Job Abstract

Job ID

2024-1650

Category

Underwriting

Type

Regular Full-Time

SUI is leading the way in facultative reinsurance, based on robust relationships and strong underwriting results. SUI offers facultative casualty reinsurance for several lines of business, including General Liability, Automobile Liability, Excess/Umbrella Liability and Workers’ Compensation.

As of June 2024, SUI was acquired by NSM Insurance Group, a global specialty insurance provider with more than $1.6 billion in premium across 25+ specialty insurance programs and brands around the world. Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.

NSM Insurance Group is a global specialty insurance provider with more than $1.6 billion in premium across 25+ specialty insurance programs and brands around the world. Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.

Relationships are paramount at NSM because we know that’s what drives mutual, long-term success. We maintain an entrepreneurial spirit and startup mindset within an established organization that continues to redefine what specialty insurance means and how it impacts everyday lives. Employees are given endless opportunities to expand their interests and skillsets, push breakthrough ideas and take risks. Our open, supportive environment gives employees the confidence to take ownership of their work as if the business was their own.

At NSM, we Build Success every day for our people, carrier partners, agents and insureds — because we know our success is built on yours.

We are looking for a diligent and detail-oriented Associate Underwriter / Technical Assistant to join our Facultative Reinsurance team! The successful candidate will support senior underwriters in the evaluation, processing, and renewal underwriting of reinsurance submissions, ensuring accurate documentation and adherence to company guidelines.

SUI office is located in Doylestown, PA with NSM Home Office in Conshohocken, PA. We are open to candidates sitting in either office, or splitting time between the two depending on location. This is a hyrid position, 2-3 days onsite.

• Support underwriting activities, through assistance of senior underwriters in the assessment and underwriting of facultative reinsurance risks.
• Prepare underwriting documentation and reports.
• Review and analyze reinsurance submissions, certificate terms, and conditions.
• Assist in the review and renewal of existing facultative reinsurance policies.
• Gather and evaluate relevant data and information for the renewal process.
• Prepare renewal documentation and ensure timely processing of renewals.
• Involvement in post bind documentation process; maintaining accurate and organized records of underwriting decisions and transactions, while ensuring compliance with company guidelines, procedures, and post bind processes.
• Manage electronic filing systems.
• Liaise with clients, brokers, and other stakeholders to gather necessary information.
• Provide support in responding to inquiries and requests for information.
• Assist in the preparation of presentations and reports for risk takers and senior management.
• Provide general support to the underwriting team.
• Assist in the preparation of reports, presentations, and other documentation as needed.
• Support special projects and initiatives as needed.

• Bachelor’s degree in risk management, Insurance, Business, Finance, or a related field, preferred.
• Previous experience in insurance, reinsurance, reinsurance brokering, or E&S is preferred.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Detail-oriented with strong organizational skills.
• Ability to work independently and as part of a team.
• Ensure accuracy in documentation and data analysis, with great attention to detail.
• Work well in a team environment, supporting colleagues and contributing to team goals.
• Relevant industry certifications (e.g., ARe, CPCU) are a plus.