Associate Underwriter - Seneca Custom Property NE
Morristown, NJ  / Newark, NJ  / New York, NY  / Jersey City, NJ ...View All
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Posted 13 days ago
Job Description
Associate Underwriter - Seneca Custom Property NE
Job Locations US-NJ-MORRISTOWN | US-NJ-Remote | US-NY-NEW YORK | US-NJ-JERSEY CITY
Job ID 2024-3761 Category Underwriting Type Regular Division Seneca
Crum & Forster Company Overview

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" (Excellent) 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 October 2023 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: www.cfins.com.

Job Description

Custom Property Northeast- Associate Underwriter

Responsibilities:

    Has responsibility for renewal pre-qualification to determine if non-renewal, conditional non-renewal or other notice needs to be issued.
  • Solicit renewal information from brokers 90 days out from expiration
  • Handle all aspects of renewal business, including terms, pricing, retention, growth and profitability per Seneca guidelines.
  • Analyze any changes in exposures to determine acceptability and increased hazards. Use independent judgement and initiative to support business goals.
  • Maintain underwriting discipline by maintaining bottom line underwriting philosophy
  • Remain within designated authority and seek approval as needed
  • Document files appropriately with complete underwriting thought process
  • Verify loss history and consult claims division for feedback prior to evaluating renewal terms, if necessary.
  • Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
  • Develop and maintains effective business relationships with clients in order to retain profitable business
  • Place reinsurance according to corporate guidelines

Requirements:

  • 2+ years of Insurance Experience
  • Strong communication, negotiation and organizational skills required
  • College degree or equivalent experience is preferred. ARM and CPCU designations are a plus.

Position Location:

This position would ideally be located in:

Morristown, NJ

Jersey City, NJ

New York, NY

Other office locations would be considered

What C&F will bring to you
  • 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 $50,900 to a maximum of $84,900. 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-JA

    #LI-Remote

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
2+ years
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