Job: Senior Underwriter, Commerical Property

Company:	Canada- Starr Tech		Location:	Canada
Department:	Underwriting		State/Territory:
Employment Duration:	Full time		Travel:	Up to 30%
FLSA Status:	Exempt		Last Updated:	11/18/13 3:08 PM
Description
Position Overview The Property Underwriter will be responsible for the soliciting, underwriting and negotiating of terms and conditions of all lines of Property, Builders Risks and certain Inland Marine business. Business will be conducted with both retail and wholesale brokers throughout Canada. Essential Job Functions Solicit and review new and renewal property submissions from various production sources throughout Canada. Analyze submitted documentation according to company underwriting standards and guidelines and request additional information i.e. , engineering reports, CAT modeling, etc as needed or required. 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 Starr Tech underwriting standards and guidelines. Prepare and approve file documentation in accordance with Starr Tech file documentation procedures. Prepare various Home Office reports as requested or required. Requirements Candidates should 10+ years of commercial property underwriting experience. Strong communication and analytical skills are essential. Ability to handle multiple tasks and prioritize. Computer skills with knowledge of MS Excel spreadsheets and MS Word are necessary. Strong negotiating skills along with the ability to work out alternative solutions to sometimes difficult problems will be highly valued. Familiarity with manuscript policy forms and /or endorsements, large deductible or layered programs, and excess of loss scales or CAT modeling will be greatly desired. 30% Travel will be necessary.
Company Description: Starr Companies, comprised of C.V. Starr & Co., Inc. (C.V. Starr) and Starr Insurance Holdings, Inc., is a global, privately held, insurance, financial services, and investments organization. Starr's insurance agencies write specialty lines covering aviation, marine, energy, property and excess casualty insurance, including risks with international exposures and provide a broad spectrum of value-added specialized services, including claims handling and settlement, risk assessment and loss prevention. Starr's insurance companies, Starr Indemnity & Liability Company and Starr Surplus Lines Insurance Company, provide high-quality, customized property and casualty and accident and health insurance products, with significant access to the excess and surplus marketplace for certain lines of business. These companies also provide loss control, claims, administrative and reinsurance services to their policyholders.
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