Renewal Underwriter

Converge Insurance is a forward-thinking, technology-driven company specializing in cyber risk and insurance solutions. Our mission is to empower businesses to navigate the complexities of the digital age with confidence. By combining deep industry expertise, innovative products, and cutting-edge analytics, we deliver tailer risk management and insurance solutions that protect organizations from evolving cyber threats. At Converge, we are committed to fostering a culture of collaboration, innovation, and customer focus, ensuring our clients and partners receive unparalleled support and protection. Join our team and be part of a company shaping the future of cyber insurance.

This position is responsible for all underwriting tasks related to assigned underwriting files to promote premium growth and target loss ratio results. Responsibilities include meeting key performance metrics related to service guidelines, compliance, and portfolio management.

• Maintain and underwrite a profitable renewal portfolio of Cyber Liability, Technology E&O, Media Liability, and other E&O coverages.

• Evaluate, select, and price cyber insurance policies to achieve premium and profitability goals in accordance with underwriting guidelines and authority.

• Monitor key performance metrics, including quote, bind, and claims ratios, and take appropriate responsive action to meet business objectives.

• Develop and manage assigned relationships with partners, brokers and agents and ensure proper servicing of accounts.

• Participate in conducting internal underwriting audits to ensure compliance with all applicable guidelines.

• Work closely with other parts of the business, including product, claims, and technology, to ensure proper execution of underwriting processes.

• Comply with corporate policies, procedures, regulations, and applicable code of conduct.

• General commercial and financial knowledge.

• Strong communication skills across functional areas.

• Familiarity with underwriting processes and systems

• Client service experience.

• Working knowledge of cyber insurance coverages and claims processes.

• Ability to manage time and priorities and execute on timelines.

• Proficiency with Microsoft Office Suite and other business-related software.

• Ability to travel up to 15% as necessary.

• Bachelor’s degree.

• 2-5+ years of related work experience.

• Renewal underwriting experience in Cyber, Media, and E&O.

• Prolonged periods sitting at a desk and working on a computer.

• Ability to lift up to 15 pounds occasionally.

• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• Pay Range: $85,000 – $105,000 annually (commensurate with experience and location).
• Total Compensation Context: This role may be eligible for annual performance bonuses and equity participation.
• Benefits Overview: Converge provides comprehensive health benefits (medical, dental, vision), a 401(k) plan with employer contribution, and flexible paid time off (PTO).

Converge Insurance is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Employment decisions are made without regard to race, color, religion, sex (including pregnancy, gender identity, or sexual orientation), national origin, age, disability, veteran status, or any other legally protected characteristic.

Originally posted on Himalayas