Senior Underwriter - eRisk/Cyber Liability

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+"(Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

SENIOR UNDERWRITER (eRISK) - Preferred location is Jersey City NJ hybrid

Summary:

The Sr. Underwriter (eRisk) is responsible for the review of insurance applications; and, quoting and binding of insurance for cyber-risk and Technology Errors & Omissions insurance products following the underwriting guidelines, rates and rules promulgated by the eRisk team within the authority delegated to the underwriter. This includes working with brokers in the underwriter’s assigned territory to solicit business and market the company’s products.

Responsibilities:

• Work with assigned brokers to market eRisk insurance products.
• Achieve underwriting production, profitability and other financial targets for assigned brokers.
• Assist the team leadership in the development and enhancement of new and existing products.
• Communicate to management concerns of key brokers, market opportunities
• Ensure policy transactions are rated, booked, invoiced and issued accurately and meet the corporate time service standards. Transactions include quotes, new business, renewals, endorsements and cancellations.
• Communicate, as needed, with Accounting, Marketing and other to answer policy questions and resolve issues.
• Generate insurance quote letters and binder letters for Cyber , Tech E&O and related products per underwriter instructions.
• Prepare and issue policies for the eRisk department.
• In-force account management and servicing.
• Proactively acquire knowledge and skills.
• Work with system support to test releases when the verification of successful programming involves a review of the production environment.
• Assist in quality verification of all policy transactions, processes and procedures.
• Electronically print documents into the imaging system, page mark and label the documents appropriately adhering to the corporate protocols.
• Communicate, as needed, with producers to obtain information needed to complete transactions, etc. Contribute to service excellence by answering producer questions in regards to policy status and insurance inquiries.
• Other duties as assigned.

Requirements:

• Experience with cyber insurance and technology errors & omissions insurance products.
• Bachelor’s degree and 6+ years of relevant experience.
• Strong analytical skills; exceptional attention to detail.
• Self directed, strong organizational skills.
• Solid computer skills including Word, Excel: E-mail & Internet Based Technology.
• Solid verbal and written communication, as well as, math skills.
• Ability to work in a fast paced environment.
• Will abide by departmental policies and procedures, including authority levels, to comply with C&F’s risk management cont

Location: Jersey City NJ preferred

What C&F will bring to you

At C&F you will BELONG

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $95,900 to a maximum of $150,600. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.

• Flexible work arrangements.
• Competitive compensation package.
• Generous 401K employer match.
• Employee Stock Purchase plan with employer matching.
• Generous Paid Time Off.
• Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
• A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.