Commercial Underwriter I

3 days ago


Charlotte, North Carolina, United States Allstate Insurance Company Full time
Job Description

The Commercial Underwriter I plays a crucial role in assessing risk and determining the suitability of business cases for our company. As a key member of our underwriting team, you will evaluate business submissions from a risk perspective to grow our Commercial Auto business profitably.

Key Responsibilities:
  • Evaluate business cases from an underwriting perspective to determine risk acceptability.
  • Make informed decisions on risk acceptability, considering various factors and guidelines.
  • Collaborate with Customer Service and Backoffice teams as the primary point of contact.
  • Implement underwriting procedures to achieve growth and profit objectives.
  • Contribute to the underwriting of new business and renewals, providing input on product decisions and procedures.
  • Develop and analyze data to inform pricing, underwriting, and sales decisions.
  • Analyze the quality of assigned books of business through agent and profile reviews, audits, and ongoing communication with Product Managers and Sales.
  • Help determine actions needed for agent rehabilitation.
  • Develop knowledge of state and federal laws and regulations applicable to commercial vehicles.
Requirements:
  • Bachelor's Degree or equivalent education, training, and work-related experience.
  • 6+ months of commercial underwriting experience.
  • Strong communication and interpersonal skills.
  • Ability to establish and maintain agency relationships.
  • Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint).
  • Effective negotiation and sales skills.
  • Strong attention to detail and organizational skills.
  • Ability to work in a fast-paced environment meeting aggressive business deadlines.
Preferred Qualifications:
  • Bachelor's Degree in a Business-related field.
  • 1+ years of insurance underwriting experience in Commercial lines.
  • Willingness to pursue insurance professional designations.
  • Thorough knowledge of Policy Processing systems.
  • Ability to effectively prioritize and multitask.
  • In-depth business knowledge and problem-solving skills.

Compensation: $50,400.00 - $76,125.00 annually, based on experience and qualifications.

National General Holdings Corp. is an Equal Opportunity (EO) employer - Veterans/Disabled and other protected categories. All qualified applicants will receive consideration for employment regardless of any characteristic protected by law.



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