Underwriter

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Position Specific Description

Palms Insurance, a specialty insurer and reinsurer domiciled in the Cayman Islands, operates primarily from its offices in Palm Beach County, Florida. With a 35-year history of underwriting difficult risks, Palms is uniquely positioned to take on the most challenging risk protection scenarios facing businesses today. With an AM Best Financial Strength Rating of “A/Excellent”, Palms is authorized to underwrite excess and surplus lines coverage in the United States. This position will manage a book of business by analyzing quality and quantity of risks written, prepare reports accordingly, and monitor and evaluate outcomes. This employee would recommend and implement action plans for improvement of underwriting results.

Job Overview

This position will manage a book of business by analyzing quality and quantity of risks written, prepare reports accordingly, and monitor and evaluate outcomes. This employee would recommend and implement action plans for improvement of underwriting results.

Job Duties & Responsibilities

• Manages profitable books of business by implementing underwriting decisions (in compliance with state laws and company guidelines), evaluating results and conducting portfolio reviews
• Develops integrated pictures of factors that affect profitability, growth, retention and recommends, implements and monitors necessary action plans
• Examines, identifies and evaluates exposures by analyzing documentation from various sources, such as the insurance applications, internet searches, inspection reports, credit reports and internal subject matter expert guidance
• Makes underwriting decisions to accept, decline or modify risks within assigned underwriting authority level in partnership with management team
• Executes underwriting strategy as determined by management, including portfolio management and self-audits
• Monitors industry product line trends and insurance market
• Determine and make recommendations for marketing, pricing, products and systems
• Regularly travels to key accounts and remains a visible presence in the marketplace by participating in industry events and committees
• Monitors agency action and participates in account management, agency planning and marketing meetings to best position the business for the future
• Performs other job-related duties as assigned

Required Qualifications

• Bachelor’s or Equivalent Experience
• Experience: 5+ years relevant experience

Preferred Qualifications

• Bachelor’s Degree
• Master’s Degree
• Certification: American Institute for Chartered Property Casualty Underwriter (AICPCU) or Registered Professional Liability Underwriter (RPLU), or equivalent

Employee Group: Exempt

Employee Type: Full Time

Job Category: Finance, Accounting & Business Analytics

Organization: Palms Management Services, LLC

Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to [email protected], providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

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