Commercial Lines Underwriter

2 weeks ago


Saint Charles, Missouri, United States Westfield Full time
Job Summary

We are seeking a highly skilled Commercial Lines Underwriter to join our team at Westfield. As a Commercial Lines Underwriter, you will be responsible for underwriting and managing commercial and agribusiness accounts, utilizing advanced technical underwriting and sales ability.

Key Responsibilities
  • Underwrite and collaborate on new and renewal commercial lines accounts
  • Pre-qualify customers and lead the account team to analyze new business opportunities from an exposure, pricing, service, and sales perspective
  • Represent the company and build strong relationships with accounts, acting as the key contact for specified agencies
  • Lead agency business planning, account inventory management, and manage the book of business to attain profit and revenue objectives
  • Partner with the Region Leader to determine what accounts are discussed during the renewal strategy meeting and actively participate in the meeting
  • Deliver quotes, terms and conditions, and Premium Value Statement to the agent, negotiate with the agent until the renewal order is received, and then send the renewal to be processed
  • Utilize all present and future underwriting tools and resources, evaluate exposures to loss, determine pricing, and accept or reject accounts on behalf of the company based on the company's underwriting guidelines
  • Document details of underwriting decisions, while maintaining all supporting information, records, and data in accordance with audit standards
  • Involve other internal business partners in the prospecting, sales, and underwriting process, as well as for servicing the account
  • Coordinate monthly renewal strategy discussions with underwriting and services team to develop renewal strategy for renewals
  • Establish and maintain effective communication externally and internally regarding underwriting procedures and practices, growth/profit goals and objectives, state/territory issues and regulations, industry activity and trends, and agency relations
Requirements
  • 5+ years of Commercial Lines Underwriting experience
  • Bachelor's degree in related field and/or commensurate work experience
  • Valid driver's license and a driving record that conforms to company standards


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