Use critical thinking skills, to perform independent risk analysis to underwrite, price and document underwriting thought process for new and renewal policies and endorsements in accordance with their authority statement and Topa’s best practices. Underwriting includes assessing insurance risks presented to the company, receiving applications and reviewing the operations of each prospective insured, using independent judgement to determine research required regarding risk, determining whether the risks fit within Topa’s business appetite and guidelines, and reviewing and evaluating loss history. Pricing includes using judgement to determine the correct pricing within a set range.
Support other underwriters in all facets of underwriting, workflow and service on accounts outside of their own authority including, but not limited to determining risk acceptability, pricing, coverage terms, evaluating submissions and renewals.
Ensure thought process documentation is accurate and completed within best practices department guidelines.
Review inspections and alert Underwriter or Sr. Underwriter of any significant differences in the report than on the policy that could alter our underwriting decision.
Ensure Topa’s service standards are met.
Provide excellent customer service including personal interaction via phone, email, and in person with broker and other external professionals.
Attend industry and customer events and make production calls in a group. Individual calls will be allowed, but not required in this position.
Understand and report on publicly known competitor activity in the marketplace.
Underwrite and offer binding quotes on renewal accounts within authority.
Write equally referrals for decisions outside of authority.
Support teamwork and collaborations. Promote and contribute to a high performance team culture which values individual and team achievements.
Represent the company in a professional, courteous, and friendly manner at all times.
Support and promote the corporate goals established by the management.
Performs other duties as assigned.
3-5+ years of experience in commercial lines (property & casualty) underwriting.
Demonstrated knowledge of commercial lines underwriting, including pricing and quoting commercial lines business based on underwriting guidelines and individual risk characteristics to promote underwriting profitability.
Bachelor’s degree from an accredited college or university, equivalent insurance education, or related insurance experience is required.
CPCU, AU, or CIC designation or continuing insurance education desired.
Understands a sense of urgency around providing excellent customer service and appropriate attention to business matters.
Strong verbal and written communication skills.
Ability to build and maintain business relationships with a range of personalities.
Proficiency with computers and work productivity software.
Ability to travel overnight as needed.
About Topa Insurance Company:
Topa Insurance Company is a growing boutique specialty insurance carrier in Calabasas, California, with more than 30 years of service in the industry. Our highly engaged employees enjoy a modern, collaborative work environment with on-site fitness. Our top notch management team encourages professional development and achievement, with a commitment to make Topa Insurance an employer of choice. We embrace diversity, believe in, recognize and celebrate our people. Our values of respect, integrity, community, accountability and innovation drive our team. We offer a variety of flexible work schedules and shared incentives built around corporate goals and objectives. Our comprehensive benefits plan includes up to 20 PTO days a year for first year team members, as well as annual time off for charitable activity. We want innovative team members who are eager to excel to join our team.