Senior/Executive Underwriter - Contractors' Segment
Company: Crum & Forster Insurance
Location: Richardson
Posted on: March 25, 2025
|
|
Job Description:
Crum & Forster Company OverviewCrum & 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 2024 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: .Job DescriptionContractors Segment - Remote in TexasSenior/Executive Underwriter Job SummarySummaryWe are seeking an experienced and dynamic Senior or Executive Underwriter to join our Guaranteed Cost Construction Department. In this role, you will be responsible for applying your sales knowledge and underwriting expertise to assess risk to foster premium growth and profitability in accordance with our construction risk appetite. You'll work closely with C&F brokers and agents to manage relationships and provide tailored insurance solutions that meet the unique needs of their construction contractor clients.The position will report directly to the Territory AVP/Underwriting Director for the assigned Region. "Check In's to Engage" on the performance of the employee/territory are ongoing, with CITE (Performance) Evaluations conducted quarterly.Key Responsibilities
- Marketing: Source and qualify new business accounts from authorized producers.
- Underwriting: Make informed underwriting decisions based on thorough analysis, ensuring compliance with company guidelines and regulatory requirements. Maintain proper underwriting file documentation.
- Desk/Territory Management: Meet profitability, renewal retention, rate, and written premium goals as determined by the Territory Business Plan.
- Client Engagement: Build and maintain strong relationships with brokers, agents, and insureds by providing exceptional service and support through our Stewardship Program.
- Market Analysis: Stay updated on industry trends, market conditions, and competitor activities to identify opportunities and threats.
- Policy Management: Oversee the issuance, renewal, and modification of insurance policies, ensuring accuracy and timeliness of delivery.
- Collaboration: Work closely with the Claims, Risk Engineering, Actuarial, Audit, and Financial Operations Departments to develop comprehensive insurance solutions throughout the product life cycle. Cross-sell other segments of the C&F brand.
- Training and Mentorship: Provide guidance and mentorship to
other Underwriters and Underwriting Assistants to foster a culture
of continuous learning and development.Additional Responsibilities
- Adhere to the assigned Underwriting Letter of Authority.
- Assist in developing annual business goals for assigned Agents/Producers. Analyze results and maintain accountability of agency partners within the department.
- Possess in-depth knowledge of Contractors Segment appetite, products, and services.
- Clearly articulate the Contractors segment's value proposition.
- Travel as required (15%-20%).
- Other duties as assigned.Recommended Education & Requirements
- Experience: Minimum of 5 years of Underwriting and Sales experience in the construction insurance sector, focusing on casualty and property guaranteed cost policies.
- Education: Bachelor's Degree in Business, Finance, or a related field. Professional designations such as CPCU or CRIS are preferred.
- Skills: Strong analytical, decision-making, and communication skills with proficiency in underwriting software and tools.
- Knowledge: In-depth understanding of construction risks, insurance products, and regulatory requirements.
- Attributes: Detail-oriented, proactive, and able to thrive in a
fast-paced environment.LocationRemote - TX (Preferably residing in
the DFW area)RequirementJoin our team and contribute to the success
of our Construction Guaranteed Cost Department by delivering
innovative and effective insurance solutions. If you are a
strategic thinker with a passion for underwriting and a commitment
to excellence, we want to hear from you!What C&F will bring to
youAt C&F you will BELONGWe value inclusivity and diversity. We
are committed to equal employment opportunity and welcome everyone
regardless of race, color, ancestry, religion, sex, national
origin, sexual orientation, age, citizenship, marital status,
disability, gender identity, or Veteran status. If you require
special accommodation, please let us know.For California Residents
Only: Information collected and processed as part of your career
profile and any job applications you choose to submit are subject
to our privacy notices and policies, visit for more
information.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 $78,900 to a maximum of $125,200.
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-JA1# Remote
#J-18808-Ljbffr
Keywords: Crum & Forster Insurance, Richardson , Senior/Executive Underwriter - Contractors' Segment, Accounting, Auditing , Richardson, Texas
Click
here to apply!
|