Property Underwriting Lead

Description Our long-term vision is to become a diversified full stack Specialty re/insurer competing with legacy carriers in product lines & markets across the globe. To get there, Ledgebrook builds its premium base by rolling out a new Specialty product every ~6 months until we prove enough traction to raise a balance sheet, become a full stack carrier and eventually compete in the reinsurance markets. Our initial product is a domestic primary and excess GL E&S policies sourced via wholesale brokers. Ledgebrook is a fully-remote US based company backed by top venture and family office investors including Brand Foundry, American Family Ventures, Duquesne Family Office, and Stephens Group. We’re a fully remote team prioritizing impact, ownership, and collaboration. About the Role Role Summary The position will be responsible for sourcing and underwriting complex, large commercial Builder’s Risk (ISO Class 1-6) in the United States. The underwriter is responsible for the technical risk assessment, pricing, and line size deployment for new and renewal risks falling within the underwriting guidelines. They will work with internal and external stakeholders to develop and maintain a profitable portfolio. Role Responsibilities • Building and maintaining a profitable portfolio. Proactively taking steps to optimize the portfolio and manage aggregations. • Developing solutions unique to each client while protecting our bottom line. • Day-to-day communication, marketing, and negotiating with approved clients and broker contacts • Examines, identifies, and evaluates exposures by analyzing documentation from various sources, such as the insurance application, project and site plans, project schedules, geotechnical reports, credit reports, crime scores, Nat Cat models etc. • Coordinating Loss Prevention/ Risk Engineering services both internally and with our vendor partners. • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios. Manage this on a per risk and portfolio basis. • Key role in working with pricing system and technical teams to maximum profitability. • Compliance with all internal and external guidelines and legal requirements. About you Here at Ledgebrook we are passionate about creating a team that is on a continuous learning journey and that shares our excitement about building a company from the ground up. Some of the characteristics we hold dear are: • A passion to deliver a world-class customer service experience to both internal and external customer • Intellectual curiosity and desire to innovate processes/procedures versus being satisfied with the status quo • A desire to continue learning through on-the-job mentorship or formal educational/training opportunities • Agile prioritization skills coupled with a keen sense of urgency that seeks to balance getting it right versus getting it done right now • A strong drive and desire to win together as a high-performing team • A moral compass to "do the right thing, period", we have zero tolerance for toxic behaviors. Benefits • Competitive salary and meaningful equity ownership • Health Insurance - 100% employer-paid option available • Additional benefits available include 401k plan, dental, vision & other options • Remote work, flexible hours • Unlimited time off policy • Ownership, autonomy, purpose Apply tot his job Apply To this Job