Note: The job is a remote job and is open to candidates in USA. Acadia Insurance, a Berkley Company, is seeking a Senior Sales Underwriter to manage relationships and drive growth in written premiums while ensuring customer satisfaction. The role involves applying underwriting, sales, and distribution management skills to achieve profitability goals within the assigned territory.
Responsibilities
- Build and maintain relationships, drive written premium growth, and maintain renewal retention goals while delivering a high degree of customer satisfaction within assigned territory
- Apply Underwriting, Sales, and Distribution Management skills to manage the overall book of business to achieve profitability goals
- Proficiency assessing intricate risks across various industries utilizing historical data and industry trends to make well-informed decisions devising comprehensive risk management plans
- Interpret complex financial data, evaluates financial stability and uses financial insights to guide risk assessments and pricing strategies
- Strong knowledge of loss prevention tactics to collaborate with risk engineering professionals for the purpose of devising loss prevention programs and risk mitigation solutions
- Developing complex policies that balance comprehensive coverage with accurate pricing, effective utilization of endorsements and specialized coverage options
- Ability to marry coverages offered with appropriately developed coverage terms, limits and pricing based on strong aptitude and understanding of all coverage components
- Engaging appropriate resources and internal and external stakeholders at the appropriate times to deliver the best possible outcome in line with company standards
- Continuous improvement mindset and offers suggestions for efficiencies
- Insurance law and regulations, to ensure that policies meet legal requirements, and provides guidance on complex compliance issues
- Expertise in creating detailed and organized documentation that clearly outlines underwriting decisions
- Account service, account management, cross-selling, business development, marketing strategy and positioning, negotiations, prospecting and qualifying, solution development, and competitive analysis
- Consultative and relationship management skills needed to build strong relationships with agency partners to drive profitable submissions
- Prepare for and conduct effective agency review meetings that serve the goals of BFM and agent partners
Skills
- Bachelors degree or equivalent job-related experience
- 5+ years insurance underwriting experience
- 5+ years of monoline Inland Marine insurance underwriting experience
- Successful history of production underwriting
- Excellent relationship management and strategic sales acumen
- Able to work independently in an entrepreneurial environment
- Strong collaboration, customer focus and critical thinking skills
- Ability to travel up to 25%
- Valid drivers license
Benefits
- Culture of innovation, teamwork, supportive colleagues and leaders willing to invest in talent
- Internal mobility opportunities
- Visibility to senior leaders and partnership with cross functional teams
- Opportunity to impact change
- Competitive compensation
- Paid time off
- Comprehensive wellness benefits and programs
- Employer funded health savings account
- Profit sharing
- 401k
- Paid parental leave
- Employee stock purchase plan
- Tuition assistance
- Professional continuing education
Company Overview