Underwriter I
McNeil & Co. · Cortland, NY · 1 wk ago
HybridFinance$50k–$60k/yrFull-time
Position Summary
The Commercial Lines Underwriter I is responsible for managing a book of property/casualty business. This position nurtures agency relationships in order to enhance the customer service experience, while also maintaining underwriting discipline and program profitability.
Essential Functions
- Analyze new and/or renewal business for program eligibility and price business in accordance with program rate and retention targets
- Adhere to Underwriter Authority Agreement
- Adhere to Service Standard Agreement
- Develop and maintain strong interpersonal relationships with internal and external customers through professional and efficient customer service
- Work efficiently and effectively in one core McNeil Program
Additional Responsibilities
- Gain understanding of ISO rules/rates, underwriting manuals and, underwriting guidelines
- Rate new and renewal business as needed
- Comply with state insurance regulations according to ODEN
- Analyze and approve requested policy changes/endorsements
- Work with Risk Management to assist insureds in improving operations and mitigating risk
- Process cancellations, non-renewals, reinstatements as needed
- Gain understanding of program specific product and coverages
- Provide support for other associates when necessary
- Foster a team environment with among team members
- Assist with special projects as assigned
Knowledge, Skills, And Abilities
- Bachelor’s degree or equivalent education/experience preferred
- AINS or CISR designation a plus
- One to three years of underwriting or customer service experience with an insurance company preferred
- Excellent verbal and written communication skills
- Strong negotiation and interpersonal skills
- Strong analytical skills with attention to detail
- Solid time management and organizational skills
Benefits
- Base salary range: $50,000 - $60,000/year
- Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs.
- Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.