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Sr Commercial Lines Underwriter

4 months ago


Los Angeles, United States UFG Insurance Full time

UFG is currently hiring for a Sr. Commercial Lines Underwriter to join our team The Senior Commercial Lines Underwriter will manage a commercial underwriting territory of approximately $8 million - $14 million. The individual in this role will work hard to attain positive results (premium growth and acceptable loss ratios) through sound risk selection, developing strong relationships with agency personnel, and providing a quality product combined with excellent service. Other responsibilities include serving as a resource mentor, approving risks within your authority, and acting as a resource for training needs.

This position provides a hybrid, in office, or remote work option, but the individual in this role should reside in the state of California.

Responsibilities:

* Underwrite and price new business and renewals by evaluating necessary coverages and determining risk acceptability.* Review applications, MVR's, Experience Mods, Loss experience, risk control reports, credit reports, and company guidelines for risk acceptability* Review applications, endorsement requests and renewals for limits and coverages requested

* Solicit new business and develop a pipeline to source submissions* Develop, analyze, and evaluate information and exposure for highly complex risks.* Properly classify and price the risk using analytical pricing tools and resources* Evaluate change requests. Approve, assign codes and process within underwriting authority* Provide guidance, mentoring, and coaching to Associate Underwriters, Commercial Lines Underwriters, and other team members.* Negotiate with agents on pricing and coverages offered* Provide best in class service to agency partners with timely and professional service* Participate in agency visits to solicit new business, discuss renewal accounts or issues, develop successful relationships with agencies and producers* Manage territory using portfolio management tools and achieve production goals within assigned territory* Collaborate with Marketing as needed to partner on marketing strategy.* Special projects as assigned

Qualifications:

Education:

* High school diploma or equivalent degree required; four-year college degree preferred* AU, CPCU, CIC, or comparable designations preferred

Experience:

* 5+ years commercial lines underwriting experience, with risk evaluation skills and solid insurance contract knowledge

Knowledge, skills & abilities:

* Strong analytical thinking* Strong communication, leadership and negotiating skills* Strong planning and organization skills with the ability to multi-task; and a willingness to accept challenges and take appropriate risks* Ability to handle large workload and prioritize to meet deadlines* Promote a positive and professional image and develop productive relationships with coworkers and agents* Demonstrate an open-minded, collaborative work style* Advanced working knowledge of policy administration systems* Advanced knowledge of the broad range of business insured by UFG.* Strong risk evaluation skills and solid insurance contract knowledge.* Knowledge of agency force and current market environment.* Strong knowledge of coverages, proprietary Ultra/enhancement endorsements.* Affinity for detailed accuracy.* Ability to provide excellent customer service.* Ability to teach others and monitor their development. #J-18808-Ljbffr