Executive Underwriter – Casualty Excess & Surplus

🔥 0 minutes ago

🏄 California, Minnesota – Remote

🏄 California – Remote ❄️ Minnesota – Remote

💵 $175k - $250k / year

⏰ Full Time

🟠 Senior

🔴 Lead

👔 Executive

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Palomar

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 2014

💸 Finance

🤝 B2B

💰 $105.6M Post IPO equity on 2024-09

Finance • B2B

Palomar is a specialty property and casualty insurance company that provides creative insurance solutions for commercial and residential clients. It underwrites a broad range of specialty products—including earthquake, inland marine and property, casualty (including E&S and healthcare liability), environmental liability, surety, builders risk, motor truck cargo, fronting programs, and crop/hurricane coverage—while serving agents, brokers, policyholders and investors. The company emphasizes innovation, sustainability, and digital services (insured portal, producer tools) to support growth and operational efficiency.

📋 Description

• Select, price, quote and review new & renewal business in accordance with company underwriting guidelines and experienced, underwriting judgment • Independently work with wholesale distribution channels to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability. • Identify, develop, and maintain strong business relationships to drive consistent opportunities for new business placement, as well as retain existing accounts. • Specific experience or fundamental ability to present & defend book dynamics/profile in reinsurance treaty meetings. • Utilize facultative relationships/capacity to maintain prescribed net positions with the Palomar E&S portfolio. • Be well versed in underwriting Primary and Excess Construction and/or Excess Non-construction risks in the E&S space. • Evaluate reinsurance requirements and implement appropriate action, including treaty adherence and facultative solutions. • Assist in the mentoring/coaching of junior underwriters. • Share industry specific knowledge with underwriters of all levels while performing as a technical underwriting resource. • As a unit leader, set the example of expected performance by producing new business in addition to the required product management duties. • Actively continue to improve personal knowledge and practices of the insurance industry through work experience, in-house instruction, insurance specific designations (e.g., CPCU), industry courses, home office seminars and workshops, etc. • Assist in the Junior Underwriter mentoring process.

🎯 Requirements

• 15+ years of insurance experience specifically underwriting in the E&S environment • CPCU and/or ARM professional insurance designation strongly preferred. • Entrepreneurial spirit and not risk adverse • Keen ability to “think outside of the box” • Able to quickly establish and build functional working relationships. • Drives for results and takes initiative to help support the team. • Ability to quickly learn and work in various technical platforms. • Professional, analytical, and adaptable attitude. • Willing to travel nationally for reinsurance and wholesale partner development. • Ability to organize, self-prioritize, and be an initiative-taker in a challenging environment with demanding internal and external deadlines.

🏖️ Benefits

• Full Suite of Medical Benefits • Long Term Financial Incentives – STOCK! • 401k with 3.5% Automatic Fully Vested Employer Contributions • Competitive PTO + Holiday Program • Lifestyle Spending Allowance • Professional Development Assistance • Career Exploration Opportunities • Regular company-wide social events (even virtually!)