GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses - and we're on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career.
What GBLI offers you:
Generous paid time off (PTO)
Professional development opportunities (including a mentorship program)
Educational assistance program, which covers up to $5,250 in educational costs per year
Comprehensive health insurance plan (with vision and dental)
Paid Parental Leave
Life insurance
401(k) retirement plan with up to 6% company match and immediate vesting
Healthcare and dependent care flexible spending accounts
Short-term and long-term disability
Company-sponsored social events
Various committees to get involved in, which include our Diversity, Awareness, and Inclusion Committee, and Charitable Giving Committee
The typical starting salary range for this position can vary depending on several factors such as geographic location, education, experience, and skill set. The full salary range for this position is designed to provide employees with the opportunity to progress and grow within their positions and reflects the competitive market value for these positions across the national market. GBLI also offers a total compensation plan including bonuses for all positions.
Typical annualized starting salary range for this position:
$66,000 to $140,000
Essential Duties & Functions
Review, price, and manage renewal business (multi line with an emphasis on general liability and property) in accordance with company guidelines
Select, price, quote, and decline new business in accordance with company underwriting guidelines and experienced, underwriting judgment
Manage assigned territory that supports the growth and profitability objectives established by the business unit. Create strategic agency management plans that encompasses production and loss ratio as well as travel and marketing plans
Respond to endorsement requests from existing accounts
Provide 24-hour response time on new business submissions and same day turn-around on phone calls and emails, Work collaboratively with other Underwriters in the Unit to maintain 24-hour response time on new submissions.
10-25% travel to assigned agents
Develop and maintain collaborative business relationships with appointed agents to foster the generation of profitable business
Accountability for the production and loss ratio performance of assigned agents
Educate agents on Penn-America Group products and underwriting systems
Qualifications
2+ years Property and Casualty Underwriting experience required including expertise in general liability and property risks; experience underwriting Excess and Surplus lines preferred
Bachelor's degree or equivalent combination of education and experience required. Professional designations (CPCU, AU, ETC.) are a plus
Experience working with wholesale brokers preferred
Efficiently plan/manage agency visits and travel time will be essential
Excellent interpersonal and communication skills are required; The ability to market Penn-America products to agents is essential
Excellent analytical skills required
Excellent organizational and time management skills required
The ability to work collaboratively in a team with other underwriters will be needed
Insurance rating experience is plus
Strong computer skills are a necessity. Proficiency in Microsoft Office Products (Word, Excel, Outlook)