Sr Underwriting Strategy Specialist (Hybrid)
$163k - $211kSelective Insurance Company of America
About Us At Selective, we don't just insure uniquely, we employ uniqueness. Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs. Overview This role supports the Underwriting Strategy function by analyzing portfolio performance across Selective’s commercial market segments, including Contracting, Manufacturing, Mercantile & Service, Technology, Human Services, Real Estate, and other industry verticals. The analyst translates segment, diversification, competitive, and regional performance data into strategic insights that help inform underwriting and growth priorities. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements. Responsibilities Monitor and analyze portfolio performance across market segments, including growth, profitability, retention, diversification, and risk quality. Identify trends, concentration risks, opportunities, and competitive dynamics that impact our market segments. Support quarterly underwriting reviews, countrywide reviews, and strategic planning materials. Partner with Market Segment leadership, Product, Actuarial, Claims, Underwriting Practices, and regional teams to develop strategic insights. Support diversification strategy, segment monitoring, and execution tracking. Analyze external market and industry trends impacting segment performance and strategy. Help improve segment-level tools, reporting, and analytical frameworks. Qualifications Knowledge and Requirements Demonstrates strong knowledge of commercial market segments, industry verticals, and related underwriting and competitive dynamics, with the ability to analyze portfolio and market data and translate insights into actionable business recommendations. Possesses strong analytical, communication, and cross-functional collaboration skills, along with experience leveraging business intelligence tools to support strategic decision-making. Knowledge of multiple market segments, actuarial concepts, competitive intelligence, distribution performance metrics, diversification strategies, and external market data sources is preferred. Professional insurance designations and experience working across both field and home office environments are a plus. Education and Experience Bachelor’s degree in Business, Finance, Risk Management, Insurance, Economics, or related field. 5–8 years of commercial P&C insurance experience in underwriting, portfolio analysis, actuarial, analytics, or related roles. CPCU, ARM, or other relevant professional designations preferred Total Rewards Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs. Pay Range USD $163,000.00 - USD $211,000.00 /Yr. Additional Information Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions. For Massachusetts Applicants It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. #J-18808-Ljbffr Selective Insurance Company of America
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