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    Sr Underwriter - Tuxedo, United States - Velocity Risk

    Velocity Risk
    Velocity Risk Tuxedo, United States

    2 weeks ago

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    Description

    About Velocity Risk

    By innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe prone communities. Embracing Nature's volatility and turning "problems" into potential, we are transforming old insurance practices. Our uncommon approach to business creates uncommon careers where employees are empowered to flourish.

    About the role

    Are you someone looking for a role that will challenge you to step outside your comfort zone? Are you looking to join an innovative, collaborative team environment that allows you to learn from others and grow in your career? If you, you are just the type of person that will fit into our distinctive culture. As a Small Commercial Sr Underwriter, you are responsible for analyzing and underwriting business for the Commercial Line to meet Combined Ratio and capital metric goals. You will be responsible for up to $30M book of business while utilizing your underwriting expertise to help determine risk acceptability, pricing, underwriting guidelines, developing positive agency relationships within assigned territories, auditing underwriting files and accounts and improving on underwriting processes. Partnering with other departments and your colleagues, you will provide insights and feedback on ways to further improve and develop the products and services Velocity Risk offers.

    What you'll do

    You will thrive in this position if you have these core capabilities...
    • Communication – superb skills in writing and verbally communicating
    • High attention to Detail – focused and attentive to correct data and pinpointing any inaccurate information quickly and efficiently
    • Highly organized and prioritized – systematic record keeping skills and able to recognize time sensitivity and adapt accordingly
    • Proven capability for confidentiality

    Core Competencies:

    • Responsible for analyzing and underwriting up to a $30M book of business to meet capital metric and combined ratio goals.
    • Lead and develop direct report(s) - includes organization of workflow and expectations per member of the team
    • Provide coaching, training and mentorship guidance to Underwriter II's, Underwriter I's and Underwriter Assistants.
    • Responsible for developing positive producer relationships and fostering pre-existing partnerships.
    • Collaborating with the larger Commercial Lines team and other departments to further develop and enhance VRU products and service operations.
    • Leadership meetings – lead meetings &/or present topics with Senior Management Team

    Qualifications

    • Bachelor's degree preferably in a related discipline (i.e.: Risk Management or similar); CPCU or other professional designations are a plus
    • Minimum of 5 years of commercial underwriting experience
    • Demonstrated understanding of P&C underwriting principles and practices
    • Has the skills needed to underwrite individual accounts and support a portfolio underwriting approach


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