At DUAL North America, our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.
The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.
DUAL North America, Inc. is seeking a
Sr. Underwriter Marine
Classification: exempt/ full-time
• Reports to: AVP Underwriting, Energy
• Location: Philadelphia, PA, Hybrid
• Travel: up to 25%
• Salary: $115,000.00-$130,000.00
Role overview
DUAL North America, Inc. is seeking a Sr. Underwriter, Marine to join its subsidiary DUAL Energy. This role will work on renewal policies and new business submissions for servicing the retail and wholesale segments.
Duties include reviewing leading and growing the group via submissions, rating, quoting, binding new and renewal business, servicing existing business. From the business side, the individual will be responsible for budgeting, potential carrier / reinsurer negotiations and maintaining the P&L.
Our program operates under an underwriting authority agreement with our carrier partners and the underwriter will be familiar with that document and work within the confines of the agreement. The leader will work closely with referral underwriters to make submissions on business that falls outside of the authority agreement.
Role responsibilities
New Business:
• Analyze new submission submissions for acceptability. Review applications, loss runs, websites, safety plans, etc.
• Communicate declination or need for additional information to broker/agent.
• Determine if accounts are a fit for our in-house authority or if referral is required.
• Complete thorough, accurate, detailed underwriting notes to document the uw’s though process
• Submit clear, detailed referrals to Nationwide (when required)
• Generate quote documents and send to broker/agent
• Generate binder/invoice and sent to broker/agent
• Handle post-bind concerns and ongoing account questions and routine service
• Create complete files
Renewal business:
• Review renewal accounts 90 days from effective to determine eligibility for renewal
• Solicit renewal information from agent/broker
• Determine if accounts are a fit for our in-house authority or if referral is required.
• Complete thorough, accurate, detailed underwriting notes to document the uw’s though process
• Quote renewal using in-house authority or refer if necessary
• Bind/invoice renewal
• Handle post-bind concerns and ongoing account questions and routine service
Audits:
• Assist auditors with contact information for agent/broker and insured
• Provide auditor information to the agent/broker
• Handle audit disputes and facilitate communication between the insured and Nationwide
Collaboration:
• Work with other business units to solicit Workers Compensation business
• Work closely with other departments such as claims, actuarial, and loss prevention to enhance underwriting decisions and risk management strategies
Marketing:
• Identify and pursue opportunities for growth, including new products, markets, and distribution channels
• Stay informed about market trends, industry developments, and regulatory changes affecting marine insurance
Key requirements
• 5-10 years’ experience with marine underwriting required
• Bachelor’s Degree in Business, Risk Management or another related field
• Established broker relationships and the ability to drive business independently
• Strong technical skills and underwriting judgment
• Team-oriented mindset with the ability to collaborate cross-functionally
• Strong analytical and decision-making skills
• Excellent communication and negotiation abilities.
• Ability to interpret policy wordings and assess exposures effectively
• Ability to work both independently and collaboratively within a team
What we offer:
A career that you define. Yes, we offer all the usual rewards and benefits - including medical, dental, vision, a wide variety of wellbeing offers, competitive salary, unlimited PTO, 401k with company match, paid volunteer days and more.
We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.
EEO Statement:
We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. DUAL North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. DUAL will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.