Senior Underwriter - Public Entities Insurance (Remote)

Senior Underwriter Allied Public Risk, LLC, a subsidiary of K2 Insurance Services, LLC, an exclusive underwriting manager of customized management liability products for public entities, seeks a full-time Senior Underwriter to join its team remotely. Allied Public Risk offers the opportunity to join an established company in growth mode.

Our compensation program includes competitive pay; bonus plan; medical, dental, and vision insurance; paid time-off in of hire; and 401(k) with employer match. Salary Range: 90,000-100,000 USD per year Responsibilities: Works with Lead Underwriter to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets; Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined; Ability to analyze loss runs and calculate loss ratios.

This skill set needs to be used when underwriting and quoting new business and renewals; Will prepare referrals on accounts outside of their authority and send to Lead Underwriter for review and approval for release or submission to Company; May handle direct referrals to Company, particularly as tenure is attained. Achieve new business hit ratio and renewal retention goals; Assist in technical training to new underwriting team members to ensure that all risks conform to AER underwriting guidelines and file documentation requirements; Coordinate with UW Support to issue error free policies and endorsements.

Review and analyze complex policies. Participate in new business development in accordance with the Program’s business plan; Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances; Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills; Begin working with Lead Underwriter to participate in enhancing APR’s profile, including participating in broker marketing calls; Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities; Work toward becoming a subject matter expert regarding primary and excess private/nonprofit entity coverage and emerging issues in the management liability space.

Qualifications

Excellent written, verbal, and interpersonal skills; Strong analytical skills; Solid computer skills and ability to independently use Microsoft Office Products; Strong negotiation skills combined with the ability to close new business opportunities; Flexibility for 0%-20% business travel; Experience / Education: 2 or more years experience underwriting public entities insurance; Bachelor’s Degree, in Business, a related field, or equivalent education preferred; CPCU or ARM designation a plus; Public Entity and Municipality insurance experience a plus;