Westfield Specialty Insurance · 7 hours ago
Underwriter, Financial Institutions
New York, NY, United States
Full-time
Onsite
Entry Level
$85K/yr - $95K/yr
1+ years expWestfield Specialty Insurance is seeking an experienced Underwriter to join their Financial Institutions team based in New York, NY. The role involves pursuing new business opportunities, servicing renewals, and providing solutions to key broker partners while maintaining high underwriting standards.
Insurance
Responsibilities
Support the expansion of the Financial Institutions Portfolio in line the team’s underwriting strategy
Develop a strong understanding of the underwriting strategy for assigned territory
Develop skills required to manage business areas, including underwriting & pricing, claims, and broker and client relationships
Participate in the underwriting peer review process at underwriting meetings, as required
Underwrite in compliance with the Company’s underwriting standards
Ownership of broker/agency relationships including delivering high level expectations. Leads and/or participates in agency analysis and planning. Develops and executes an effective agency strategy to grow the business. Developing action plans to grow with supportive brokers including proprietary form review
Business travel as required
Gathers pertinent competitive information to assist in product development recommendations
Qualification
Required
1-3 years of high-level Financial Lines or D&O underwriting experience
Strong technical knowledge of Financial Lines from an Underwriting background to develop/maintain market knowledge
Bachelors degree
Training and development of staff
Excellent organizational and communication skills, and ability to multi-task
Ability to work independently in a fast-paced, high pressure environment
Willingness to travel
Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
Strong analytical, organizational, and time management skills
Must be a team player that enjoys a flexible and spontaneous business environment
Ability to be onsite in office 4 days a week
Preferred
Financial Institutions experience highly preferred
Strong preference for degree with a field related major/concentration
Benefits
Discretionary incentive pay
Company
Westfield Specialty Insurance
Westfield Specialty is a prominent specialty insurance carrier, leveraging the financial strength of Westfield, a leading U.S.-based property and casualty insurance company and the well-established Lloyd’s of London Syndicate 1200.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Brad Kass
Chief Operations Officer
Manoj Jain
Chief Information Officer
Company data provided by crunchbase