We are looking for a Commercial Auto Underwriter to join our team. This role reports to the VP of Transportation and involves performing risk selection and pricing on endorsements, renewals, and new business within the guidelines and authority established between MGU and various contracted carriers. The Commercial Transportation Underwriter reviews new business and renewal quotes before issuance and may make marketing calls to brokers and agents as needed. This position requires creativity, multitasking skills, and adherence to division goals and culture.
Your Impact:
- Assess and price endorsements, renewals, and new business according to guidelines and authority as outlined in the underwriting manual and as assigned by their manager. Lines of business to underwrite include general liability, auto liability (incl. HNO), physical damage, umbrella/excess, property, crime, motor truck cargo, contingent auto, and cargo
- Provide customer service by responding promptly and courteously to all requests for information
- Ensure timely and accurate preparation and issuance of policies, as identified and delegated by the manager. This will sometimes require delegation of tasks to an underwriting assistant
- Effectively communicate company standards, mission, underwriting guidelines, and requirements to brokers
- Provide accurate documentation in the file and/or in electronic notes of underwriting thought process
- Order/review inspection reports to assess risk quality and to confirm exposure base accuracy, as assigned by manager
- Actively manage relationships with assigned brokers and agents
Successful Candidate Will Have:
- Minimum 2 years’ experience as a Transportation Underwriter in a multi-state and multi-line commercial insurance environment required
- Prior experience working remotely from a home office 100% of the time is required, should applicant not be local to the Greater Cleveland area and/or not able to commute daily to local office
- Strong technical P&C underwriting knowledge and skills, specifically focused on Commercial Auto
- Advanced knowledge of ISO commercial class codes and CLM rules, forms, rating and regulatory requirements
- Very strong knowledge of underwriting and pricing principles and the ability to use this knowledge to make underwriting and pricing decisions based on program criteria and strategy
About One80:
One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business. Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2022, Business Insurance ranked One80 as the 5th Largest MGA/Underwriting Manager/Lloyd’s Coverholder, and 5th Largest Underwriting Manager in the country.
Excess Program Managers (IEPM), a subsidiary of One80 Intermediaries, is a wholesale insurance brokerage and program manager operating in all fifty states. Established in 1998 and headquartered in Beachwood, Ohio, IEPM provides access to a full range of insurance products, and specializes in property, liability, inland marine, errors and omissions, directors and officers, commercial auto and umbrella coverage.
At One80 Intermediaries, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings. The total compensation for a position may also include other elements dependent on the position offered. The expected base annual pay range for this position is between $55,000 - $96,200 plus discretionary bonus. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience