Sr. Underwriter I
HybridPhoenix, Arizona, United States or Dallas, Texas, United States
Job Summary
Analyze commercial lines accounts to make sound decisions based on individual risk characteristics, exposure analysis, hazard recognition, and controls. Price business according to company underwriting and pricing guidelines while balancing effective pricing, risk selection, and profitable growth. Communicate with agency personnel on underwriting issues including declinations, cancellations, exposure concerns, and loss control survey results. Present new and renewal proposals to agency personnel and meet regularly to develop and maintain positive relationships. Collaborate with business development and marketing representatives to hold agencies accountable for flow, hit ratio, new business, and retention goals. Serve as a resource for resolving complex problems and act as a subject matter expert for referrals and internal training. Educate agency staff on company products, services, and underwriting philosophy.
Required Qualifications
- Bachelor's degree or equivalent experience
- 5+ years of commercial insurance experience
- Advanced knowledge of insurance principles, rates, rules, forms, procedures, regulations, coverages, and business processes
- Advanced knowledge and/or experience with commercial lines underwriting
- Strong sales and marketing skills which requires the ability to qualify opportunities and close deals
- Ability to work in a team environment
- Strong communication and negotiation skills
- Excellent time management and organizational skills
- Analytical skills and attention to detail
- Must balance effective pricing and risk selection that produces profit and growth while maintaining successful producer relationships
- Must be able to hold the agency accountable for flow, hit ratio, new business and retention goals
- Must be available for weekend shifts
- Must be able to lift 50 lbs
Desired Qualifications
- The knowledge and skill levels acquired through undergraduate studies especially in the areas of business administration & finance
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.