Job Description
Apex Risk Solutions is a leading innovator in the insurance industry, dedicated to protecting what matters most. We are currently seeking a highly skilled and strategic Senior Insurance Underwriter to join our elite underwriting team in New York City. In this pivotal role, you will be responsible for evaluating complex risk profiles, setting competitive premium rates, and ensuring the long-term financial health of our diverse portfolio.
At Apex, we believe in empowering our team members with cutting-edge tools and a culture of collaboration. You will work closely with actuaries, claims adjusters, and brokers to develop underwriting guidelines that drive profitability while maintaining exceptional customer service standards.
Responsibilities
- Analyze complex insurance applications and risk factors to determine coverage terms, conditions, and premium rates.
- Manage a portfolio of accounts, ensuring adherence to company underwriting guidelines and regulatory requirements.
- Review and negotiate terms with brokers and agents to secure profitable business.
- Mentor junior underwriters, providing guidance on technical underwriting principles and risk assessment strategies.
- Collaborate with the Actuarial team to forecast reserve requirements and analyze loss trends.
- Develop and maintain relationships with key distribution channels and brokers.
- Conduct regular portfolio reviews to identify opportunities for improvement and risk mitigation.
Qualifications
- Bachelor’s degree in Business, Finance, Risk Management, or a related field; Master’s degree preferred.
- Minimum of 5-7 years of experience in Property and Casualty (P&C) or Commercial Insurance underwriting.
- Valid state insurance license (NY or equivalent) required.
- Strong analytical skills with the ability to interpret data and make sound risk-based decisions.
- Excellent communication and negotiation skills, with the ability to articulate complex concepts to diverse audiences.
- Proficiency in underwriting software (e.g., Duck Creek, Guidewire, or similar).
- Deep understanding of industry regulations, market trends, and competitive landscape.