FI Underwriting Manager
Apply NowCompany: Starr Insurance Companies
Location: New York, NY 10025
Description:
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.
Responsibilities
Qualifications:
For individuals assigned and/or hired to work in New York, 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 $150,000-$200,000
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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.
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.
Responsibilities
- Conduct comprehensive risk assessments for financial and professional lines submissions on all types of Financial Institutions.
- Evaluate complex financial transactions, analyzing legal and financial documents to ensure accuracy and compliance.
- Collaborate with brokers, clients, and internal teams to gather necessary information and negotiate terms.
- Develop and maintain strong relationships with clients and industry professionals to stay abreast of market trends.
- Utilize underwriting guidelines and pricing models to determine appropriate coverage, pricing structures and assist in product development.
- Lead underwriting meetings, manage junior underwriters, and contributing to team development.
- Stay informed about regulatory changes and industry developments that may impact underwriting decisions.
Qualifications:
- Bachelor's degree in Business, Finance, or a related field; advanced degree or industry certifications are a plus.
- Minimum of 5 years of experience in commercial insurance underwriting, with a focus on Financial Institutions and .
- Strong analytical skills and attention to detail with the ability to assess complex financial and legal documents.
- Excellent communication and negotiation skills, with the ability to interact effectively with clients and internal stakeholders.
- Proven ability to work independently and collaboratively within a team.
- In-depth knowledge of the regulatory environment related to financial institutions.
- Proficient in using underwriting tools and systems.
For individuals assigned and/or hired to work in New York, 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 $150,000-$200,000
#LI-MM1
#LI-TC1
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.