Underwriter, Environmental
About the role
The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions.
Responsibilities
- Communicate with Northeast underwriting management and national environmental and energy product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
- Underwrite and select new business that will produce an underwriting profit.
- Absorb and resolve premium audit disputes within assigned agents/brokers.
- Review submissions and identify exposure and risk from information provided.
- Review terms, conditions and pricing.
- Underwrite renewal business and handle related servicing.
- Implement corrective measures on renewal accounts as needed.
- Monitor producers for profitability and production.
- Market products to producers by coordinating marketing plan with regional and national marketing associates.
- Participate in audits and/or underwriting meetings as required.
Requirements
1+ years of current underwriting experience in commercial insurance required; Casualty experience preferred.
Qualifications
Technologically savvy; proficient in Word, Outlook, & Excel; Strong analytical, organizational, and time management skills; Must be a team player that enjoys a flexible and spontaneous business environment; Able to provide coaching to others.
Skills
Technically proficient in underwriting; Excellent oral and written communication skills; Skilled presentation aptitude; Flexible to travel approximately 25% when appropriate.
Benefits
Competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life. All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance. We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
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. The national average salary range for the Underwriter position is $74,320 - $102,190 with 20% incentive.