Underwriter Commercial Lines
About this role
Position is responsible for risk selection, pricing and negotiation with agency personnel within assigned authority levels. The Underwriter and Territorial Manager - Marketing work together with the underwriting team to meet loss ratio, written premium, and service objectives. Salary Grade (11) 63,994.87 - 81,592.65 - 99,191.48
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Accepts or rejects and assigns proper classifications and pricing new business based on underwriting criteria, investigative reports and loss history within assigned authority levels.
Reviews renewal policies for acceptability and prices the renewals based on risk characteristics and market conditions within assigned authority levels.
Underwrites existing business within assigned authority levels.
Travels to agencies to strengthen company/agency relationships, to discuss underwriting issues, and for on and off site training.
Communicates with Territorial Managers - Marketing and other departmental and company personnel regarding underwriting issues.
Communicate via telephone, fax, electronic and written communication with agency personnel on underwriting issues.
Assist co-workers and agents in developing their Commercial Lines knowledge and skills.
Recommends changes in rates and products to meet company, departmental and individual objectives.
Works closely with Territorial Managers - Marketing and the underwriting team on an ongoing basis to develop action plans to achieve objectives for assigned territory.
Provides instructions for rating, classification, pricing and endorsements to CSR staff.
SUPERVISORY RESPONSIBILITIES
None
QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
2 + years Commercial Lines underwriting experience