Commercial Insurance Underwriter

Join a fast-growing global reinsurance and commercial P&C insurance carrier expanding their footprint through organic growth and strategic acquisitions. Expect career growth and advancement opportunitiesThis Jobot Job is hosted by Blake WilliamsAre you a fit? Easy Apply now by clicking the “Apply” button and sending us your resume.Salary $80,000 – $140,000 per yearA Bit About UsWe are a fast-growing global reinsurance and commercial P&C insurance carrier expanding our footprint through organic growth and strategic acquisitions. With our unique approach and focus on advanced technologies, we have evolved into a leading diversified specialty insurer and reinsurer.Why join us?We allow our employees to take ownership, be creative, and get things done with minimal corporate bureaucracy. We have an amazing culture of work/life balance, rewarding achievements through employee recognition and promotions, and amazing office locations with plenty of remote work flexibility. We offer our employees outstanding benefits Generous annual performance bonus (depending on your role) Generous 401(k) matching + employer contribution Stock Purchase Plan Purchase stock at a 15% discount vested after 6 months 20 days of PTO + 10 company paid holidays Generous Medical, Dental, and Vision coverage Short Term Disability & Long Term Disability at no cost to you Generous Paternal Leave Adoption Assistance Continuing Education Generous Life Insurance CoverageJob DetailsWe are looking for a Commercial Insurance Underwriter to work on new business lines within the P&C business unit and will provide essential underwriting support to the overall execution of these programs.Job Responsibilities Support the development of annual detailed financial budget that includes key metrics that will be measured against budget throughout the year Handle all account referrals from sales teams to underwrite, manage and document according to guidelines Manage all underwriting aspects of program, including guidelines, catastrophe capacity utilization, loss results, audits, referrals and others as necessary Provide underwriting leadership to initiatives that address program growth and profit objectives Analyze loss data, flow and hit ratios, renewal retention, referral activity and other relevant data to identify underwriting guideline or referral changes that support growth and profit objectives Support analysis of key performance indicators for top line and bottom line on regular basis and assess versus budget expectations Support the development of plans to address opportunities or issues uncovered in analysis Develop strong working relationships with underwriting management and staff for each assigned program Provide technical underwriting support to underwriting administration teams to help improve their business or financial resultsIdeal Background 3+ years of commercial insurance underwriting experience with various business lines (Property, Casualty, Liability, D&O, EPL, E&S, and Cyber) Experience analyzing loss data, trends, hit ratios, renewal retention activity and relevant data to identify underwriting guideline or referral changes that support growth and project objectives Experience underwriting new and renewal business by reviewing and analyzing insured’s operations, loss history, and other pertinent information Solid understanding of financial statements Effective problem solving, analytical, and decision making, and negotiation skills Industry specific study and designations (such as CPCU, CIP, FCIP) preferred BA or BS degree in Economics, Business, Finance, or AccountingInterested in hearing more? Easy Apply now by clicking the “Apply” button.

Related Post