Commercial Lines Market Facing Underwriter
NJM Insurance Group · Rocky Hill, CT · 2 mo ago
Finance$112k–$130k/yrFull-time
About the role
New Jersey Manufacturers Insurance Company (NJM) is a leading mid-sized U.S. property and casualty insurance company with a focus on the needs of its policyholders. The ideal candidate will be a highly motivated, self-directed individual with an entrepreneurial mindset.
Responsibilities
- Develop and manage a local territory for new business opportunities in Commercial Package, Auto, Workers Compensation, and Umbrella.
- Drive profitability and growth by identifying new business, negotiating renewals, and maintaining strong customer and producer relationships.
- Collaborate with the Commercial Sales Team and support product development through market intelligence and departmental projects.
- Ensure compliance with legal/regulatory standards and assist in mentoring and training underwriting staff.
Qualifications
- High School Diploma or Equivalent
- 7+ years of Commercial Lines experience with a focus on Middle Market Underwriting experience.
- Experience with portfolio management and a focus on profitable growth.
- Extensive knowledge of Commercial Multi-line Package underwriting with emphasis on technical risk assessment and pricing.
- Umbrella underwriting experience required.
- Working knowledge of Facultative Reinsurance.
- Possesses knowledge of the local marketplace, industry trends and regulatory environment.
- Ability to collaborate with NJM personnel and Agency Staff to accomplish mutual goals.
- Ability to travel throughout the assigned territory and surrounding areas several times per week.
- Travel to our headquarters in West Trenton for Staff meetings and events on a quarterly basis – at a minimum.
Skills
- Knowledge of Guidewire (a plus)
- Completion of general insurance courses such as CPCU, AU, ARM or CIC (a plus)
- Proficient in Microsoft Office Suite, including Word, Excel, and PowerPoint.
Benefits
This position offers a competitive Total Rewards package, including but not limited to:
- A 401(k) with employer match up to 8% and additional service-based contributions
- Health, Dental, and Vision insurance
- Life and Disability coverage
- Generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave.
- Discretionary bonuses (eligible full-time employees).