This is a hybrid position requiring 3 days in office at our Middleton, WI office location. #LI-Hybrid
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking college graduates for a year-long Underwriting Trainee position on our Environmental Underwriting team. Candidates who successfully complete the program will become Underwriters. As an Underwriting Trainee, the individual will get hands on training within the Environmental Underwriting Unit, in addition to time spent with various department heads and leaders across the company to learn more about insurance operations, the history of CapSpecialty, how insurance companies generate profits and the role of reinsurance. Trainees will learn the basics of how to underwrite specialty lines insurance, analyze financial statements, interpret a policy form and interact with CapSpecialty’s wholesale broker partners. Trainees will participate in department meetings, roundtables, monthly business reviews (MBRs), Joint Accountability Groups (JAGs) and large claim meetings as appropriate. Trainees will spend time with Actuarial, Marketing & Engagement, Claims and Portfolio Management, in addition to accompanying members of the underwriting team on marketing visits. Formal performance evaluations will occur at three, six, nine and 12 months. The Underwriting Training program is designed to provide candidates with the knowledge and skills required to begin a successful underwriting career.
Duties/Responsibilities:
Candidates will become immersed in the insurance principles they learn so that they have a basic understanding of how to evaluate a risk and can move into a production role upon completion of the Underwriting Training program.Candidates will apply underwriting analysis on actual accounts to support production underwriters.Candidates will begin to develop relationships with their assigned brokers.Candidates will perform other duties as needed.Supervisory Responsibilities:
None.
Core Competencies:
Superior oral and written communication skills coupled with sales skills and an ability to develop relationships with brokers.Skilled in the use of personal computers, the internet and multiple software applications and programs.Ability to work independently, problem solve and meet deadlines while also working on a team as a team player.Strong organizational skills with an attention to detail.Education and Experience:
Bachelor’s degree from an accredited college.Previous office experience helpful.Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.May be required to lift up to 10 lbs. at times.May require business travel up to 15%.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
This is a hybrid position requiring 3 days in office at our Hartford, CT office location. #LI-Hybrid
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking college graduates for a year-long Underwriting Trainee position on our Special Risks Underwriting team. Candidates who successfully complete the program will become Underwriters. As an Underwriting Trainee, the individual will get hands on training within the Special Risks Underwriting Unit, in addition to time spent with various department heads and leaders across the company to learn more about insurance operations, the history of CapSpecialty, how insurance companies generate profits and the role of reinsurance. Trainees will learn the basics of how to underwrite specialty lines insurance, analyze financial statements, interpret a policy form and interact with CapSpecialty’s wholesale broker partners. Trainees will participate in department meetings, roundtables, monthly business reviews (MBRs), Joint Accountability Groups (JAGs) and large claim meetings as appropriate. Trainees will spend time with Actuarial, Marketing & Engagement, Claims and Portfolio Management, in addition to accompanying members of the underwriting team on marketing visits. Formal performance evaluations will occur at three, six, nine and 12 months. The Underwriting Training program is designed to provide candidates with the knowledge and skills required to begin a successful underwriting career.
Duties/Responsibilities:
Become immersed in the insurance principles they learn so that they have a basic understanding of how to evaluate a risk and can move into a production role upon completion of the Underwriting Training program.Apply underwriting analysis on actual accounts to support production underwriters.Develop relationships with their assigned brokers.Perform other duties as needed.Supervisory Responsibilities:
None.
Core Competencies:
Superior oral and written communication skills coupled with sales skills and an ability to develop relationships with brokers.Skilled in the use of personal computers, the internet and multiple software applications and programs.Ability to work independently, problem solve and meet deadlines while also working on a team as a team player.Strong organizational skills with an attention to detail.Education and Experience:
Bachelor’s degree from an accredited college.Previous office experience helpful.Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.May be required to lift up to 15 lbs. at times.May require business travel up to 15%.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
This is a hybrid position requiring 3 days in office at either our Hartford, CT, Middleton, WI, Chicago, IL, New York, NY or Short Hills, NJ office location. **We may consider someone for a Senior Underwriter role with the right experience** #LI-Hybrid
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking an Underwriter for our Environmental Team who will select profitable risks and manage book of business by underwriting new business opportunities or assigned renewals. Build solid relationships with brokers and co-workers by providing a high level of customer service and accountability. Review submissions post triage and clearance, review underwriting information and determine if the account fits with our appetite. Prepare and issue quotes, binders, and perform mid-term servicing as required.
Duties/Responsibilities:
Process new business opportunities and triage submission data to determine if the opportunity is a fit to our appetite and if the target pricing is aligned with our profitability needs. And/or process assigned renewals by reviewing current policy status and conditions, pricing, getting updated information, taking appropriate action and suspense for future actions.Ensure smooth workflow and excellent customer service to agents by prioritizing multiple tasks, responding to inquiries, preparing pricing using the rating model, issuing detailed quotes, assisting with technical issues, utilizing effective problem solving, and by being available to deliver exceptional service.Assist agents by responding to inquiries and assisting in coverage selection.Review endorsements by evaluating impact of change, current policy status and conditions.Ensure communication by working with other departments to explain, evaluate and resolve problems or issues of common concern.Contributes to team effort by accomplishing related results as needed.Supervisory Responsibilities:
None.
Core Competencies:
Knowledge of insurance contracts, basic accounting, risk management techniques, and state regulations. Skill in communicating verbally and in writing and in using computers. Ability to think clearly and quickly, work independently, work with others and analyze and problem solve.Education and Experience:
Bachelor’s degree or Associate’s degree in Risk Management, or equivalent, or combination of education and work experience.3+ years of industry experience as an underwriting assistant or a minimum 2 years’ direct underwriting experience preferred.Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.Generally, 40 hours of work per week. Additional hours and/or work outside normal business hours may be necessary. May be required to lift up to 15 lbs at times.Occasional travel may be required.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
This is a remote position for someone within the United States.
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking a Construction Underwriter who is responsible for underwriting, building, and nurturing a book of casualty brokerage business through a dedicated wholesale distribution force, while also delivering strong underwriting analysis and superior customer service to the Specialty Casualty brokerage team. The risks and exposures the Underwriter evaluates require complex critical thinking approaches to address differing circumstances. The Construction Underwriter demonstrates underwriting skills and the ability to develop a knowledge of appetite, rates, forms, pricing structures, terms, and conditions.
Duties/Responsibilities:
Contribute to strategy and execute a business plan to work with appointed agents to write E&S business on behalf of CapSpecialty.Make suggestions regarding the selection and termination of your agents.Help meet all underwriting profit expectations as agreed upon in annual budget.Establish excellent and professional working relationships with agents.Provide feedback to management on market conditions, competitor info, and broker movements through discussions with agents.Ensure efficiency by reviewing processes and procedures, making suggestions for improvements, and helping to implement changes as necessary.Work closely with operations team to ensure our service standards are achieved.Work with all other departments to ensure financial integrity and customer satisfaction.Supervisory Responsibilities:
None.
Core Competencies:
Strong interpersonal and communication skills with the ability to interact well with internal and external resources at all levels.Completion or continuing work towards industry certifications (CPCU, CRIS, etc.) preferred. General familiarity with ISO Commercial General Liability and XS Liability policy forms and endorsements, particularly for the construction industry. Experience underwriting residential and commercial contractors and construction risks in the middle market space is preferred. Familiarity with project policies, including, but not limited to owner's interest and wrap coverage offerings. Working knowledge of ISO GL rating and general loss rating.Preferred candidate will have relationships within the wholesale marketplace.Ability to develop familiarity with a wide variety of businesses and organizations, the services they provide, as well as the regulatory, legislative, legal and economic factors that affect them. Must be skilled in using personal computers, the internet and multiple software programs. Must have working knowledge of Word, Excel and Outlook.Education and Experience:
Bachelor’s degree or equivalent.2+ years of Casualty underwriting experience.Experience and knowledge of excess and surplus insurance on a nationwide basis is a must.Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.May be required to lift up to 15 lbs. at times.Some business travel may be required.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
This is a hybrid position requiring 3 days in office at either our Hartford, CT or New York, NY office location. **We may consider someone for a Senior Underwriter role with the right experience** #LI-Hybrid
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking an Underwriter for our Special Risks team who underwrites risks like manufacturers, distributers, hospitality businesses, real estate portfolios, and special events. Responsible for business development and growth through building relationships with assigned broker partners and applying sound decision-making to underwrite business that contributes to a profitable portfolio.
Duties/Responsibilities:
Evaluate new/renewal business referrals or requests to determine acceptability based on company underwriting guidelines and appetite. Complete internal policy review audits to meet company guidelines.Establish and maintain broker relationships with key agency partners to optimize underwriting profit.Provide excellent customer service by prioritizing tasks, responding to inquiries in a timely manner and assisting with technical issues.Demonstrate an understanding of all our product offerings, pricing and coverages. Ability to interpret and effectively communicate coverage forms and underwriting guidelines.Assist in the development of underwriting guidelines, applications and initiatives.Effectively communicate and collaborate with other departments to evaluate and resolve problems or issues of common concern.Review inspection reports for accuracy in a timely manner and take appropriate actions when needed.Meet internal service level goals on a consistent basis.Obtain new business opportunities through proactive phone calls and/or establish and maintain excellent broker rapport and make broker visits.Provide feedback to management on market conditions, competitor info, and broker movements through discussions with assigned brokers and trade associations.Supervisory Responsibilities:
None.
Core Competencies:
Knowledge of insurance contracts, basic accounting, risk management techniques, and state regulations.Strong written and verbal communication skills.Ability to think clearly and quickly, multitask, and work independently as well as with others.Good analytical and problem solving skills.Education and Experience:
Bachelor’s Degree, or equivalent.3 – 5 years of general liability underwriting experience with an Excess & Surplus carrier and prefer candidates with existing wholesale producer relationships.Completion or continuing work towards industry certification (i.e. CIC, IIA, CPCU) is preferred and encouraged.Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.May be required to lift up to 15 lbs. at times.Customary business travel, including air and car travel, may be required.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
This is a position on our West Coast team for someone in California. This position could be either remote or hybrid depending on proximity to the office. **We may consider someone for a Senior Underwriter role with the right experience**. #LI-Hybrid
At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.
We offer competitive compensation and benefits packages – including an innovative open vacation plan, generous paid sick and parental leave, fully vested matching 401k, company-paid group term life insurance and short- & long-term disability plans, professional and educational growth opportunities, flexible and casual work environment, and recognition for exceptional performance. Please see our full list of Total Rewards here.
CapSpecialty is seeking an Underwriter for our West Coast Surety Team who will generate profitable commercial Surety & Fidelity business by managing the book of business through underwriting assigned territory, building working relationships with agents and co-workers, and participating in account underwriting and manager’s meetings.
Duties/Responsibilities:
Independently produce more complex accounts/programs from startups to Fortune 500 account types. Analyze all facets of a financial statement and forecast the future impact the financial results will have on any account within its industry. Independently compile all underwriting information to assess overall risk, making a sound credit decision w/appropriate pricing, collateral, or other security. Approve and maintain good accounts for profitability by underwriting new submissions, renewals, and credit drawers. Research and generate new business leads & independently develop business relationships, cultivating them through strong customer service. Articulate CapSpecialty’s risk appetite & business philosophies to assigned agents/brokers. Demonstrate leadership skills in everyday business environment by training and mentoring underwriting team in underwriting concepts & corporate philosophies. Exhibit understanding of the “big picture” and overall goals of our organization. Review and respond to recommendations of Underwriters, working with them to help them learn more in depth principles of underwriting to advance in their respective careers.Determine what underwriting guideline changes are needed by investigating and reporting on bond claims and losses.Participate in the account underwriting meetings to assist in the approval of large risks and the establishment of departmental policies and procedures. Participate in off-site training seminars to develop leadership skills.Perform industry networking by participating in agency functions and visits.Supervisory Responsibilities:
None.
Core Competencies:
Bond analysis skills, including an understanding of procedures and rates, as well as knowledge of specified territory including agency plant, accounts, and competition and general business climate. Working knowledge of Capitol’s reinsurance treaty (ies) and limitations. Ability to utilize MS Office software and communicate effectively, both verbally and in writing.Ability to effectively collaborate in a team environment, while working independently.Fundamental ability to analyze all facets of a financial statement and tie together all statements including the statement notes. Fundamental knowledge on how to apply both vertical and horizontal financial trending (i.e. liquidity, profitability, and debt coverage ratios, etc.) to forecast the future impact the financial results will have on any account within its industry. Ability to analyze and demonstrate thorough understanding of credit as it relates to the risk.Understanding of contracts and statutes.Fundamental understanding of indemnity agreements.Education and Experience:
Bachelor’s Degree, or equivalent.1+ years of direct underwriting experience.Completed or working towards an Associate in Fidelity and Surety Bonding (AFSB) designation preferred.Physical Demands:
Prolonged periods of sitting at a desk and working on a computer.May be required to lift up to 15 lbs. at times.May require business travel up to 20%.CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
