Berkley

Senior Underwriter

Location Name AZ, Scottsdale - 7233 E Butherus Drive
ID
2024-10783
Date Posted
2 months ago(6/25/2024 6:29 PM)
Company
Nautilus Insurance Group
Primary Location
US-AZ-Scottsdale
Loc2
Georgia
Loc3
Pennsylvania
Loc4
Florida
Category
Underwriting

Company Details

Nautilus_Logo

 

Top Companies AZ Logo 23

 

At Nautilus Insurance Group, we’re committed to developing talent and shaping the future of the insurance industry.

For more than 35 years, Nautilus Insurance Group has been an elite Excess and Surplus Lines market offering commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. Nautilus is a member of W. R. Berkley Corporation, whose member insurance companies are rated A+ (Superior), Financial Size Category XV by A.M. Best Company.

In July 2023, we were voted one of Arizona’s Top Companies to Work for in Arizona by Arizona Capitol Times, Best Companies Group, and BestCompaniesAZ. 

Benefit Highlights

  • Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
  • Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
  • We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options. 
  • One of our core values is “Committed to Serve” and these aren’t idle words. We provide every employee one paid day off per year to volunteer at a local charity. That’s serving with a smile!
  • We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
  • Can you hear us now?  Employees are eligible for special cell phone service discounts with Verizon and AT&T. We’ve got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
  • Flexible work arrangements
  • On site newly renovated fitness center - free to use for employees.  Yoga and other classes available for a nominal fee.

Responsibilities

The Senior Underwriter provides support to the underwriting process, making appropriate decisions within own underwriting assigned authority levels.  Reviews insurance applications and processes accounts.  Projects a professional company image through internal and external customer interaction.

 

This role is located in our Scottsdale office on a hybrid schedule.  We will consider highly qualified remote candidates.

 

  • Assesses new and renewal accounts to determine acceptability based upon NIC underwriting guidelines and authority granted.
  • Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed, and enters information into appropriate systems.
  • Establishes types and limits of coverage to be provided.
  • Creates, analyzes and interprets data from various systems and underwriting resources.
  • Responsible for monitoring production, profitability, and maintaining agency relationships.
  • Collaborates with underwriting team as well as other departments on underwriting philosophy.
  • Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained.
  • Consults with agency staff to obtain additional information on existing accounts.
  • Promotes consistency amongst underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals.
  • Maintains confidentiality with discretion and integrity with both internal and external information.
  • Maintains familiarity with state laws and filing requirements within assigned territory to properly transact business within a state.
  • Consults with underwriting team to determine if reinsurance is needed, and negotiates terms with designated reinsurer companies.
  • Identifies and recommends changes to policy verbiage when standard text is not appropriate. Seeks manager approval before implementing.
  • Monitors the amount of insurance in force on a single risk or group of closely related risks. Evaluates possibility of catastrophe losses and takes necessary action, as needed.
  • Occasionally requested to assist with the development of special programs, underwriting procedures, and educational seminars.
  • Composes reports and business correspondence such as travel summaries, agendas, and meeting minutes.
  • Coordinates internal and/or external visits including but not limited to scheduling meetings, confirming staff availability, and arranging meals/entertainment.
  • Provides guidance and support to less experienced team members within the department.
  • Travel to agent offices and/or other external events is required.
  • Performs other duties as assigned.

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Qualifications

  • Bachelor's degree; or at least two years of experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge, skills, and abilities.
  • AIS, ASLI, AU, and CPCU designations or completion of other insurance related classes is preferred.
  • A minimum of five (5) years of experience as an insurance underwriter in commercial property and casualty.
  • Basic knowledge of computer programs in a Windows environment, including Word, Excel and email.
  • Capability to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.
  • Excess and Surplus lines background is beneficial.
  • Ability to compute rates, ratios, and percentages.

Additional Company Details

The Company is an equal employment opportunity employer.

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

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