Senior Underwriting Specialist

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Role Description

This position is a field role within Central Pennsylvania or Maryland.

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  Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite.
  


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  Develops and implements advanced risk assessment models to make informed decisions on coverage, pricing, and terms.
  


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  Fosters strategic partnerships with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance.
  


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  Procures and analyzes supplementary reports and screenings, such as motor vehicle reports, loss history reports, and external inspections, to support underwriting decisions.
  


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  Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
  


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  Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation.
  


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  Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.
  


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  Monitors and shares insights on industry trends, regulatory changes, and market conditions.
  


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  Maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
  


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  Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
  


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  May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
  


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  Performs other duties as assigned.
  

Qualifications

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  Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.
  


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  Generally, a minimum of 13 years of experience in Underwriting or a related field.
  


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  Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM), or a marketing designation.
  


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  Familiarity with marketing strategies and tools is beneficial.
  

Requirements

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  Performs work under minimal supervision.
  


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  Works at the highest authority limits on the most complex assignments.
  


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  Maintains expert knowledge of company policies and industry laws and regulations.
  


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  Demonstrates expert analytical, risk assessment, and problem-solving skills.
  


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  Excellent interpersonal and communication skills.
  


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  Advanced negotiation and decision-making ability.
  


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  Recognized as the company expert in the field.
  


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  May serve as the highest point of escalation for decisions regarding risk and coverage.
  


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  Position requires occasional travel.
  

Benefits

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  Compensation varies by role, position level, and location.
  


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  Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
  


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  We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one.
  


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  PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match.
  


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  These benefits are available to eligible full-time and part-time employees.
  

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