What are the responsibilities and job description for the Senior Underwriter position at Gramercy Risk Management?
Senior Commercial Underwriter (HYBRID)
Uniondale, NY
PURPOSE:
Gramercy Risk Management is seeking a Senior level Commercial Underwriter to join our expanding company. The Senior Underwriter role is responsible for reviewing and evaluating renewal accounts in accordance with established underwriting guidelines and will have new business responsibilities.
We are in search of a candidate to be full-time with prior insurance industry experience, construction experience preferred. Currently, we look to fill the position in our main office, with some remote capability (3 days in office, 2 WFH). We are flexible to those candidates interested in full remote work if they outside of a 30 mile radius to our headquarters.
Responsibilities include but are not limited to the following:
- Develop and maintain a strong working knowledge of company underwriting guidelines, coverage forms, enhancements, rating plans, and workflow.
- Determine eligibility of individual accounts based on company underwriting guidelines.
- Effectively uses underwriting information such as inspection reports, claims history, and commercial applications, and supplemental information collected to make appropriate underwriting decisions on individual accounts.
- Evaluate underwriting information on individual accounts to determine appropriate terms and conditions to be offered.
- Responsible for maintaining and developing strong business relationships with appointed brokers.
- Meet or exceed all company service standards for underwriting and processing commercial lines applications, endorsements, renewal policies, and new business policies.
- Train assistant underwriters as needed.
REQUIREMENTS
- College degree
- 6-10 years of Underwriting experience
- Current commercial multi-line (package) experience; experience in underwriting construction business is preferred.
- Excellent interpersonal, negotiation, and time management skills.
- Strong computer skills, including Microsoft Outlook, Word and Excel. Adept at learning new computer skills and programs.
- Knowledge of IMS and /or Net Rate helpful
- Exhibits sound judgment and decision making as per company underwriting guidelines & philosophy.
- Achieved or in process of achieving a professional designation such as CPCU, CIC, ARM is a plus
GRAMERCY RISK MANAGEMENT
Gramercy Risk is a rapidly growing New York-based property & casualty insurance company focused on developing and managing programs for specialty classes of business. We take pride in our comprehensive and integrated approach to analyzing and managing risk. Gramercy has extensive in-house experience in the areas of underwriting, claims and litigation management, loss control and risk management, regulatory and compliance, coverage analyses, and business management.
The compensation package includes salary commensurate with levels of skills and experience, a comprehensive benefit package including but not limited to:
- Medical
- Dental/Vision- Employer paid premium
- STD, LTD, Life Insurance
- 401k with employer match
- PTO and 12 paid holidays
Salary range: $140,000-160,000 annually
Salary : $140,000 - $160,000