Commercial Lines Underwriter
MMG Insurance · Richmond, VA · 1 wk ago
HybridFinanceFull-time
What You'll Do
- Evaluates and underwrites new Commercial Lines business submissions within designated authority, focusing on complete and lower-complexity accounts
- Utilizes average product knowledge in Commercial Lines, manages the renewal process including making decisions about loss recommendations, adjustments to pricing or deductibles, and non-renewals
- Reviews and decides on Commercial Lines endorsement requests, including reinstatement of cancellation notices for non-payment or underwriting reasons
- Reviews and submits Commercial Lines higher-level risks for decision-making to Commercial Lines Lead and Senior Underwriters
- Responds to basic Claims Reports to Underwriting (CRU), and makes recommendations for any actions, if needed
- Communicates with marketing representatives, agency staff, and other insurance or inspection companies to gather information, provide quotes, or clarify underwriting policies
- Develops and maintains positive Company/Agency relations which may include agency travel and visitation, and attendance at various conventions/meetings (may include overnight stay)
What You Bring
- 2-5 years of experience with property/casualty underwriting
- Ability to work independently and as part of a team
- Strong communication and interpersonal skills
- Strong attention to detail
- Travel as required by business needs (estimated 10-20%)
Essential Functions
- Evaluating commercial insurance risks
- Making underwriting decisions within authority
- Communicating effectively with internal and external partners