Senior Underwriter

About The role

The Lynx Specialty Senior Underwriter is responsible for developing and maintaining a profitable book of business within loss ratio and premium volume targets. As a Senior Underwriter, you will play a crucial role in assessing and evaluating risk, underwriting insurance policies, and providing expert guidance to clients and colleagues.

What You'll Do

• Collect, review, and analyze an applicant’s relevant history and records.
• Obtain additional information about an applicant as necessary to determine eligibility and pricing.
• Determine level of risk, premium costs, and deductibles.
• Negotiate and define terms of insurance policies with brokers.
• Assist with the development and enforcement of underwriting rules and guidelines with the objective of maximizing productivity and underwriting consistency.
• Conduct comprehensive risk assessments by analyzing insurance applications, underwriting guidelines, and supporting documents to determine the insurability and associated risks.
• Review and underwrite complex insurance policies, ensuring compliance with company policies and regulatory requirements.
• Evaluate financial statements, loss history, and other relevant data to assess the financial stability and viability of clients.
• Utilize underwriting guidelines, actuarial data, and market trends to determine appropriate pricing and rating structures for insurance policies.
• Collaborate with brokers, agents, and clients to negotiate terms, conditions, and pricing of insurance policies, while maintaining positive relationships and providing exceptional customer service.
• Prepare and issue accurate policy documentation, including policy wordings, endorsements, and other related documents, ensuring clarity, accuracy, and compliance.
• Provide risk management recommendations and advice to clients, including suggestions for loss prevention, safety measures, and risk mitigation strategies.
• Stay updated on industry trends, regulatory changes, and emerging risks in the sector to effectively assess and adapt underwriting strategies.
• Mentor and guide junior underwriters, providing support, training, and sharing industry expertise to promote professional development and overall team success.
• Ensure compliance with internal underwriting guidelines, regulatory requirements, and industry best practices, maintaining the highest standards of ethics and professionalism.

Required Qualifications

• Bachelor's degree
• 3-5 + years of experience in insurance underwriting, including E&S Property underwriting experience
• Working knowledge of MS Word, Excel, PowerPoint
• Ability to travel up to 10% of the year.

Skills

• Excellent verbal and written communication skills, including ability to effectively communicate with internal and external customers.
• Must demonstrate self-motivation, dependability, as well as strong problem solving and analytical skills.
• Ability to manage multiple priorities and meet deadlines.

This is NOT a remote position. You must live in the United States (Cincinnati, OH area) and be authorized to work in the United States without requirement of employment sponsorship/visa.