Commercial Insurance Underwriter

2 weeks ago


Stamford, Connecticut, United States Selby Jennings Full time

Job Title:
Commercial Lines Underwriter

Position Overview:
Selby Jennings is seeking a proficient Commercial Lines Underwriter to enhance their underwriting division.

The successful candidate will possess a robust background in underwriting commercial insurance products, focusing on risk evaluation, coverage determination, and policy pricing.

This position demands exceptional analytical capabilities, meticulous attention to detail, and the capacity to excel in a dynamic work environment.

Key Responsibilities:
1. Assess commercial insurance applications to evaluate risk acceptability and suitable coverage options.
2. Analyze financial documents, loss records, and pertinent data to identify risk factors and pricing implications.
3. Collaborate with agents and brokers to collect essential information and negotiate terms and conditions.
4. Foster and maintain strong relationships with clients, underwriting assistants, and other stakeholders.
5. Stay informed on industry trends and regulatory updates to ensure adherence to underwriting standards and best practices.
6. Review and authorize policy endorsements, renewals, and cancellations in line with company protocols.
7. Provide mentorship and support to underwriting assistants and other team members as required.
8. Contribute to the formulation of underwriting strategies and initiatives aimed at enhancing profitability and growth.

Qualifications:
- Bachelor's degree in Business, Finance, Insurance, or a related discipline.
- A minimum of 1-3 years of experience in commercial lines underwriting.
- Comprehensive knowledge of commercial insurance products, policies, and regulations.
- Strong analytical skills with the ability to evaluate risk and make informed underwriting decisions.
- Excellent communication and negotiation abilities.
- Proficiency in Microsoft Office Suite and underwriting software.
- Capability to work independently and collaboratively within a team setting.

If you are a results-oriented underwriting professional seeking a fulfilling opportunity within a dynamic organization, we encourage you to explore this position.



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