Executive Underwriter (Casualty Excess & Surplus)

Palomar is a rapidly growing insurer focused on providing specialty insurance to residential and commercial customers, building a diverse team with a culture of agility, innovation, and authenticity.

Location: Remote, La Jolla, CA, Edina, MN

Salary: $175,000 - $250,000 + Bonus Potential & Participation in Long-Term Incentive (LTI) Program

Responsibilities

• Select, price, quote and review new & renewal business in accordance with company underwriting guidelines and experienced, underwriting judgment
• Independently work with wholesale distribution channels to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.
• Identify, develop, and maintain strong business relationships to drive opportunities for new business and retain existing accounts.
• Present & defend book dynamics/profile in reinsurance treaty meetings.
• Utilize facultative relationships/capacity to maintain prescribed net positions with Palomar E&S portfolio.
• Underwrite Primary and Excess Construction and/or Excess Non-construction risks in the E&S space.
• Evaluate reinsurance requirements and implement appropriate actions.
• Mentor and coach junior underwriters.
• Share industry knowledge and act as a technical underwriting resource.
• Set performance examples by producing new business.
• Improve industry knowledge through various educational activities.
• Assist in mentoring junior underwriters.

Requirements

• 15+ years of insurance experience specifically underwriting in the E&S environment
• CPCU and/or ARM professional insurance designation strongly preferred
• Entrepreneurial spirit and not risk adverse
• Keen ability to “think outside of the box”
• Able to quickly establish and build functional working relationships
• Drives for results and takes initiative to support the team
• Ability to quickly learn and work in various technical platforms
• Professional, analytical, and adaptable attitude
• Willing to travel nationally for reinsurance and wholesale partner development
• Organize, self-prioritize, and be an initiative-taker in a challenging environment with demanding deadlines

Benefits

• Full Suite of Medical Benefits
• Long Term Financial Incentives – STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events

Additional Information

• Palomar is committed to diversity, equality, and inclusion.
• Palomar considers reasonable accommodations for applicants with disabilities.
• Pay range: $175,000 - $250,000 + Bonus & Long-Term Incentive.
• Final offers depend on experience and qualifications.