Underwriter II - Seneca Custom Property, Philadelphia Profit Center - Crum & Forster

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work^® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization.  For more information about Crum & Forster, please visit our website: www.cfins.com.

Custom Property – Underwriter II

Responsibilities:

- Review submissions as they come in and determine if acceptable within our risk appetite (High complexity risk selection/rejection)

- Maintain underwriting discipline by maintaining bottom line underwriting philosophy

- Remain within designated authority and seek approvals as needed

- Documenting files appropriately with complete underwriting thought process

- Manage assigned clients efficiently including:

• Regular production visits
• Quarterly review of assigned brokers’ profitability
• Identification to Profit Center Manager of potential broker conflicts & successes
• Assist in developing annual business goals for assigned agents/producers.
• Responsible for analyzing results and maintaining accountability of agency partners within the branch.
• Focus on service and being responsive.
• Work jointly with other profit centers within the organization as needed to promote consistency

                                               
- Review Renewals 90-120 days prior to expiration

- Determine type of Notice to be sent: NONR; Conditional Renewal

- Identify if risk is a referral to Profit Center Manager, SVP or CUO

- Present Concerning renewals for referral at least 30 days before inception

- Review Modeling if appropriate to determine if there have been any changes in risk cat load

- If an admitted renewal send to the appropriate office for rating through the system determine whether we are in compliance with filed rates

- Verify claims information from year prior

- Verify all subjectivities received and documented

- Verify loss control compliance if applicable

- Review New Business and underwrite within the confines of Custom Property risk appetite

- Participate in training and initiatives to develop underwriter trainees

- Keep abreast of market trends, competition philosophy, products and distributions systems

- Attend industry events

- Exhibits working knowledge of other departments and how each department supports Underwriting (Claims,
Accounting, Finance, etc.)

- Established knowledge of treaty capacity (FAC RE)

- Place reinsurance according to corporate guidelines

Requirements:

- 3 to 5 years of Property Underwriting experience

- Experience working with wholesale brokers

- Excellent technical and marketing skills required

- Knowledge of market and regulatory environment

- Strong communication, negotiation, customer service, relationship, and organizational skills are required

- College degree or equivalent is preferred, and ARM, CPCU and MBA designations are a plus

Position location:  Remote location anywhere within Mid Atlantic Region (NJ, DE, MD, VA, eastern PA)

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

For California Residents Only:  Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.  Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $82,900 to a maximum of $121,600. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

• Flexible work arrangements.
• Competitive compensation package.  
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
• A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.

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