Builders Risk Senior Underwriter

Overview

As a Senior Underwriter for Builders Risk at Starr, you will evaluate and price complex construction and energy risks, building profitable underwriting portfolios. You'll work within a collaborative, entrepreneurial culture to guide junior underwriters and shape risk strategy. Your expertise will help brokers, agents, and clients navigate construction insurance nuances while staying compliant with regulations. This role offers meaningful impact through risk assessment, portfolio growth, and cross-functional collaboration in a rapidly expanding company.

Compensation / Benefits

• first class training and development opportunities
• inclusive environment
• equal opportunity employer

Responsibilities

• Evaluate, underwrite, and price complex Builders Risk policies in line with guidelines and regulatory requirements
• Analyze submissions, assess risk, and determine terms and conditions
• Review and negotiate manuscript form wordings and coverages
• Develop and maintain relationships with brokers, agents, and clients to support business growth
• Collaborate with underwriting team to ensure consistency and accuracy in risk assessment and policy issuance
• Provide mentorship and technical guidance to junior underwriters
• Monitor industry trends and market conditions to identify opportunities and threats
• Participate in development and implementation of underwriting strategies, policies, and procedures
• Ensure compliance with internal and external regulations, standards, and best practices

Key requirements

• Bachelor's degree in Business, Finance, Insurance, or a related field
• 5-7 years of Builders Risk underwriting experience with a proven track record
• Master Builders Risk underwriting experience preferred
• Experience underwriting primary, quota share and excess structures
• Proven ability to assess reinsurance needs and negotiate terms with reinsurance brokers and underwriters
• In-depth knowledge of construction projects, risk assessment, and insurance products
• Strong analytical, problem-solving, and decision-making skills
• Excellent communication, negotiation, and interpersonal skills
• Ability to work independently and as part of a team in a fast-paced environment
• Proficiency in underwriting software and Microsoft Office Suite

• Excellent communication
• Negotiation
• Interpersonal skills
• Builders Risk underwriting
• Risk assessment
• Reinsurance negotiation