Senior Underwriter- Remote

Senior Underwriter – WaterPlus
Allied Public Risk, LLC, a subsidiary of K2 Insurance Services, LLC, an exclusive underwriting manager of customized products for public entities, seeks a full-time Senior Underwriter to join its team at its Harrisburg, PA office.
Allied Public Risk, LLC offers the opportunity to join an established company in growth mode. Our compensation program includes competitive pay; bonus plan; medical, dental, and vision insurance; and 401(k) with employer match.
Pay Range: 80,000-90,000 USD/Year
Responsibilities:

Works with Lead Underwriter to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets;

Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined;

Ability to analyze loss runs and calculate loss ratios. This skill set needs to be used when underwriting and quoting new business and renewals;

Underwriting Authority < $100,000 (Authority may increase as the Company develops confidence in your underwriting skills).

Will prepare referrals on accounts outside of their authority and send to Lead Underwriter for review and approval for release or submission to Company; May handle direct referrals to Company, particularly as tenure is attained.

Achieve new business hit ratio and retention goals;

Assist in technical training to new underwriting team members to ensure that all risks conform to APR underwriting guidelines and file documentation requirements;

Coordinate with UW Support to issue error free policies and endorsements. Review and analyze complex policies.

Participate in new business development in accordance with the Program’s business plan;

Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances;

Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills;

Begin working with Lead Underwriter to participate in enhancing APR’s profile in the Program’s market segment, including participating in broker marketing calls;

Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities;

Work toward becoming a subject matter expert regarding primary public entity coverage and emerging issues in the public entity segment.

Qualifications:

Excellent written, verbal, and interpersonal skills;

Strong analytical skills;

Solid computer skills and ability to independently use Microsoft Office Products (Word, Excel, etc.);

Strong negotiation skills combined with the ability to close new business opportunities;

Flexibility for extensive work hours during the peak business periods of April 1st thru July 15th, and October 1st thru December 15th;

Flexibility for 0%-10% business travel.

Experience / Education:

Bachelor’s Degree, in Business, a related field, or equivalent education required;

CPCU or ARM designation preferred;

5 or more years insurance underwriting experience required, with some experience in Public Entity related segment.

Compensation details: 80000-90000 Yearly Salary
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Allied Public Risk