Senior Underwriter

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K2 Insurance Services

WebsiteLinkedInAll Job Openings

501 - 1000 employees

🤝 B2B

💸 Finance

Insurance • B2B • Finance

K2 Insurance Services is a leading provider of specialty insurance solutions, founded by experienced veterans in the insurance industry. The company focuses on program innovation, integrity, and customer-centricity, distributing innovative products through various channels including direct, retail, and wholesale. With a commitment to underwriting profitability and long-term stability, K2 serves brokers, carriers, reinsurers, and MGAs, developing unique programs to protect what matters most to their clients and partners.

📋 Description

• 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 • 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

🎯 Requirements

• 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 • 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

🏖️ Benefits

• competitive pay • bonus plan • medical, dental, and vision insurance • paid time-off in of hire • 401(k) with employer match