JOB TITLE: Products Liability Insurance Underwriter
DEPARTMENT: Venbrook Specialty Products & Programs
COMPANY OVERVIEW:
Venbrook Specialty is the specialty programs business group of Venbrook Group, LLC, a holding company with subsidiaries engaged in retail broking, wholesale broking, programs, and claims services. Venbrook's team of experts and industry specialists partners with their clients to manage their risks, create security, promote growth, and add value by delivering best-in-class commercial property & casualty, employee benefits, and personal risk insurance products and programs.
Venbrook Specialty delivers specialty insurance, affinity, underwriting, and captive management services for retail agencies, brokerages, associations, and more. Our customizable programs span across real estate, property, habitational, construction, student health, travel, and fitness industries, providing niche risk and insurance protection for carriers, MGAs, and their insureds.
At Venbrook, we envision a world where our clients can confidently pursue their boldest ambitions. Our team of experts leverages agility, innovation, and creative problem-solving to guide our clients through an ever-changing risk environment. We pride ourselves on providing insurance services that allow businesses to make bold decisions, knowing their risks are identified, assessed, and mitigated.
Our culture is derived from the people who create it. We are not different in what we do. We are different in how we do it. We believe our clients are our partners, and we earn their trust every day. We believe in empowering our team and holding ourselves accountable to deliver the best solutions. We value agility, versatility, innovation, and creative problem-solving and put our people at the core of everything we do.
We offer competitive compensation and a comprehensive benefits package:
• 401k + employee match
• Medical, Dental, Vision, Life, and Disability Insurance
• Paid Time Off (PTO)
• Paid Holidays
• Paid Parental leave
• Paid Sick leave
• Professional development programs
• Work-life quality and flexibility
Visit us at https://www.venbrook.com/contact-us/careers
JOB SUMMARY:
The Products Liability Insurance Underwriter evaluates, selects, and prices risks associated with manufactured goods, consumer products, industrial equipment, and other items that may expose companies to liability claims. This role blends analytical rigor with sound judgment, balancing risk exposure with profitable growth while maintaining strong wholesale broker and carrier relationships.
POSITION REQUIREMENTS:
Sound Judgment & Decision-Making: Exercises strong analytical thinking to evaluate complex risk exposures, make informed underwriting decisions, and balance profitability with growth objectives.
Attention to Detail & Accuracy: Thoroughly reviews applications, technical specifications, safety documentation, and regulatory compliance materials to ensure precise risk evaluation and documentation.
Strategic Thinking & Market Awareness: Monitors loss trends, emerging risks, and market conditions to proactively adjust underwriting strategies and maintain a profitable book of business.
Problem-Solving & Critical Analysis: Analyzes product types, manufacturing processes, supply chains, and quality controls to determine risk acceptability and develop appropriate coverage solutions.
Collaboration & Interpersonal Effectiveness: Builds and maintains strong relationships with wholesale brokers, carriers, and internal teams. Communicates underwriting decisions clearly and professionally.
DUTIES/RESPONSIBILITIES:
Risk Assessment & Underwriting
• Analyze product types, manufacturing processes, supply chains, quality controls, and loss histories to determine risk acceptability.
• Review applications, technical specifications, safety documentation, and regulatory compliance materials.
• Evaluate exposures related to product design, distribution, labeling, warranties, and end-user behavior.
• Determine appropriate coverage terms, conditions, endorsements, and pricing in accordance with underwriting guidelines.
• Make informed decisions on new business, renewals, and endorsements.
Portfolio & Profitability Management
• Maintain a profitable book of business through disciplined underwriting and strategic risk selection.
• Monitor loss trends, emerging risks, and market conditions to adjust underwriting strategies.
• Collaborate with carrier's actuarial team to refine pricing models and ensure rate adequacy.
• Participate in audits and internal reviews to ensure compliance with underwriting standards.
Broker & Carrier Engagement
• Build and maintain strong relationships with wholesale brokers and carriers.
• Communicate underwriting decisions clearly and professionally, including rationale for pricing or coverage changes.
• Provide guidance to clients on risk mitigation strategies and product safety best practices.
• Represent the company at industry events, broker meetings, and training sessions.
Documentation & Compliance
• Prepare clear, accurate underwriting files and documentation to support decisions.
• Ensure adherence to regulatory requirements, internal policies, and industry standards.
• Stay current on legal developments, product safety regulations, and emerging liability trends.
REQUIRED SKILLS/ABILITIES:
Required
• 5+ years' experience in commercial underwriting, preferably in casualty or product liability lines
• Strong analytical skills with the ability to interpret technical information and loss data
• Excellent communication, negotiation, and relationship-building abilities
• Proficiency with underwriting software, rating tools, and productivity platforms
Preferred
• Professional designations such as CPCU, ARM, or AU
• Experience underwriting complex manufacturing, life sciences, or high-hazard products
• Familiarity with regulatory frameworks such as CPSC, FDA, or OSHA standards
EDUCATION & EXPERIENCE:
• Bachelor's degree in business, finance, risk management, engineering, or a related field
• 5+ years' experience in commercial underwriting, preferably in casualty or product liability lines
• Professional designations such as CPCU, ARM, or AU preferred
• Experience underwriting complex manufacturing, life sciences, or high-hazard products preferred