Jobs Companies Coaction Specialty Insurance Group Senior Property Underwriter

About this Senior Property Underwriter role at Coaction Specialty Insurance Group

Coaction Specialty Insurance Group · Onsite · Morristown, NJ

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.

Job Description:

Coaction is currently building out a unit in the Commercial E & S Property space. We are looking for talented and driven underwriting candidates to help us achieve our growth and profitability goals. The Underwriter will be responsible for developing and managing a book of profitable Commercial E&S Property business. The candidate will also be responsible for building and maintaining effective relationships with our select wholesale distribution partners. Finally, as with all Coaction employees, they will be responsible for helping generate and execute true differentiated coverage and services the unit.

Responsibilities:

  • Account level evaluation, application of terms and price selection

  • Underwrites within established program guidelines and or underwriting authority

  • Works with Home Office Underwriting and distribution to define program parameters

  • Sells the product/program advantages of Coaction in such a way as to differentiate Coaction from its competitors

  • Works in conjunction with the Home Office Underwriting team to audits our distribution partners

  • Manages assigned books or Programs so as to build sustainable long term relationships

  • Drives product/service/selection/pricing innovation for assigned book or Program

  • Works with actuarial to best understand trends within the book or program and how to react accordingly

  • Ultimately rewarded for building a growing portfolio that is profitable and sustainable over the long term

Qualifications:

  • Previous underwriting experience with an established book and broker relations required

  • South east coast (Georgia or Florida) wholesale broker relations preferred

  • Bachelor’s Degree preferred in business or a related field

  • Strong knowledge of the Microsoft Suite with specific emphasis on Excel

  • Superior communication and organizational skills

  • Strong customer-oriented product management skills

  • CPCU or ARM preferred

  • You have demonstrated the ability to articulate a vision for your line of business and the necessary skills to prioritize what is required to accomplish it

  • You have an excellent ability to consult, influence, and manage business partners. Ability to drive efforts and projects through relationships and a broad knowledge base.

  • You demonstrate personal accountability and integrity, and an ability to build strong, productive relationships across business.

  • Strong track record of solving complex problems, designing creative strategies, and delivering significant impact as a manager and a leader. You challenge the status quo to dig deep to get to the root cause of any issue.

  • You have strong decision-making skills, with ability to articulate the reason behind the decision and think on your feet.

  • You rely on data to make decisions.

  • You are a credible source of information and could challenge and influence decision makers with your excellent verbal and written communication skills.

  • You are a self-starter, who requires little management to get things done.

  • You thrive in an entrepreneurial role, where hard work, rolling up your sleeves, grit and determination come naturally, and producing great results is your primary motivator.

Salary range specific to for this role : $116,000-$152,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications.  In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.

If your application is selected, you will receive an email directly from the Coaction Recruiting Team at [email protected] asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.

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How this Underwriter salary compares

This role pays $134,000/yrin line with the typical range for Underwriter roles.

$127,120 median $133,000 $149,895

Typical range $131,500–$142,538/yr, from 8 comparable Underwriter listings on JobsRadar (pay annualized to USD). See Underwriter salary insights →

About Coaction Specialty Insurance Group

Coaction Specialty Insurance Group (Coaction) is a privately-owned, specialty property and casualty (P&C) insurance company headquartered in Morristown, New Jersey, with additional offices in Glendale, California, and New York City. Founded in 2009 as ProSight, the company completed a go-private transaction with investment management firm, TowerBrook Capital Partners (TowerBrook), and private-equity firm, Further Global Capital Management (Further Global), in August of 2021. Today, Coaction is a full specialty underwriter across five major product verticals: property, casualty, entertainment, executive liability, and multi-line. Through these verticals, Coaction provides a range of coverages

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