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Core Specialty Insurance Holdings, Inc. · 3 days ago

VP Underwriting - Lawyers E&O

Dallas, TX

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Core Specialty Insurance Holdings, Inc. is seeking a VP of Underwriting for Lawyers E&O. The role involves examining and analyzing submissions to determine risk and appropriate underwriting practices, while building relationships with broker partners and ensuring compliance with underwriting standards.

InsuranceMarine Transportation

No H1B

Responsibilities

Execution of Lawyers E&O business plans and objectives including:

Build Core Specialty’s reputation and presence in the professional liability market

Provide prompt and accurate customer service on policy transactions

Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies

Provide documented evidence of underwriting activities and decisions in files as required

Support Company and Department goals and objectives

Build Core Specialty’s relationships with our broker partners

In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require

Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business

Qualification

E&O underwritingLawyers E&O experiencePricing methodologiesInsurance operationsPolicy languageInsurance market knowledgeMicrosoft OfficeBroker relationships

Required

Examination & analyzing of submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk

Execution of Lawyers E&O business plans and objectives including: Build Core Specialty's reputation and presence in the professional liability market

Provide prompt and accurate customer service on policy transactions

Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies

Provide documented evidence of underwriting activities and decisions in files as required

Support Company and Department goals and objectives

Build Core Specialty's relationships with our broker partners

In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require

Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty's shared values, including putting clients at the heart of our business

Strong knowledge of E&O underwriting industry including strong experience with Lawyers E&O business

Knowledge of E&O underwriting practices, coverage & pricing/rating methodologies with the ability to manuscript policy language

Strong knowledge of producer & competitor marketplace

Strong knowledge of targeted industries

Strong knowledge of insurance company operations

Solid understanding of policy wordings and clauses

Up-to-date knowledge of the insurance market environment

10+ years in the E&O marketplace with a focus on Lawyers E&O business

Strong Proficiency with Microsoft Office products (Excel, Word, PowerPoint)

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

Preferred

Experience with APL (Accountants) E&O Underwriting preferred

Experience working with support services, including IT, claims, actuarial and operations

Benefits

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

A wellness program

Company

Core Specialty Insurance Holdings, Inc.

Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses.

Founded in 2020

Jersey City, New Jersey, USA

1001-5000 employees