Executive Underwriter

Location Name VA, Glen Allen - 4820 Lake Brook - Suite 200
Date Posted
5 months ago(11/1/2022 8:06 PM)
Verus Specialty Insurance
Primary Location
US-VA-Glen Allen
AZ, Scottsdale - 7233 E Butherus Drive

Company Details


Verus Specialty Insurance is an Excess and Surplus Lines provider writing business countrywide. Verus Specialty Insurance operates through a group of wholesale producers nationwide. Additionally, our policyholders can be reassured that their insurance investment is sound, as we are backed by the resources of a Fortune 500 company, W.R. Berkley Corporation. Successful candidates will exhibit strategic thinking, creativity, and pragmatic execution to drive results.


The Company is an equal employment opportunity employer.


The Executive Underwriter will maintain contributory responsibility for underwriting, including revenue growth, profitability and competitiveness by directing the activities for an underwriting function or team but overall sole responsibility for an individual book of business. Oversees policy applications, renewals, repricing, restrictions, and cancellations to determine risk acceptability and coverage. Recognized as a technical expert that has both technical and administrative responsibility. May be involved in planning and implementing administrative, technical and operational direction toward achieving defined goals and objectives Focus is maintained on their assigned brokers to foster growth, understanding of our business, marketing of our appetite and initiatives as well as the key point person for resolution of service issues.


Key roles/responsibilities include the ability to:


  • Demonstrates broad knowledge of the business, the marketplace and the company’s overall goals, objectives and performance measures through effective deliver of all products and services
  • Links product line policies, procedures and practices to the overall company strategy
  • Demonstrates a broad overview of the company’s operations
  • Identifies and acts on opportunities to share line of business knowledge with customers
  • Benchmarks programs and policies against market trends
  • Recognizes and advances the development of technological enhancements to meet strategic needs
  • Blends outside ideas with internal values when making recommendations
  • Networks with peers and outside resources to exchange ideas and information
  • Make recommendations in the development and implementation of policies and practices
  • Recommends new coverage enhancements to products to fill market gaps needed to create customer value
  • Serves line of business/industry committees, featured speaker or panel member on internal and external events
  • Integrates coverage, service, and regulatory or emerging hazard issues to exceed the needs of the customer
  • Identifies new coverage and product needs in the market
  • Interprets and compares global coverages and exposures in multi-jurisdictions
  • Coaches and directs others on coverage, service and regulatory or emerging hazard issues
  • Acts as a referral source, within assigned authority, on coverage and pricing
  • Achieves profitable growth through effective use of underwriting and business skills in assigned territory or product line
  • Creates and applies specific line of business strategies across all locations of operations
  • Utilizes current data and initiates customized information to interpret pricing and exposure trends in the book
  • Develops pricing proposals utilizing advanced techniques
  • Understands pricing needs over a large territory or book of business
  • Evaluates the impact of risk transfer to recommend appropriate action that enhance long term profitability
  • Participates in audits to ensure appropriate actions are taken to ensure profit
  • Gathers and analyzes information to determine risk acceptability
  • Recognizes and advocates certain expectations to underwriting standards and create viable options
  • Assesses rate adequacy relative to exposure
  • Integrates internal and external resources
  • Assesses and prioritizes underwriting and service needs and the feasibility of their delivery
  • Identifies critical exposures, trends and opportunities, and assists with the development of strategies to address them
  • Shares specialized knowledge of exposures for industry or market segments
  • Persuades customers in a preferred direction
  • Demonstrates the ability to influence the decision-maker/buyer
  • Builds and leads effective client teams
  • Negotiates advanced coverage issues
  • Solicits customer feedback and brings resolution to issues
  • Products training guidance and acts as a referral source on coverage and pricing
  • Demonstrates advanced selling skills
  • Coaches and develops staff on client management


Verus operates in a fast-paced environment that requires the ability to manage multiple, complex assignments and competing priorities. Candidates must be comfortable working in an ambiguous and dynamic environment.

  • Four (4) year College Degree, or commensurate experience and training (Risk Management preferred).
  • Minimum of 10 years’ commercial lines underwriting experience.
  • Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution.
  • CPCU, ASLI, AU and other Professional designations preferred.
  • Experience writing supported excess is preferred


Additional Company Details

We do not accept any unsolicited resumes from external recruiting 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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