Job description
Engineering Lines Executive Underwriter
Job Summary
Seeking a highly skilled and experienced Engineering Lines Executive Underwriter to join a dynamic underwriting team. This role is pivotal in driving profitable portfolio development across engineering lines through technical expertise, disciplined underwriting, and strategic client engagement. The ideal candidate will have a strong background in Engineering Lines and Builders Risk underwriting, coupled with exceptional negotiation and relationship-building skills.
Compensation Package
- Base Salary Range: $150,000 - $250,000 (commensurate with experience, education, and location).
- Performance-Based Annual Bonus: Eligible for a competitive bonus structure.
- Comprehensive Benefits Package:
- 401(k) with company match
- Paid Time Off and Sick Leave
- Medical Insurance with Health Reimbursement Arrangement (HRA)
- Telemedicine and Wellness Program
- Employee Assistance Program (EAP)
- Dental and Vision Insurance
- Accident & Critical Illness Insurance
- Flexible Spending Account (FSA) and Dependent Care FSA
- Group and Voluntary Life Insurance
- Short- and Long-Term Disability Insurance
- Pet Insurance
- Transit and Parking Benefits
Responsibilities
- Underwrite Engineering Lines and Builders Risk products, including CAR/EAR, Electronic Equipment, CPM/CPE, Machinery Breakdown, and ALOP/DSU, within delegated authority.
- Negotiate terms, conditions, and pricing to ensure sustainable profitability.
- Build and maintain strong relationships with brokers and clients, representing the company at meetings and industry events.
- Identify new business opportunities and support strategic growth initiatives.
- Monitor and manage portfolio performance, implementing corrective actions as necessary.
- Ensure compliance with underwriting guidelines, pricing tools, and governance standards.
- Collaborate effectively within a global team environment.
- Mentor junior underwriters and contribute to product development and market strategies.
Qualifications/Requirements
- A minimum of 8 years of experience in Engineering Lines and Builders Risk underwriting.
- In-depth knowledge of CAR/EAR projects, CPE/CPM, DSU, and Machinery Breakdown risks.
- Proven ability to analyze complex risks and make sound underwriting decisions.
- Strong negotiation, communication, and relationship-building skills.
- Existing network and experience with brokers and clients in the Central US region is highly desirable.
- Experience working with large industrial clients and multinational programs is a plus.
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