Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Job Summary:
We are seeking a highly skilled and experienced Sr. Underwriter to join our Inland Marine team. The successful candidate will be responsible for underwriting and managing a portfolio of inland marine risks, ensuring profitability and growth in line with Starr Insurance's strategic objectives. This role requires a deep understanding of inland marine insurance products, strong analytical skills, and the ability to build and maintain relationships with brokers and clients.
Key Responsibilities:
- Evaluate, select, and underwrite new and renewal inland marine risks in accordance with company guidelines and underwriting authority.
- Analyze risk exposures, loss history, and other relevant information to determine appropriate coverage, terms, and pricing.
- Develop and maintain strong relationships with brokers, agents, and clients to drive business growth and retention.
- Collaborate with other underwriters, claims professionals, and risk control specialists to ensure comprehensive risk assessment and management.
- Monitor market trends, industry developments, and competitor activities to identify opportunities and threats.
- Provide mentorship and guidance to junior underwriters, fostering a culture of continuous learning and professional development.
- Prepare and present underwriting reports, proposals, and recommendations to senior management.
- Participate in underwriting audits, reviews, and other quality assurance activities to ensure compliance with company standards and regulatory requirements.
- Contribute to the development and implementation of underwriting strategies, policies, and procedures.
Qualifications:
- Bachelor's degree in Business, Finance, Insurance, or a related field.
- Minimum of 5 years of underwriting experience in inland marine insurance.
- Strong knowledge of inland marine insurance products, coverages, and market conditions.
- Proven track record of underwriting profitable business and achieving growth targets.
- Excellent analytical, decision-making, and problem-solving skills.
- Strong interpersonal and communication skills, with the ability to build and maintain effective relationships.
- Proficiency in underwriting software and Microsoft Office applications.
- Professional designations such as CPCU, ARM, or AU are preferred.
- Ability to work independently and as part of a team in a fast-paced environment.
What We Offer:
- Competitive salary and performance-based incentives.
- Comprehensive benefits package, including health, dental, and vision insurance.
- Retirement savings plan with company match.
- Opportunities for professional growth and development.
- A collaborative and inclusive work environment.
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Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
