New Job Opening: Casualty Binding Production Underwriter - New York in New York, NY

Job Description

Commercial Lines Casualty/Excess Casualty Production Binding Underwriter

Job Summary

Seeking experienced and driven Commercial Lines Casualty/Excess Casualty Production Binding Underwriters to join a growing team. This role is focused on new business production, offering an exciting opportunity for professionals with strong marketing capabilities, proven sales acumen, and the ambition to build and grow a book of business from the ground up. If you are currently managing your own book of record (BOR) or are ready to transition into a production role, we encourage you to apply.

Compensation Package

• Base Salary: $80,000 – $125,000 (potential to exceed $135,000 for candidates with a significant book of business and strong relationships).


• Bonus Structure (Commission-Based):
  
  
  
  • Eligibility begins once the producer generates 2x their base salary in revenue and covers support staff costs.
  
  
  • Example: A $100,000 base salary requires $200,000 in revenue (~$2M GWP) to qualify for commission.
  
  
  
  


• Equity Participation: Opportunity for future equity participation in a privately held company.


• Comprehensive benefits package, including support for licensure costs.

Responsibilities

• Build, maintain, and grow a book of business.


• Manage agency relationships and serve as the primary client contact.


• Develop and execute a marketing plan to increase new and renewal business.


• Rate, quote, and bind risks to determine acceptability, coverage, and pricing for both new business and renewals.


• Submit underwriting referrals to company brokerage facilities and management.


• Monitor key performance metrics and implement corrective actions to improve new business hit rates, renewal retention, premium growth, and loss ratios.


• Lead, train, and develop Assistant and Associate Underwriters or Brokers.

Qualifications/Requirements

• Bachelor’s degree or equivalent combination of education and experience.


• Minimum of 3 years of commercial lines underwriting or brokerage experience (excess & surplus experience preferred).


• Demonstrated proficiency in sales and marketing.


• Proven organizational skills with strong attention to detail.


• Interest in continued education and professional development.


• Insurance license, CPCU, CIC, or comparable designations preferred.

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