P&C Binding Production Underwriter

Compensation Package

• Base Salary: $80,000 – $105,000 (potential to reach $125,000+ for candidates with a significant book of business and strong relationships)
• Bonus Structure: Commission eligibility begins once the producer generates 2x their base salary in revenue and covers support staff costs.
• Equity Participation: Opportunity for future equity participation in a privately held company.
• Comprehensive benefits package, including support for obtaining licensure if required.

Responsibilities

• Build, maintain, and grow a book of business.
• Manage agency relationships and serve as the lead client contact.
• Develop and execute a marketing plan to increase new and renewal business.
• Rate, quote, and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals and new business.
• Develop and submit underwriting referrals to company brokerage facilities and management.
• Monitor key metrics to formulate corrective actions impacting new business hit rates, renewal retention, premium growth, and loss ratios.
• Lead, train, and develop Assistant and Associate Underwriters or Brokers.

Qualifications & Requirements

• Education: Bachelor’s degree or equivalent combination of education and experience.
• Experience: Minimum of 3 years in commercial lines underwriting or brokerage, with excess & surplus experience preferred.
• Demonstrated proficiency in sales and marketing.
• Proven organizational skills with strong attention to detail.
• Interest in continued education and professional development.
• Insurance license, CPCU, CIC, or comparable designations preferred.