Sr. Underwriter/AVP, E&O

AVP – E&O, Renewal Lead Lawyers Professional Liability and Miscellaneous E&O

Overall Job Objectives :

Underwrite and manage renewal errors & omissions portfolios for Lawyers Professional Liability (LPL) and Miscellaneous E&O products on a national basis

Duties and Responsibilities :

• Analyze and evaluate errors and omissions accounts for LPL and Misc. E&O
• Analyze potential clients and present evaluations at daily group discussions
• Maintain, develop, and support broker relationships throughout the country
• Manage and distribute renewal assignments across products every month
• Maintain a renewal retention rate of at least 90%
• Manage and develop staff, including new underwriters as the group grows
• Attend appropriate training sessions and conferences when deemed appropriate
• Assist with special projects as needed under supervision of management
• Compliance with underwriting guidelines, systems and procedures
• General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations
• Seek input from Actuarial Department to set process specific accounts when appropriate
• Liaise with Claims Department on any specific claim activity and overall market claims concerns, which could potentially affect profitability
• Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
• Marketing – attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key brokers regularly to discuss production, service and other topics relative to division operations
• Stay current with respect to major industry issues and developments
• Provide specific reports as needed by senior staff
• Other duties as assigned