About the Position

Elpha Secure (Elpha) provides novel cyber and technology solutions to cyber and tech errors and omissions policyholders to reduce their risk and losses before and after a cyber incident. Elpha has an exciting opportunity for an Underwriter, Senior Underwriter, or Assistant Vice President to join our West Coast team, which continues to be a rapidly growing and dynamic region. The individual will be responsible for servicing a renewal book and producing new business through exceptional underwriting practices throughout the West Coast.

Responsibilities

• Knowledge of the fundamentals of coverage, terms and conditions. Ability to offer coverage, terms and conditions which generate a profit for Elpha while meeting the needs of the customer.
• Risk Assessment. Ability to identify risk exposures, special or common hazards, and appropriate controls. Ability to select risk based on exposure and risk analysis. Ability to analyze claims and quantify losses.
• Execute a business plan to expand the existing portfolio, aligning within the overall business strategy.
• Assist in achieving profitable premium and rate goals to successfully deliver results consistent with the financial plan.
• Collaborate across business units and functions to leverage existing resources to underwrite, manage and service a cyber and technology renewal book and produce new business in accordance with the Cyber underwriting unit goals.
• Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships.
• Maintain expertise with the products, services, priorities, and target markets to more effectively enable clients to uncover hidden cyber risks.
• Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on evolving cyber risk.
• Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking. Ability to quantify risk based on experience history and forecasting methods.
• Marketing and communications. Ability to sell and negotiate to achieve bottom line profitability for Elpha. Ability to make presentations and communicate articulately. Ability to base communications on strategic thinking. Ability to manage producer strategy.
• Solicit new and renewal submissions from brokers.

Qualifications

• Strong preference for candidates based in California, Washington, or Arizona, though other West Coast locations will be considered
• Preferably at least 3 years underwriting experience for the Underwriter position and at least 5 years for Senior Underwriter and AVP position
• Experience with cyber and tech E&O insurance
• Retail and/or wholesale broker relationships on the West Coast preferred
• Cybersecurity knowledge preferred
• Bachelor’s degree
• The ability to travel a minimum of 15% of the time is anticipated

Benefits and Compensation

The expected pay range for the role is $90,000 to $170,000 subject to selected candidate’s title and experience. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible for an annual bonus and equity. In addition, Elpha provides unlimited PTO and health benefits. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

Elpha is committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Elpha prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.