expected to perform the following: * Realize counterpart's financial analysis based on information provided by our infoline and on your sectorial and macroeconomic knowledge. * Approve credit limits with your individual delegation taking into account policies characteristics. * Closely and proactively monitor the portfolio in order to mitigate losses. * Inform and explain credit decisions to policyholders. * Support the Commercial Team to retain existing business and develop new client relationship. * Liaison/coordination with Coface entities in other countries. * Perform industry reviews. * In addition, open to hiring someone in a Senior Risk Underwriter role if qualified. This would be someone with a higher technical background and years of service. The individual in this position is expected to develop relationships with credit managers and Brokers and to liaise with Commercial, Information, Organization and Claims employees as needed to achieve regional and group objectives. You may represent the company in different occasions: visit clients, prospects, brokers, participate to industry events, conferences. Qualifications THE CANDIDATE You have strong relationship and communication skills in addition to a good team spirit. To be considered you must possess the following: * Bachelor's degree in Business Administration or any other discipline with financial, economical, insurance focus. Four-year College degree in Finance and MBA is preferred. * Minimum 5 years in a financial analysis role. Working knowledge of credit insurance industry is a plus. * Ability to gather and analyze information from various external/internal sources: financial statements, sector and country economic reports, other departments' data, etc. * Ability to work a hybrid work schedule to one of our three offices in Princeton, NJ, Hunt Valley, MD or New York, NY. Our Flexplace schedule is 2 days onsite, 3 days remote. Additional Information
    $52k-89k yearly est. 30d ago
  • MCA Loan Underwriter

    Supreme Talent

    Underwriter job in Jersey City, NJ

    Our client, a company specializing in private lending for businesses, is seeking a meticulous Senior Underwriter with expertise in private loan underwriting and risk assessment within the financial services industry. The ideal candidate will be responsible for reviewing loan requests, evaluating financial information, and approving loans to support business growth while ensuring minimal risk exposure for the company. Responsibilities: Review and analyze loan requests, assessing the financial health and creditworthiness of applicants. Evaluate business financial statements, credit reports, and other relevant data to determine loan eligibility. Approve or deny loan applications based on thorough analysis and established lending criteria. Ensure compliance with company policies, industry regulations, and legal requirements throughout the underwriting process. Prepare detailed underwriting reports and documentation to support loan decisions. Collaborate with sales and customer service teams to provide clear and accurate information regarding loan approvals and denials. Stay informed about industry trends, market conditions, and regulatory changes to maintain up-to-date underwriting practices. Provide guidance and support to junior underwriters, fostering a collaborative and knowledgeable team environment. Qualifications: Minimum of 5 years of experience in private loan underwriting, with a focus on cash advance or private lending for businesses. Strong understanding of financial statements, credit analysis, and risk assessment to make informed underwriting decisions. Exceptional attention to detail and analytical skills, ensuring accurate evaluations and minimal risk exposure. Proficiency in underwriting software and financial analysis tools to streamline the review process. Excellent communication and interpersonal skills, capable of conveying complex financial concepts to stakeholders. Proven ability to work independently and manage a high volume of loan requests efficiently. Strong organizational and time management skills, enabling the handling of multiple tasks and priorities. In-depth knowledge of industry regulations and compliance requirements, ensuring adherence to legal standards. Location: Jersey City, NJ Salary: $75K
    $75k yearly 60d+ ago
  • Surety Underwriter II (New York City or East Brunswick NJ)

    Philadelphia Insurance Companies 4.8company rating

    Underwriter job in East Brunswick, NJ

    Marketing Statement: Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best. We are looking for a Sr. Surety Underwriter to join our team in either of our New York City or East Brunswick, NJ offices! Summary: Under limited direction and supervision, underwrites and markets assigned products by providing high levels of risk assessment and technical underwriting expertise to determine underwriting acceptability. May provide high level of financial analysis to determine credit quality. A typical day will include the following: Participates in the producer management process which may include, but is not limited to, premium collections. Prepares underwriting submissions, making recommendations and/or decisions within established authority limits. Minimum authority is $1,000,000 (Surety). Prepares and participates in marketing activities within the region to promote the development of new business. Gathers and analyzing information, applies appropriate underwriting techniques necessary to make an accurate evaluation of acceptability of risk. May evaluate credit quality. Prepares and participates in proposals to producers and/or accounts negotiating terms and conditions. May ensure credit quality of accounts managed while maintaining and updating underwriting files. Qualifications Bachelor's Degree At least three years of commercial surety underwriting experience preferably with a carrier. AFSB designation preferred. The ability to manage multiple priorities, generate new business and be detail oriented. EEO Statement: Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law. Benefits: We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online. Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at *****************************************
    $65k-104k yearly est. Auto-Apply 6d ago
  • Underwriter

    Core Specialty Insurance Services, Inc.

    Underwriter job in Morristown, NJ

    - The role will be responsible for underwriting Excess Casualty products being placed via StarStone's award winning broker portal Key Accountabilities/Deliverables: Communicate StarStone's risk appetite to brokers. Rapidly complete a targeted risk evaluation for each referral and promptly relay the proper underwriting position. Provide guidance and support to the junior underwriters and underwriting assistants. Strong underwriting service skills as demonstrated by rapid responses (“quick yes” and “quick no”) Negotiate pricing, terms & conditions, and deal structure with brokers based on underwriting guidelines. Strong ability to multi-task by handling emails, LiveChats, and phone calls. Highly motivated and results-oriented Willingness to be flexible, learn on the job, and maintain a positive attitude. Strong collaboration skills Strong verbal and written communication skills. Strong problem-solving skills Technical Knowledge and Understanding: Knowledge of Property-Casualty Insurance industry (Preferred) Knowledge of Excess Casualty underwriting practices, coverage & pricing/rating methodologies (Preferred) Experience: Bachelors degree or equivalent experience 2 years in the Casualty marketplace (Underwriting or Brokerage)- Preferred Experience working with support services, including IT and operations The expected pay range for the role is $65,000 - $75,000. The specific offer will depend on an applicant's skills and experiences. The disclosed pay range estimate may also be adjusted for the applicable geographic differential for the location in which the position is filled. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position. #LI-Hybrid - At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
    $65k-75k yearly 7d ago
  • Credit Risk Underwriter

    Jeeves

    Underwriter job in Bogota, NJ

    Jeeves is a groundbreaking financial operating system built for global businesses that provides corporate cards, cross-border payments, and spend management software within one unified platform. The company operates across 20+ countries including Brazil, Canada, Colombia, Mexico, the United Kingdom, across Europe, and the United States, and serves over 5,000 clients ranging from venture-backed startups to SMBs around the world. With a mission to empower businesses with more efficient and cost-effective financial solutions worldwide, Jeeves combines cutting-edge financial technology with exceptional team expertise to transform the business financial landscape. Jeeves has been recognized as one of The Information's 50 Most Promising Startups in 2023, as well as a Y Combinator Top Company 2021-2023 and won "Fintech of the Year" at the European Fintech Awards. Since graduating from Y Combinator in 2020, Jeeves has successfully raised over $380 million and is backed by top world-class investors including Andreessen Horowitz, Y Combinator, CRV, Tencent, Stanford University, Clocktower Ventures, and founders of more than 15 unicorns including David Velez (Nubank), Carlos Garcia (Kavak) and Sebastián Mejía (Rappi). We are looking for a seasoned Credit Underwriter to join our team, focusing on supporting the expansion of Jeeves' global credit portfolio within the Colombian market. In this role, you will be responsible for commercial credit underwriting, leveraging cutting-edge models and alternative data to assess risk and structure deals for businesses of various scales. A key part of your contribution will involve continuously enhancing our underwriting policies and processes to ensure risk assessment quality while improving efficiency. You will combine local market expertise with advanced underwriting practices to ensure robust risk assessment and portfolio health. As a global organization, Jeeves is committed to building a team as diverse as the companies we serve. Jeeves is a global company and English is the language we use internally to communicate between regions therefore, fluency in English is required for this position. Location: This role is based out of Bogotá, Colombia, and is a full-time hybrid position where it is required to come into our office in the Parque de la 93 area (2-3 days/week). #LI-HYBRID Job Responsibilities: * Responsible for underwriting commercial loans for new and existing customers leveraging provided software cutting-edge models and alternative data to assess businesses of various scales. * Conduct in-depth analysis of financial statements (Balance Sheet, P&L, Cash Flow) to determine debt service capacity, leverage, and liquidity positions. * Prepare comprehensive credit memos and present recommendations to the Credit Committee, clearly articulating key risks, mitigants, and structuring rationales. * Structure complex credit facilities, including recommending appropriate covenants, collateral requirements, and terms that align with the borrower's risk profile Assists team members in evaluating new data sources in Colombia. * Provide input for improving efficiency for the underwriting team. * Establishes rapport; maintains and grows important relationship within the portfolio. Requirements: * 5+ years in credit underwriting, with experience in commercial credit risk in the Colombian market. * Solid understanding of the Colombian regulatory landscape (e.g., SARLAFT) and legal frameworks regarding commercial lending, guarantees, and collateral enforcement. * Expertise working with local credit bureaus (e.g., DataCrédito, TransUnion) and interpreting local tax/legal documents (Rut, Cámara de Comercio, Declaración de Renta). * Advanced proficiency in financial modeling and 'spreading' financial statements; ability to reconstruct cash flows from raw data. * Understanding of how risk models operate and how to explain components of underwriting assessment. * Must have the ability to conduct research into borrowers and industries to be abreast with factors that may affect profitability and the borrower's ability to repay loans. * Demonstrated ability to work well with internal sales teams and balance need for prudent underwriting and following guidelines with a mindset and bias to enable growth. * Experience with corporate credit cards, payments, lending, or related industries. * Intellectual curiosity. * Excellent written and verbal communication skills conducted in English. * Strong interpersonal skills to develop and maintain internal and external relationships within their portfolio. * Experience in high growth startups preferred. We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
    $52k-89k yearly est. 39d ago
  • Underwriter: Environmental (Wholesale)

    Markel 4.8company rating

    Underwriter job in Red Bank, NJ

    What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you'll find your fit amongst our global community of optimists and problem-solvers. We're always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The primary purpose of this position is to underwrite renewal business and new business in a profitable manner and according to authority level and established guidelines. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers.Responsibilities: Review, analyze, accept, and decline wholesale environmental risks to ensure profitability for Markel. Underwrite and select new business that will produce an underwriting profit. Manage the existing renewal book and implement corrective measures, as needed, to meet profitability expectations. Communicate with regional managers and national Environmental product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate. Participate in audits and/or underwriting meetings as required. Build and maintain quality relationships with key producers while simultaneously monitoring the entire appointed producer base for profitability and production. Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape Provide training or technical assistance to department underwriting staff Desired Background: 1-3 years of environmental underwriting experience in the Northeast Region required Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility. Demonstrated marketing and relationship building skills. Four year college degree and/or CPCU or similar designation preferred. Excellent oral and written communication skills. Microsoft Office skills to include MS Word and MS Excel. Strong analytical and organizational skills. Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed. Up to 25% travel (when appropriate) #LI-Hybrid US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future. Pay information: The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors. The base salary range for the Underwriter position is $74k - $102k with a 20% bonus. Who we are: Markel Group (NYSE - MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We're all about people | We win together | We strive for better We enjoy the everyday | We think further What's in it for you: In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life. All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave. Are you ready to play your part? Choose ‘Apply Now' to fill out our short application, so that we can find out more about you. Caution: Employment scams Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that: All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings. All legitimate communications with Markel recruiters will come from Markel.com email addresses. We would also ask that you please report any job employment scams related to Markel to ***********************. Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law. Should you require any accommodation through the application process, please send an e-mail to the ***********************. No agencies please.
    $74k-102k yearly Auto-Apply 56d ago

Learn more about underwriter jobs

How much does an underwriter earn in Berkeley Heights, NJ?

The average underwriter in Berkeley Heights, NJ earns between $41,000 and $113,000 annually. This compares to the national average underwriter range of $39,000 to $96,000.

Average underwriter salary in Berkeley Heights, NJ

$68,000

What are the biggest employers of Underwriters in Berkeley Heights, NJ?

The biggest employers of Underwriters in Berkeley Heights, NJ are:
  1. Coaction Specialty Insurance Group
  2. The Hartford
  3. Acrisure
  4. Crum & Forster
  5. Cfins
  6. Core Specialty Insurance Services, Inc.
  7. Sompo International
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