Senior Underwriter
Job description
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service — both pre-and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Ascot is seeking a casualty underwriter with established wholesale broker relationships to join our E&S Casualty team. We are looking for a highly collaborative underwriter with an entrepreneurial spirt. The position will report to the Senior Vice President of E&S Casualty.
Locations Preferred: Chicago & Dallas
ESSENTIAL FUNCTIONS AND BASIC DUTIES:
- Grow and maintain profitable book of business through execution of individual risk underwriting and adherence to the strategic plan of the unit.
- Work independently within delegated underwriting authority and make referrals as required.
- Expand portfolio of business by developing or expanding relationships with new and existing wholesale brokers.
- Provide superior service to brokers and clients and create visibility through consistent engagement with trading partners.
- Stay current on competition, underwriting environment, and market conditions and share that knowledge with colleagues and leadership.
EXPERIENCE AND SKILLS REQUIRED:
- A minimum of 3 years relevant casualty underwriting experience. Prior experience with General Liability, Excess Liability, and Commercial Auto preferred.
- Established wholesale broker relationships in the US.
- Advanced knowledge of underwriting concepts, practices, and procedures.
- In-depth technical knowledge of casualty insurance coverage and pricing across a variety of classes.
- Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
- Strong organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
- Commitment to provide superior service to customers and clients.
- Ability to travel up to 25%.
***This position may be filled at a different level, depending on experience***
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: $110,000 - $140,000.
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Retirement Benefits: Contributory Savings Plan (401k)
Job Type: Full-time
Pay: $110,000.00 - $140,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Tuition reimbursement
- Vision insurance
Physical setting:
- Office
Schedule:
- 8 hour shift
Supplemental pay types:
- Bonus pay
Work Location: Remote
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