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Commercial Lines Field Underwriter - Remote Opportunity

Remote:

Full Remote

Contract:

Full time

Salary:

49 - 89K yearly

Experience:

Mid-level (2-5 years)

Work from:

Arizona (USA), United States

Offer summary

Qualifications:

High School diploma or equivalent, Bachelor’s degree in business administration preferred, Three years of experience in commercial underwriting, Working towards an insurance designation preferred, Broad knowledge of PC insurance industry.

Key responsabilities:

Manage a book of business for profitability and growth
Analyze, select and profitably price business with prescriptive terms
Build successful relationships with agents for positive business flow
Mentor and train new hires and support staff
Achieve key performance indicators and adhere to compliance

GuideOne Insurance Insurance SME https://www.guideone.com/

501 - 1000 Employees

See more GuideOne Insurance offers

Job description

Your missions

Job Description

As a Commercial Underwriter, you are responsible for managing a book of business for profitability and growth. You will review both new and/or renewal business, assess risk of coverage, prepare quotes and respond to coverage questions, within the assigned authority level. In this role you will also build successful relationships with agents to drive increased, positive business flow. To be successful in this role you will work under limited supervision and exercise significant independent judgement in performing work. Based on location and requirements of the role, this position will either be a hybrid or a remote position.

Responsibilities

Delivers profitable outcomes on less complex niche business through effective risk selection by:

Analyzing, selecting and profitably pricing business with prescriptive terms and conditions of coverage
Examining inspection reports, location, risk, financial and other available tools and reports to identify new or unresolved concerns
Communicating with Risk Control for inspections, follow ups and service needs for insureds
Driving corrective action or remediation strategies on renewal accounts
Escalating referrals, in a timely manner, on accounts that need additional review or approval by higher level underwriters
Adhering to service expectations and regulatory compliance by the timely release of renewals, non-renewals and conditional notices

Accountable for achieving key performance indicators of the portfolio including:

Developing and furthering successful relationships with distribution partners within the portfolio by:

Having regularly scheduled portfolio review calls
Meeting voice of the customer guidelines
Limited travel to distribution partner offices

Consistently meeting our voice of the customer standards
Coordinating with distribution team to building pipeline, resolve issues, concerns or conflict and oversee change management
Communicating regularly with portfolio team members on health of assigned agencies and market conditions that could impact the portfolio

Cultivate a High Performing Culture

Superior customer service and business acumen
Mentoring support staff throughout their career development.
Conduct peer audits and approve underwriting decisions (LOAs) for lower authority levels.
Assist in the training of new hires and internal promotions by providing continuous mentoring and feedback to foster successful employee development.
Reviewing, mentoring, and approving referrals for lower authority level associates
Perform other related work as assigned.

Skills & Requirements

Required Qualifications:

High School diploma, or equivalent.
Bachelor’s degree in business administration, finance or related field of study preferred.
Holding or working towards an insurance designation preferred (CPCU, IIA, etc.).
Three years of progressively responsible experience in commercial underwriting, including one to two years in a property and casualty insurance company.

Recommended Qualifications:

Broad knowledge of common terms, practices, processes and regulations in the P&C insurance industry.
An ability to consistently apply advanced underwriting concepts and practices within the P&C underwriting field.
Adept at applying negotiating skills, reasonableness and exercising sound judgment in analysis and decision making processes.
Ability to convey clear & concise information to others utilizing excellent verbal and written communication skills.
Advanced analytical, problem-solving and decision-making skills.
Strong customer service orientation.
Advanced knowledge of Microsoft products including a strong foundation in Excel (pivot tables, vlookups, etc.) for the purpose of strategic analysis.
Strong attention to numeric and other details.
Strong customer service orientation.
Organizational skills and ability to manage large work volume and meet tight deadlines.

Compensation:

$48,600 - $81,000 commensurate with experience, plus bonus eligibility
$53,400 - $89,000 commensurate with experience in CA, CT, MA, NJ, NY, and PA, plus bonus eligibility

Benefits:

We are proud to offer a robust benefits suite that includes:

Competitive base salary plus incentive plans for eligible team members
401(K) retirement plan that includes a company match of up to 6% of your eligible salary
Free basic life and AD&D, long-term disability and short-term disability insurance
Medical, dental and vision plans to meet your unique healthcare needs
Wellness incentives
Generous time off program that includes personal, holiday and volunteer paid time off
Flexible work schedules and hybrid/remote options for eligible positions
Educational assistance