Senior Underwriter, Portfolio Solutions Group

Job Description This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way . The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our Client Centric, Risk Centric and Technology Centric strategies. Built to be resilient, Ascot offers clients leading financial security while delivering bespoke products and world class service - both pre- and post-claims. Ascot exists to solve for our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline. POSITION OVERVIEW: Reporting to the Vice President, Portfolio Solutions , the Senior Underwriter, Portfolio Solutions, plays a pivotal role in assessing and managing risk for Ascot's Portfolio Solutions division. The Portfolio Solutions Group (PSG) is a division focuses on establishing relationships with Program Managers, Group Captives, Insurtech's and other aggregators and offers a variety of solutions to these customers including risk assumption, fronting and other related services. RESPONSIBILITIES: Oversee the filings and Ratings update to ensure policies are correctly loaded in Ascot Systems. Oversee referrals both from Captive / Alternative risk as well as MGA delegated Underwriting referrals from various internal risk staff. Understand portfolio of business by assessing the multiline coverage capabilities based on developments in the market. Help provide superior production and service to brokers and clients by liaising directly with individual Captive consultants and Program Managers to create visibility through consistent efficient engagement with trading partners, particularly on referrals on an ongoing basis. Stay current on competition, underwriting environment, and market conditions and ensure that our coverage forms, rating plans and overall offerings remain in line with the market and current regulations. Participate in and help drive the underwriting guideline drafting process in co-ordination with the CUO. EXPERIENCE: A minimum of 3-5 years relevant underwriting experience. Prior experience with Commercial & Casualty lines preferred, i.e. Workers' Compensation, General Liability, Commercial Auto and Umbrella preferred. Knowledge of underwriting rating concepts, practices, forms and procedures. Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment. Strong organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously. Excellent Communication skills, in liaising with various internal and external partners. ***This position may be filled at a different level, depending on experience*** Compensation Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include an annual cash bonus, long-term incentives, and other forms of discretionary compensation awarded by the Company. The annualized base pay range for this role is: In New York - $110,000 - $140,000 Company Benefits The Company provides a competitive benefits package that includes the following (eligibility requirements apply): Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k) #LI-Hybrid

Created: 2024-11-05