What are the responsibilities and job description for the Underwriter, Property position at Starr?
Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Duties and Responsibilities of the Position:
Duties and Responsibilities of the Position:
- Solicit and review new and renewal property submission from various production sources
- Analyze submitted documentation according to company underwriting standards and guidelines and request additional information.
- Subject to written underwriting authority prepare and present quotation terms and conditions as submitted.
- As regards quoted terms or conditions outside underwriting authority, prepare written referral document and submit for approval to appropriate authority.
- Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
- Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
- Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
- Review and approve final bound policy terms prior to mailing to broker/client in accordance with underwriting standards and guidelines.
- Prepare and approve file documentation in accordance with file documentation procedures.
- Prepare various Home Office reports as requested or required.
- Other duties as may be assigned by manager
- 3-5 years of commercial property underwriting experience and marketplace knowledge
- Handle multiple tasks and prioritize
- Strong MS Word, Excel, Outlook skills
- Travel will be necessary
- Analytical mind and customer service oriented
- Ability to work in a team environment
- Excellent organizational skills
- Salesmanship attributes