Renewal Underwriter - Seneca Custom Property MA at Crum & Forster

Morristown, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

28 May, 26

Salary

115700.0

Posted On

27 Feb, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Renewal Pre-qualification, Broker Solicitation, Terms Negotiation, Pricing, Retention, Growth Management, Profitability Analysis, Exposure Analysis, Hazard Assessment, Underwriting Discipline, Authority Management, File Documentation, Loss History Verification, Risk Quality Assessment, Compliance, Loss Prevention

Industry

Insurance

Description

Crum & Forster Company Overview 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+"(Superior) 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 2024 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. Job Description Custom Property Massachusetts – Renewal Underwriter (Can be in Morristown NJ or Boston MA) Responsibilities: Has responsibility for renewal pre-qualification to determine if non-renewal, conditional non-renewal or other notice needs to be issued. Solicit renewal information from brokers 90 days out from expiration Handle all aspects of renewal business, including terms, pricing, retention, growth and profitability per Seneca guidelines. Analyze any changes in exposures to determine acceptability and increased hazards. Use independent judgement and initiative to support business goals. Maintain underwriting discipline by maintaining bottom line underwriting philosophy Remain within designated authority and seek approval as needed Document files appropriately with complete underwriting thought process Verify loss history and consult claims division for feedback prior to evaluating renewal terms, if necessary. Assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions. Develop and maintains effective business relationships with clients in order to retain profitable business Place reinsurance according to corporate guidelines Requirements: 1+ years of Insurance Experience with focus on Property. Strong communication, negotiation and organizational skills required. College degree or equivalent experience is preferred. ARM and CPCU designations are a plus. Position Location: This position would ideally be located in: Morristown, NJ Boston, MA Other office locations would be considered What C&F will bring to you 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 $78,900 to a maximum of $115,700. 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. #LI-JA1 #LI-Hybrid

Responsibilities

The underwriter is responsible for renewal pre-qualification, issuing necessary notices, and soliciting renewal information from brokers 90 days out. They must handle all aspects of renewal business, including pricing, retention, and profitability according to company guidelines.