Commercial Lines Underwriter

3 weeks ago

Montpelier, United States Vermont Mutual Full time
Job DescriptionJob Description

This is a hybrid position located in Montpelier VT; Remote work may be considered for an experienced candidate.

Perform a full range of policy underwriting functions related to commercial lines of insurance, involving accepting or declining risks, determining appropriate coverage levels and terms for accepting risks, and preparing policies for issuance. Perform a variety of agent liaison/account servicing functions. The focus of the job is on managing an assigned underwriting territory consisting of moderate volume or complexity. This position requires regular oversight from senior staff on new business and minimal oversight from senior staff on existing business.

DUTIES & RESPONSIBILITIES

  • Process requests for quotes on and applications for new business:
    1. review and analyze request/application to determine acceptability under current company guidelines and policies, seeking additional information from agents as needed; prepare worksheets documenting analysis; approve or decline, determining appropriate terms for accepting risks, considering exposures, amount of coverage, need for inspection reports, corrective measures, and the like;
    2. notify agent of/explain reasons for decisions to decline; give agents quotes;
    3. prepare application and related forms for rating; review completed rating and all forms following rating for accuracy and completeness; initiate actual issuance of the policy, annotate approval prior to routing the task to be issued;
    4. assign reinsurance if necessary;
    5. ensure all policy documents and internal processing forms are completed;
    6. order survey/inspection if needed; review inspection results, determine appropriate follow up actions, if indicated, and notify agents.
  • Process policy renewals: review policies coming up for renewal; initiate pre-renewal notices to agents; if policy is to be renewed and all necessary information obtained, process for rating and issuance.
  • Process policy endorsements: review for completeness of information and acceptability of risk; obtain additional information if needed; process for rating and issuance.
  • Process cancellations and non-renewals at anniversary or expiration dates:
    1. review agents' requests for cancellation to verify compliance with legal requirements, cancellation date, etc.; obtain additional information if needed;
    2. approve and route for internal processing and formal cancellation;
    3. initiate company cancellations and non-renewals, ensuring that legal notice requirements are met; execute cancellation request, ensuring that all proper documentation is completed.
  • Process mid-term cancellations, at agency or company initiative, for non-payment, increase in hazard, or other allowable reasons, ensuring that all legal requirements are met, and work with the manager to obtain permission from State Insurance Commissioner if necessary.
  • Review losses to detect frequency or severity problems; suggest changes to improve loss ratio and monitor potential problem policies; initiate cancellation if problems continue and no alternative coverage approaches are viable.
  • Perform key liaison functions with agents within assigned geographic area: solicit information for quotes, give quotes, explain declined business, discuss problems or unusual situations, provide agents with a wide variety of information related to policy and coverage options, encourage continuing business, and the like.
  • Perform as needed agency visits including attendance at company functions or agent conventions.
  • Demonstrate a good commitment to customer service through prompt response to agents, effective negotiation, and overall workflow management.
  • Confer regularly with manager, other underwriting staff and other company personnel to plan, coordinate and evaluate activities, exchange information, investigate and resolve problems, consult regarding acceptable risks, and the like. Seek assistance from manager or senior staff regarding any aspects of underwriting a policy that are questionable or deviate significantly from standard precedents and/or company operating policies/procedures. Obtain approval of all larger and unusual acceptable risks.
  • Perform a variety of filing and recordkeeping tasks associated with assigned underwriting functions.
  • Assist in daily oversight of associate underwriters.
  • Keep abreast of relevant changes in legal requirements, industry standards and trends, company policies and guidelines, and so forth.
  • Work with senior underwriting staff and take formal courses to acquire more advanced knowledge and skills required to become fully proficient in underwriting.
  • Utilize and understand the software that is necessary to perform job: e-mail, web, word processing, spreadsheets, rating software, ImageRight, AS/400, Reference Connect and automated phone system.
  • Serve on departmental or company committees as assigned.
  • Perform other duties or special projects as required or as assigned.

SUPERVISION RECEIVED

Moderate supervision is received from a Commercial Lines Manager.

QUALIFICATIONS

  • Associate’s or bachelor’s degree in business or other appropriate discipline plus 1 or more years of industry experience including at least 1 year of commercial lines experience with an insurance Company or agency, or a combination of education and experience from which comparable knowledge and skills are acquired
  • Excellent math, analytical and problem-solving skills. Good writing skills.
  • Proficiency with Microsoft Word, Excel and Outlook.
  • Experience with Imaging systems, Reference Connect and AS400 preferred.
  • Strong interpersonal skills; ability to represent the company and deal courteously and effectively with agents, as well as company personnel and others outside the company, in carrying out the varied liaison and account servicing functions of the job.

PHYSICAL DEMANDS/WORKING CONDITIONS

  • Predominately sedentary office position with high frequency of keyboarding/computer work required.
  • The physical demands are minimal and typical of similar jobs in comparable organizations.
  • The work environment is representative and typical of similar jobs in comparable organizations.

  • Commercial Lines Associate Underwriter

    4 days ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionBased on a level of authority granted by commercial lines underwriting management, an associate underwriter I will perform a full range of policy underwriting functions related to commercial lines of insurance, including but not limited to, accepting or declining risks, determining appropriate coverage levels and terms for...

  • Commercial Lines Underwriter

    2 months ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionThis is a hybrid position located in Montpelier VT; Remote work may be considered for an experienced candidate.Perform a full range of policy underwriting functions related to commercial lines of insurance, involving accepting or declining risks, determining appropriate coverage levels and terms for accepting risks, and...

  • Senior Underwriter

    3 weeks ago

    Montpelier, United States EMC Insurance Full time

    At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain the best people by engaging, developing and rewarding employees. **This position can be performed remotely for candidates who reside in Pennsylvania** Selects,...

  • Underwriting Service Technician I

    2 weeks ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionTo perform a variety of commercial lines and or personal lines tasks - related to application entry/registration; processing money and non-money policy changes; processing basic renewals; basic cancellations; and other various duties to support the underwriting service group.DUTIES & RESPONSIBILITIESEnter policy application data...

  • PL Underwriter I

    3 weeks ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionTo perform a full range of policy underwriting functions related to personal lines of insurance, involving accepting or declining risks, determining appropriate levels and terms for accepting risk, and preparing policies for issuance. To perform a variety of agent liaison/account servicing functions. The focus of the job is on...

  • PL Underwriter I

    4 weeks ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionTo perform a full range of policy underwriting functions related to personal lines of insurance, involving accepting or declining risks, determining appropriate levels and terms for accepting risk, and preparing policies for issuance. To perform a variety of agent liaison/account servicing functions. The focus of the job is on...

  • PL Underwriter I

    2 weeks ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionTo perform a full range of policy underwriting functions related to personal lines of insurance, involving accepting or declining risks, determining appropriate levels and terms for accepting risk, and preparing policies for issuance. To perform a variety of agent liaison/account servicing functions. The focus of the job is on...

  • Insurance Professional Trainee Program

    2 months ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionWe are pleased to offer a training program for individuals setting their career sights on the insurance industry. This robust program includes the training, mentorship and on the job training for Candidates to be successful as either a Claims or Underwriting professional by the end of the program. No experience required! This is...

  • Insurance Professional Trainee Program

    1 week ago

    Montpelier, United States Vermont Mutual Full time

    Job DescriptionJob DescriptionWe are pleased to offer a training program for individuals setting their career sights on the insurance industry. This robust program includes the training, mentorship and on the job training for Candidates to be successful as either a Claims or Underwriting professional by the end of the program. No experience required! This is...

  • Commercial Sales Manager

    4 weeks ago

    Montpelier, United States AutoZone Full time

    AutoZone, Inc. Commercial Sales Manager Berlin , Vermont Apply Now The Commercial Sales Manager is responsible for driving the commercial sales within their AutoZone location. The CSM develops and maintains positive relationships with commercial customers by managing the acquisition and delivery of products, providing ongoing customer service, and...

  • Commercial Sales Manager

    3 weeks ago

    Montpelier, United States AutoZone Full time

    AutoZone, Inc. Commercial Sales Manager Berlin , Vermont Apply Now The Commercial Sales Manager is responsible for driving the commercial sales within their AutoZone location. The CSM develops and maintains positive relationships with commercial customers by managing the acquisition and delivery of products, providing ongoing customer service, and...

  • LifeWise Vehicle Driver

    2 weeks ago

    Montpelier, United States LifeWise Academy Programs Full time

    Job DescriptionJob DescriptionOverview As a LifeWise vehicle driver in the LifeWise Montpelier Exempted Village program, you will provide safe and reliable transportation for public school students to and from the LifeWise site. Our ideal candidate is responsible and punctual and has a clean driving record.Job Responsibilities OverviewTransport children and...

  • LifeWise Vehicle Driver

    2 weeks ago

    Montpelier, United States LifeWise Academy Programs Full time

    Job DescriptionJob DescriptionOverview As a LifeWise vehicle driver in the LifeWise Montpelier Exempted Village program, you will provide safe and reliable transportation for public school students to and from the LifeWise site. Our ideal candidate is responsible and punctual and has a clean driving record.Job Responsibilities OverviewTransport children and...

  • PL Territory Sales Manager

    3 weeks ago

    Montpelier, United States The Hanover Insurance Group Full time

    For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey. Our Personal Lines Sales team is seeking an experienced Territory Sales Manager to work in New Hampshire & Vermont. This is a...

  • Regional Representative

    3 weeks ago

    Montpelier, United States Church Mutual Insurance, S.I. Full time

    IntroductionLooking to join a vibrant organization that makes a difference? At Church Mutual, our customers are at the heart of everything we do. For more than 125 years, we've made it our business to protect those who serve and inspire others through our specialized insurance expertise and innovative solutions. Our customers do amazing things for the world...

  • Select Business Unit Account Manager

    1 week ago

    Montpelier, United States NFP Corp Full time

    **Who We Are** **Summary of Role**: **Essential Duties and Responsibilities**: - Works proactively to develop relationships with client contacts. - Attends departmental meetings - Engages in proactive Account Reviews with the client, and initiating the request for coverage changes and/or quotes as a result to the appropriate department. - Works daily in...

  • Journeyman Lineman

    3 weeks ago

    Montpelier, Vermont, United States PacifiCorp Full time

    JOIN OUR TEAMPacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion. ResponsibilitiesAs a Journeyman Lineman you will install, maintain and repair all transmission and distribution electrical systems and associated...

  • Finance Leadership Rotation Program

    3 weeks ago

    Montpelier, United States National Life Group Full time

    Finance Leadership Rotation ProgramWe are looking for talented, driven, and passionate people who aspire to lead others and are excited to join an early career program that offers robust hands-on development.The finance leadership rotation program consists of three approximately one-year rotations through our organizations finance and accounting functions...

  • Outside Sales Account Executive, Direct Sales Electronic Payments, Northeast

    3 weeks ago

    Montpelier, United States Xplor Full time

    Company Description At Xplor, we believe that helping people make the most of each day is the most rewarding way to spend ours. We give small and medium-sized businesses cloud-based, intuitive technology solutions that enable them to manage all the hassles of running and growing a business, so business owners can get back to doing what they love....

  • Outside Sales Account Executive, Direct Sales Electronic Payments, Northeast

    2 weeks ago

    Montpelier, United States Xplor Full time

    Company Description At Xplor, we believe that helping people make the most of each day is the most rewarding way to spend ours. We give small and medium-sized businesses cloud-based, intuitive technology solutions that enable them to manage all the hassles of running and growing a business, so business owners can get back to doing what they love....