hero

Underwriting Careers at Industry Leaders

Discover your next underwriting adventure with friends of Kalepa and leaders in commercial insurance

Marine Underwriter

Coaction Specialty Insurance Group, Inc.

Coaction Specialty Insurance Group, Inc.

Marketing & Communications
Morristown, NJ, USA
Posted on Jan 16, 2025

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.

We are looking for talented and driven underwriting candidates to help us achieve our growth and profitability goals. The Underwriter will be responsible for developing and managing a book of profitable multi-line businesses within the Marine Energy and Transportation vertical. The candidate will also be responsible for building and maintaining effective relationships with our exclusive wholesale and MGA distribution partners. Finally, as with all Coaction employees, they will be responsible for helping generate and execute true differentiated coverage and services for the unit.

Responsibilities:

  • Account level evaluation, application of terms and price selection

  • Underwrites within established program guidelines and or underwriting authority

  • Works with Home Office Underwriting to develop and implement underwriting guidelines, appetite, and production forecast.

  • Sells the product advantages of Coaction in such a way as to differentiate Coaction from its competitors.

  • Actively engages our wholesale partners to ensure that we are aligned properly as far as appetite, opportunities, workflow, and profitability of the portfolio are concerned.

  • Identifies and communicates opportunities to increase workflow efficiency.

  • Drives product/service/selection/pricing innovation of the portfolio.

  • Conducts marketing trips to broker base on a regular basis and attends relevant industry conventions.

  • Ultimately rewarded for building a growing portfolio that is profitable and sustainable over the long term

Qualifications:

  • Bachelor’s Degree preferred in business or a related field, or relevant industry experience.

  • + years minimum working as an Underwriter in Casualty, Property, or Marine lines of business.

  • Strong knowledge of the Microsoft Suite with specific emphasis on Excel

  • Superior communication and organizational skills

  • Has established wholesale broker relationships

  • Advanced working knowledge of the ISO products and coverage corms, UW processes and procedures, laws and regulations, terminology, other relevant trends.

  • Successful track record of developing and maintaining strong relationships with wholesale brokers.

  • Willingness to travel 10-20% of your overall worktime, depending on need and safety.

  • Demonstrate personal accountability and integrity, and an ability to build strong, productive relationships across business.

  • Strong decision-making skills, with ability to articulate the reason behind the decision and think on your feet.

  • Credible source of information and could challenge and influence decision makers with your excellent verbal and written communication skills.

  • Self-starter, who requires little management to get things done.

Coaction is required by New York City law to include the salary range for this role when hiring a New York City resident. Salary range specific to for this role : $90,000-$120,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.

If your application is selected, you will receive an email directly from the Coaction Recruiting Team at coaction@myworkday.com asking you to contact a member of the Coaction Recruiting Team. Any other method of contact may be fraudulent.