Executive Commercial Lines Underwriter
4 weeks ago
Utica National Insurance Group is seeking a highly skilled Executive Commercial Lines Underwriter to join our team. As a key member of our underwriting team, you will be responsible for evaluating and managing commercial lines insurance risks, ensuring the utmost satisfaction for our insureds.
Key Responsibilities
- Analyze and evaluate new submissions and renewal accounts to determine acceptability of the risk within parameters outlined within the Underwriting Authority CL Underwriter Document
- Reviews, interprets and processes data from various sources, including applications forms and loss history
- Able to articulate and practice principles of risk management including knowledge of exposure/hazard identification and control
- Clearly communicates appetite, underwriting standards, declination reasons and coverage advantages to Agents and internal partners to ensure profitability and generate a flow of quality new business submissions and retention
- Cultivates strong business relationships (internal and external) by proactively communicating and conveying ownership and commitment
- Anticipates and meets the needs of customers and readily adjusts priorities to respond to pressing and changing client requirements
- Manage a high-volume agency assignment with increased authority limits at expected quality control results
- Display the competency to analyze the 'agents' book of business, through risk characteristics profile/evaluation, to determine correction action(s) or opportunities to generate profitable growth
- Complete understanding management information data (i.e. Power BI)
- Strong understanding of the Commercial Lines marketplace/products
- Able to prepare material for agency reviews and work with the account underwriter on agency production and loss ratio improvement plans
Requirements
- Bachelor's degree or equivalent experience preferred
- Minimum 5 years of experience in Commercial Lines Middle Market Underwriting preferred
- Strong knowledge and understanding of General Liability, Worker's Compensation, Property, and Commercial Auto lines of business
- Proven track record of successful underwriting and portfolio management in the middle market segment
- Excellent analytical and decision-making skills
- Strong communication, negotiation, and relationship-building abilities
- Ability to work independently and as part of a team in a fast-paced and dynamic environment
About Us
Utica National Insurance Group is an 'A' rated, award-winning, nationally recognized property & casualty insurance carrier. We operate along the Eastern half of the United States, based in our Home Office in Central New York, with Regional Office locations including Boston, NYC, Atlanta, Dallas, Columbus, Richmond, Chicago. We take our corporate promise to heart every day: To make people feel secure, appreciated, and respected.
What We Offer
We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following
- Medical and Prescription Drug Benefit
- Dental Benefit
- Vision Benefit
- Life Insurance and Disability Benefits
- 401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
- Health Savings Account (HSA)
- Flexible Spending Accounts
- Tuition Assistance, Training, and Professional Designations
- Company-Paid Family Leave
- Adoption/Surrogacy Assistance Benefit
- Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
- Student Loan Refinancing Services
- Membership with Back-up Care, Senior Solutions
- Business Travel Accident Insurance
- Matching Gifts program
- Paid Volunteer Day
- Employee Referral Award Program
- Wellness programs
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