Full-Time

Underwriter

Posted on 12/31/2024

Core Specialty

Core Specialty

Financial Services
Aerospace
Healthcare
Consumer Goods

Compensation Overview

$65k - $85kAnnually

Mid

No H1B Sponsorship

Jackson Township, NJ, USA

Hybrid position with some in-office requirements.

Category
Insurance
Finance & Banking
Requirements
  • Strong underwriting service skills as demonstrated by rapid responses (“quick yes” and “quick no”)
  • Strong ability to multi-task by handling emails, LiveChats, and phone calls
  • Highly motivated and results-oriented
  • Willingness to be flexible, learn on the job, and maintain a positive attitude
  • Strong collaboration skills
  • Strong verbal and written communication skills
  • Strong problem-solving skills
  • Knowledge of Property-Casualty Insurance industry
  • Knowledge of Excess Casualty underwriting practices, coverage & pricing/rating methodologies
  • Knowledge of insurance company operations
  • Solid understanding of policy wordings and clauses
  • Understanding of pricing/underwriting tools
  • Up-to-date knowledge of the insurance market environment
  • 2 to 3 years in the Casualty marketplace (Underwriting or Brokerage)
  • Experience working with support services, including IT and operations
  • Bachelor's Degree or equivalent experience
Responsibilities
  • Communicate Core Specialty’s risk appetite to brokers
  • Rapidly complete a targeted risk evaluation for each referral and promptly relay the proper underwriting position
  • Negotiate pricing, terms & conditions, and deal structure with brokers based on underwriting guidelines
Desired Qualifications
  • Knowledge of Property-Casualty Insurance industry (Preferred)
  • Knowledge of Excess Casualty underwriting practices, coverage & pricing/rating methodologies (Preferred)

Company Stage

M&A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital platforms boosts Core Specialty's insurtech growth potential.
  • Cyber insurance market growth presents significant opportunities for Core Specialty.
  • AI integration in underwriting improves Core Specialty's risk assessment and efficiency.

What critics are saying

  • Competition from Corvus Insurance may impact Core Specialty's tech and cyber market share.
  • Merger integration challenges with Lancer Insurance could affect service delivery.
  • Reliance on AllDigital's technology may lead to operational disruptions.

What makes Core Specialty unique

  • Core Specialty's partnership with AllDigital enhances digital policy issuance efficiency.
  • The merger with Lancer Insurance expands Core Specialty's market reach and capabilities.
  • Investment in Gramercy Risk strengthens Core Specialty's specialty insurance offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Employee Assistance Plan

Health Savings Account/Flexible Spending Account

Wellness Program

INACTIVE