Converge Insurance Logo

Converge Insurance

Renewal Underwriter

Posted 3 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in United States
Junior
Remote
Hiring Remotely in United States
Junior
The Renewal Underwriter manages a renewal portfolio of cyber insurance, evaluating policies and ensuring compliance, while also developing client relationships and monitoring performance metrics.
The summary above was generated by AI
About Converge

Converge Insurance is a forward-thinking, technology-driven company specializing in cyber risk and insurance solutions.  Our mission is to empower businesses to navigate the complexities of the digital age with confidence.  By combining deep industry expertise, innovative products, and cutting-edge analytics, we deliver tailer risk management and insurance solutions that protect organizations from evolving cyber threats.  At Converge, we are committed to fostering a culture of collaboration, innovation, and customer focus, ensuring our clients and partners receive unparalleled support and protection.  Join our team and be part of a company shaping the future of cyber insurance.

About the Role

This position is responsible for all underwriting tasks related to assigned underwriting files to promote premium growth and target loss ratio results.  Responsibilities include meeting key performance metrics related to service guidelines, compliance, and portfolio management.

Responsibilities

  • Maintain and underwrite a profitable renewal portfolio of Cyber, Media, and E&O coverages.
  • Evaluate, select, and price cyber insurance policies to achieve premium and profitability goals in accordance with underwriting guidelines and authority.
  • Monitor key performance metrics, including quote, bind, and claims ratios, and take appropriate responsive action to meet business objectives.
  • Develop and manage assigned relationships with partners, brokers and agents and ensure proper servicing of accounts.
  • Participate in conducting internal underwriting audits to ensure compliance with all applicable guidelines.
  • Work closely with other parts of the business, including product, claims, and technology, to ensure proper execution of underwriting processes. 
  • Comply with corporate policies, procedures, regulations, and applicable code of conduct.
About You
  • General commercial and financial knowledge.
  • Communication skills across functional areas.
  • Knowledge of underwriting processes and systems.
  • Client service experience.
  • Working knowledge of cyber insurance coverages and claims process.
  • Ability to manage time and priorities and execute on timelines.
  • Knowledge of Microsoft Office Suite and other business-related software.
  • Ability to travel up to 15% as necessary.

Education and Experience:

  • Bachelor’s degree.
  • 1-5 years of related work experience.
Physical Requirements
  • Prolonged periods sitting at a desk and working on a computer.
  • Ability to lift up to 15 pounds occasionally.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Compensation & Benefits
  • Competitive Compensation (Salary + Bonus + Equity)
  • Benefits Overview: Converge provides comprehensive health benefits (medical, dental, vision), a 401(k) plan with employer contribution, and flexible paid time off (PTO).
EEO Statement

Converge Insurance is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Employment decisions are made without regard to race, color, religion, sex (including pregnancy, gender identity, or sexual orientation), national origin, age, disability, veteran status, or any other legally protected characteristic.

Top Skills

Microsoft Office Suite
HQ

Converge Insurance New York, New York, USA Office

26 Broadway, Suite 328, New York, NY , United States, 10004

Similar Jobs

A Minute Ago
Easy Apply
Remote
United States
Easy Apply
162K-225K Annually
Senior level
162K-225K Annually
Senior level
Artificial Intelligence • Fintech • Machine Learning • Social Impact • Software
The Senior Product Manager will define the strategy for auto loan collections and recoveries, develop customer-facing tools, track success metrics, and make data-driven product decisions to optimize business outcomes.
Top Skills: AIData AnalysisMachine Learning
2 Minutes Ago
Easy Apply
Remote
3 Locations
Easy Apply
94K-202K Annually
Senior level
94K-202K Annually
Senior level
Cloud • Security • Software • Cybersecurity • Automation
The Senior Marketing Data Analyst will develop reporting frameworks, analyze data to support Product Led Growth, and create dashboards for stakeholders.
Top Skills: Google AnalyticsGoogle Tag ManagerMarketoPythonSalesforceSnowflakeSQLTableau
2 Minutes Ago
Easy Apply
Remote
2 Locations
Easy Apply
Senior level
Senior level
Cloud • Security • Software • Cybersecurity • Automation
As a Senior Backend Engineer, you'll develop and enhance authentication strategies, improve access management, and ensure security for GitLab users, focusing on scalable solutions.
Top Skills: IamLdapRbacRuby On RailsSAMLScimSso

What you need to know about the NYC Tech Scene

As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.

Key Facts About NYC Tech

  • Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
  • Key Industries: Artificial intelligence, Fintech
  • Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
  • Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account