Michael C Valese CPCU ASLI
Summary
Experienced standard and surplus lines renewal and new business underwriter with extensive knowledge of commercial as well as personal property and casualty lines.
Overview
20
20
years of professional experience
Work History
Senior Underwriting Specialist
Selective Insurance Group Inc
Branchville
02.2025 - Current
- Northeast Underwriting-Assigned to CT, MA, RI and NY. Responsible for any policies written in those states which also may have exposures anywhere in our footprint.
- Managing a $19,000,000 commercial book of business consisting of GL, Property, IM, Auto, EPLI, Umbrella, etc...
- Mentoring underwriting trainees and underwriting assistants.
- Conducting monthly calls with agency contacts regarding goals, trends, products, etc...
- Communicating and collaborating with field counterparts to align agency goals.
- Creation of action plans for struggling agents.
- Responsible for rate, premium and retention goals.
- Collaborate with fellow underwriters as well as management on difficult accounts.
- Build and maintain agency relationships.
- Support all regional goals for pricing, growth and superior service.
Underwriting Specialist
Selective Insurance Group Inc
Branchville
04.2022 - 02.2025
- Northeast Underwriting-Assigned to CT, MA, RI and NY. Responsible for any policies written in those states which also may have exposures anywhere in our footprint.
- Managing a $19,000,000 commercial book of business consisting of GL, Property, IM, Auto, EPLI, Umbrella, etc...
- Mentoring underwriting trainees and underwriting assistants.
- Conducting monthly calls with agency principals regarding goals, trends, products, etc...
- Creation of action plans for struggling agents.
- Responsible for rate, premium and retention goals.
- Collaborate with fellow underwriters as well as management on difficult accounts.
- Build and maintain agency relationships.
Senior Underwriter
Selective Insurance Group Inc
Branchville
06.2018 - 04.2022
- Northeast Underwriting-Assigned to CT, MA, RI and NY. Responsible for any policies written in those states which also may have exposures anywhere in our footprint.
- Managing a $19,000,000 commercial book of business consisting of GL, Property, IM, Auto, EPLI, Umbrella, etc...
- Mentoring underwriting trainees and underwriting assistants.
- Conducting monthly calls with agency principals regarding goals, trends, products, etc...
- Creation of action plans for struggling agents.
- Responsible for rate, premium and retention goals.
- Collaborate with fellow underwriters as well as management on difficult accounts.
- Build and maintain agency relationships.
Senior Underwriter-Commercial Excess and Surplus
Western World Insurance Group
02.2017 - 06.2018
- Contract casualty department. Includes general liability, property, inland marine, E&O and D&O exposures.
- Part of a three person team managing the largest book of business in the contract department. ($60,000,000)
- Mentoring of Underwriters, Associate Underwriters and Assistant underwriters.
- Heading webinars and monthly progress calls for MGA's.
- Creation of action plans for struggling MGA's.
- Educational presentations to underwriting staff as well as MGA's.
- Educational presentations at agent seminar.
- The selection, pricing and monitoring of new and renewal business according to company guidelines per level of authority.
- Responsible for the profitability, production and relationship building of assigned MGAs.
- Market products and services as well as travel to assigned MGAs to develop strong working relationships.
- Communicate with MGAs regarding underwriting approach, risk appetite and expectations.
- Evaluation of MGAs.
- Represent the company at industry functions, conventions and corporate events.
- Complete monthly reports and travel reports.
- Complete monthly policy audits on MGAs.
Underwriter-Commercial Excess and Surplus
Western World Insurance Group
Franklin Lakes
02.2013 - 02.2017
- Contract casualty department. Includes general liability, property, inland marine, E&O and D&O exposures.
- The selection, pricing and monitoring of new and renewal business according to company guidelines per level of authority.
- Responsible for the profitability, production and relationship building of assigned MGAs.
- Market products and services as well as travel to assigned MGAs to develop strong working relationships.
- Communicate with MGAs regarding underwriting approach, risk appetite and expectations.
- Assist in the evaluation of MGAs.
- Represent the company at industry functions, conventions and corporate events.
- Complete monthly reports and travel reports.
- Complete monthly policy audits on MGAs.
Sr. Sales Associate/Production Underwriter
Allstate
Marlboro
05.2006 - 02.2013
- Marlboro, New Jersey NJ Production underwriting with binding authority according to Allstate new and renewal business guidelines.
- Commercial lines underwriting, sales and account management.
- Auto, BOP, GL, WC, umbrella and inland marine for Allstate as well as Allstate's expanded market program including companies such as the Hartford, CNA, Progressive, Knightsbrook, TAPCO, Liberty Underwriters and Utica First.) Development, implementation and efficiency tracking of commercial marketing, scouting and cold calling processes.
- Personal lines underwriting, sales and account management.
- Allstate personal auto, renters, motorcycle, boat and personal umbrella policies.) Property insurance underwriting, sales and account management.
- through Allstate's expanded market program.
- Companies include Cambridge Mutual, Andover, Baystate, FMI, PMI, Fidelity National, American Commerce, Tower Group, Pacific Specialty, Selective, etc.) Processing evidences of insurance and endorsements.
- Marketing and lead generation efficiency monitoring.
- Cross selling, account rounding.
- Familiar with ISO and Accord forms.
Education
Bachelor of Arts - Health and Exercise Science
Rowan University
2000
The Institutes
2014
Affiliations
NAPSLO.
Attended 2015 NAPSLO E&S School.
AAMGA.Attended 2016 AAMGA UFO.Timeline
Senior Underwriting Specialist
Selective Insurance Group Inc
02.2025 - Current
Underwriting Specialist
Selective Insurance Group Inc
04.2022 - 02.2025
Senior Underwriter
Selective Insurance Group Inc
06.2018 - 04.2022
Senior Underwriter-Commercial Excess and Surplus
Western World Insurance Group
02.2017 - 06.2018
Underwriter-Commercial Excess and Surplus
Western World Insurance Group
02.2013 - 02.2017
Sr. Sales Associate/Production Underwriter
Allstate
05.2006 - 02.2013
Bachelor of Arts - Health and Exercise Science
Rowan University
The Institutes