Yacht Underwriter
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What you'll do
- Reviewing your book of business, tracking performance, and analyzing market conditions and competition.
- Building and managing broker relationships, developing goals and strategies, and collaborating to craft tailored solutions for members.
- Oversee new and renewal underwriting, select risks per company guidelines, and ensure timely follow-up and closing of accounts.
What they're looking for
- You have at least 3 years of P&C insurance experience, preferably underwriting in the high net worth space.
Nice to have
- Underwriting in the high net worth space
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
About the Role
The Yacht Underwriter is a key member of the underwriting team. The Yacht Underwriter reports directly to the Yacht Underwriting Practice Leader with accountability to all regions. The primary goal of this position is to profitably grow a yacht book of business by actively partnering with brokers, assisting the underwriting team, working effectively with colleagues throughout the organization and be accountable for the quality of underwriting decisions and execution.
What You’ll Do
No matter the role, delivering exceptional service is the priority in everything we do at PURE. As an underwriter, this looks like:
Business Management: Reviewing your book of business, tracking performance, and analyzing market conditions and competition.
Broker Partnership: Building and managing broker relationships, developing goals and strategies, and collaborating to craft tailored solutions for members.
Underwriting Execution: Oversee new and renewal underwriting, select risks per company guidelines, and ensure timely follow-up and closing of accounts.
What You'll Need
You have at least 3 years of P&C insurance experience, preferably underwriting in the high net worth space. You are comfortable owning a book of business. Direct, empathetic communication is a staple in every aspect of your day, and you thrive on building connections with people. You know how to gather and analyze all the data you’ll need to make a decision on a risk. You work with pride and determination.
What We Do
We're a member-owned property and casualty insurer designed exclusively for financially successful families and driven by a purpose of doing what is right for our members. We provide exceptional service, hospitality and care, we partner with our members to help prevent losses and we create smart insurance solutions at fair prices.
We aim for our members to love their insurance. It is our mission is to create a membership experience so compelling that our members never want to leave.
Who We Are
We want to be transparent about what we expect from each other. From PURE, you can expect:
Opportunities to stretch and grow: your professional and personal development matters to us. We’re committed to providing experiences through on-the-job learning and professional development that increase your impact and rewards.
Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.
Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy. You can expect a thoughtful partner, even when we disagree.
A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual. We lift each other up, celebrate wins together and support one another through challenges in work and life.
Who You Are
All of the strongest relationships are a partnership- a two way street. So here’s what we ask of you:
- Aim to bring your best every day: you’re here because you want to be part of a team that makes a real impact and aims high.
- Be a student and a teacher: share your knowledge and talents and be willing to listen and learn from those around you.
- Get comfortable being uncomfortable: we face tough moments and obstacles with a “courage over comfort” approach and a positive, solutions-oriented mindset.
- Be a culture builder: building a positive culture is everyone's responsibility, based on care, respect and openness to diverse perspectives.
Compensation Package
The base salary for this role can range from $70K - $85K, based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience. You will also be eligible for annual merit-based increases and discretionary bonuses.
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