Underwriter

1 month ago

Stamford, Connecticut, United States Selby Jennings Full time

A leading provider of insurance solutions continues to innovate and excel in the insurance industry. Our client is dedicated to delivering exceptional service and tailored insurance products to meet the diverse needs of their clients. As a Commercial Lines Underwriter, you'll play a vital role in assessing risk and ensuring the profitability of their commercial insurance portfolio. This role is hybrid in Stamford, CT (2 days in, 3 days remote).

Position Overview: A top tier insurance company is seeking a skilled Commercial Lines Underwriter to join their team in Stamford, CT. The ideal candidate will have a strong background in underwriting commercial insurance policies, with a focus on analyzing risk, determining coverage, and pricing policies accordingly. This role requires excellent analytical skills, attention to detail, and the ability to thrive in a fast-paced environment.

Key Responsibilities:

  • Evaluate commercial insurance applications to determine risk acceptability and appropriate coverage levels.
  • Analyze financial statements, loss history, and other relevant data to assess risk factors and pricing considerations.
  • Collaborate with agents and brokers to gather necessary information and negotiate terms and conditions.
  • Develop and maintain strong relationships with clients, underwriting assistants, and other stakeholders.
  • Monitor industry trends and regulatory changes to ensure compliance with underwriting guidelines and best practices.
  • Review and approve policy endorsements, renewals, and cancellations in accordance with company policies and procedures.
  • Provide guidance and support to underwriting assistants and other team members as needed.
  • Contribute to the development of underwriting strategies and initiatives to enhance profitability and growth.

Qualifications:

  • Bachelor's degree in Business, Finance, Insurance, or related field.
  • Minimum of 2 years of experience in commercial lines underwriting.
  • Strong knowledge of commercial insurance products, policies, and regulations.
  • Excellent analytical skills with the ability to assess risk and make sound underwriting decisions.
  • Exceptional communication and negotiation skills.
  • Proficiency in Microsoft Office Suite and underwriting software.
  • Ability to work independently and collaboratively in a team environment.

Why Join Us:

  • Competitive salary and comprehensive benefits package.
  • Opportunities for professional growth and career advancement.
  • Supportive and collaborative work environment.
  • Commitment to diversity, equity, and inclusion.
  • Cutting-edge technology and resources to enhance productivity.
  • Located in vibrant Stamford, CT, with easy access to transportation and amenities.

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