Production Underwriter
Distinguished Programs · United States · 3 wk ago
RemoteRemoteFinanceFull-time
About the role
Distinguished is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with expertise in Real Estate, Community Associations, Hospitality, Fine Art/Collectibles, Restaurants, Surety, Transactional Risk and Environmental/Construction Professional. You will work with an energetic, passionate team that helps customers grow their business and builds a best-in-class system.
Responsibilities
- Solicit and shepherd new submissions based on program appetite.
- Build and manage a new business pipeline through outbound interaction with brokers including outbound phone calls and in-person broker visits.
- Gather competitor information and market intelligence and understand trends to identify opportunities for improvements to products and pricing.
- Manage new submissions to ensure proper risk selection, premium and coverage.
- Underwrite community association risks by identifying and analyzing risk exposures, loss frequency and severity against desired coverage.
- Provide and create solutions for a broad range of inquiries from brokers and team members.
- Seek out cross marketing opportunities.
- Manage renewals to maximize policy retention including midterm servicing with various carriers and brokers, within your authority in an assigned territory.
- Develop relationships with brokers, with the "customer experience" in mind, and deliver exceptional experiences with every interaction, in all modes of communication.
- Work independently within deadlines while understanding the necessity for appropriate prioritization, communicating and coordinating work efforts with stakeholders.
- Maintain quality control, compliance and proper documentation.
- Promote teamwork and organizational success, while accepting accountability and ownership, celebrating successes and learning from past mistakes.
- Identify opportunities to improve efficiency through process, procedure, and system improvements.
- Participate in other company projects and new initiatives.
Qualifications
- Bachelor’s degree or equivalent combination of education/experience.
- Minimum 8 years of in-depth commercial package policy underwriting experience. Community Associations with high CAT exposure experience preferred.
- Having a professional designation(s) is a plus.
- Strong verbal and written communication skills, including negotiation skills with the ability to influence and persuade.
- Analytical and quantitative skills.
- Must be self-driven, detail-oriented, flexible/adaptable, comfortable in a growing ever-changing organization, and have strong organizational skills including time-management and prioritization.
- Comprehensive knowledge of commercial lines products.
- Must possess strong and effective negotiation, analytical and problem-solving skills.
- Able to effectively and independently manage complex workload while exhibiting very sound judgment.
- Demonstrated ability to develop and maintain broker relationships.
- Exemplify superior teamwork.
- Ability to effectively penetrate and increase our new business writings.
- Strong leadership, communication, influencing, presentation, negotiation, planning and team effectiveness skills.
Skills
- Bachelor’s degree or equivalent combination of education/experience.
- Minimum 8 years of in-depth commercial package policy underwriting experience. Community Associations with high CAT exposure experience preferred.
- Having a professional designation(s) is a plus.
- Strong verbal and written communication skills, including negotiation skills with the ability to influence and persuade.
- Analytical and quantitative skills.
- Self-driven, detail-oriented, flexible/adaptable, comfortable in a growing ever-changing organization, and have strong organizational skills including time-management and prioritization.
- Comprehensive knowledge of commercial lines products.
- Strong negotiation, analytical and problem-solving skills.
- Effective and independent management of complex workload while exhibiting very sound judgment.
- Developing and maintaining broker relationships.
- Penetrating and increasing new business writings.
- Strong leadership, communication, influencing, presentation, negotiation, planning and team effectiveness skills.
Benefits
- $100,000 - $120,000 base salary plus bonus.
- Salary commensurate with knowledge, skills, experience, and geographic location.
- Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day).
- Full healthcare coverage including Medical, Vision, and Dental.
- 401k - 4% company match. Immediately 100% vested.
- Life, disability and supplemental insurance.
- Growth and development opportunities.
- Wellness Benefits including an Employee Assistance Program, Telemedicine, and Peloton App Digital Membership for 1 year (or if you have Peloton equipment, receive a 4-month waiver).
- Work/Life Balance with generous time off policy including PTO and paid holidays, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years.
Core Values
- Innovation enables us to remain an industry trendsetter.
- You will collaborate with leaders in the organization and build RELATIONSHIPS with your colleagues, carriers and customers.
- Acceptance and appreciation for diversity and inclusion are at our core.