Sr. Underwriter

Intrepid Direct Insurance (IDI) is a rapidly growing direct to consumer Property and Casualty insurance company. A member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best, Intrepid Direct’s vision is to make life better for business. The insurance industry has not evolved with innovation like other major industries. We’re here to change that. We are making life better for our customers, shareholders, and our team members by leveraging data and technology as insurance experts for our targeted customers. You will be part of a highly collaborative team of talented and focused professionals. Join a group that enjoys working together, trusts each other, and takes pride in our hard-earned success.

https://intrepiddirect.com/

The Company is an equal employment opportunity employer.

The Senior Underwriter is a member of our production underwriting team. Our underwriting team works on new and renewal accounts in their targeted industries. Underwriting books of business will have accounts with varying levels of premium size and technical complexity. Accounts can range in size from $5,000 to over $1M in premium.

At Intrepid we value innovation above all else.  We have created a community where we have redefined the word “mistakes” as “learning opportunities” and encourage our employees to break out from the familiar.  We foster open mindedness and intellectual humility in order to create a safe and inviting work environment for employees to think outside the box. 

The role’s primary responsibility will be to manage a book of business within their assigned industries. In addition, you will contribute to our underwriting direction, evaluate individual account profitability, collaborate with our staff underwriting team on product enhancements, and analyze data with actuaries. You may also have the opportunity to contribute and explore new insurance products and new business segments as Intrepid continues to grow and evolve.  

Key functions include but are not limited to:

• Underwrite accounts per letter of authority - new and renewal, with minimal direction
• Profitably underwrite and manage assigned book of business
• Gain deep expertise in assigned industries
• Utilize various underwriting tools to determine acceptable risk characteristics, accurate classifications, insurance to value, develop pricing, etc.
• Demonstrates the ability to effectively collaborate and communicate cross-departmentally
• Execute underwriting strategy and follow established underwriting guidelines
• Meets or exceeds Service Level Agreement deadlines with a high quality of work
• Meets or exceeds performance requirements on UW File Review Audits
• Viewed as an informal leader by being a go-to resource for other members on the team
• Supports Underwriting Team on projects, as assigned
• Owns aspects of mentoring and training new teammates
• Proven reliability and independence working on large accounts

• Bachelor’s degree
• Underwriting experience - minimum of 5 years as a company underwriter specifically in commercial property and casualty underwriting
• Has underwritten new and renewal business with success in achieving growth and profitability
• Strong background using data analysis to guide underwriting philosophy and decisions
• Multi-line commercial background including Property, Liability, Automobile, Umbrella, Workers Compensation, and BOPs
• Knowledge underwriting “main street” classes of business
• Build sustainable relationships of trust through open and interactive communication
• Large account underwriting experience or line of business expertise a plus
• CPCU, AU and/or other related professional designations preferred/ current progress underway