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Assistant Underwriting Manager

Starr Insurance
Los Angeles, CA Full Time
POSTED ON 12/3/2024 CLOSED ON 1/2/2025

What are the responsibilities and job description for the Assistant Underwriting Manager position at Starr Insurance?

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Position Overview

In conjunction with the Technical Risk Property Regional Manager, responsible for the development, execution and achievement of the unit’s business plans.

Essential Job Functions

  • Oversee marketing plan to ensure unit underwriter/broker engagement in the six major business centers within the Western Region.
  • Develop new & maintain existing producer contacts through regular producer visits.
  • Have responsibility for monthly reporting of Technical Risk Property’s rate activity and reporting of key prospect accounts.
  • Assist regional manager in the development of annual budgeting plans and forecasting
  • Assist field office underwriters with underwriting referrals when the regional manager is out of office.
  • Manage a book of Technical Risk accounts in accordance with Starr Tech’s underwriting standards.
  • Review profitability and discuss/propose corrective action plans for underperforming accounts in the portfolio.
  • Identify and underwrite new business accounts in accordance with Starr Tech’s underwriting standards.

Job Requirements

  • 4 to 10 years of experience in the Technical Risk/Large property insurance LOB.
  • Excellent interpersonal skills
  • Strong written and verbal skills
  • Comfortable with change and new technologies. Strong analytical skills, especially Excel.

For individuals assigned and/or hired to work in California, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $140,000-$170,000.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Salary : $140,000 - $170,000

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