Program Underwriter-Construction

Responsibilities

• Underwrite construction book of business in General Liability and Auto programs utilizing sound judgment and discretion as well as relying on underwriting policies and guidelines, rating, rules and insurance laws and regulations.
• Reviews, evaluates, markets and/or prices new and renewal applications, endorsements, and related documents within company/agency granted authority.
• Ensure delivery, follow-up and servicing requirements of all new business and renewal accounts.
• Provide technical underwriting support for assigned accounts/agencies within the team as well as making individual underwriting decisions on referred accounts.
• Accept, reject, classify, price, and bind insurance risks within granted underwriting authority. Also, broker/recommend to company underwriters beyond any authority grants.
• Prepare submissions for rating and handling by the staff.
• Effectively market and negotiate with brokers and insurance companies on individual accounts.
• Effectively communicate with agent or broker clients, company underwriters, internal staff, and management to obtain additional information, quote rates, present proposals, explain company underwriting policies and coverage offerings, as well as servicing existing accounts.
• Address assigned workload within quality, productivity and service standards as established by the company/underwriting guidelines.
• Aid in the development and implementation of new marketing strategies.
• Appropriate and timely response to questions posed by brokers, clients, underwriters, and other team members.
• Cookordination tasks with third party vendors including inspections, audits, and contract review services.
• Visit brokers and company clients to enhance relationships and improve production opportunities up to and including attending trade conventions.
• Cookordination with third party vendors including inspections, audits, and contract review services.

Requirements

• Bachelor’s Degree or equivalent relevant work experience.
• Three plus years of construction related underwriting experience or experience with GL and construction highly preferred.
• Demonstrated ability to build relationships with both agencies and carriers.

Qualifications

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.

Discretionary incentive compensation may be awarded.

Benefits

Jencap offers a range of benefits and programs, based on eligibility, which currently include but are not limited to; comprehensive health care coverage, a 401k plan, and tuition reimbursement.

Pay

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.

Schedule

This role requires flexibility to work in the Red Bank, NJ office OR can work remotely in the Greater NY or NJ area with time in office for meetings.