Middle Market Commercial Lines Underwriter

4 days ago


Greensboro, North Carolina, United States Penn National Insurance Full time
Job Description

The Middle Market Commercial Lines Underwriter plays a crucial role in analyzing and reviewing information, developments, and trends on new and renewal accounts with premiums exceeding $25,000 to determine the risks associated with insuring the accounts while ensuring compliance with established underwriting strategies and regulatory requirements.

Key Responsibilities
  • Reviews new business, renewals, endorsements, and quote requests to determine acceptability using established underwriting authority and company guidelines.
  • Communicates underwriting decisions, techniques, and interpretation of policy forms and coverages with agents and company personnel regarding risk acceptability, incomplete information, etc.
  • Provides feedback to the Underwriting Manager and designated Territory Manager on quality of submissions and interactions with agency personnel.
  • Communicates underwriting and marketing philosophy or practices to agents and policyholders and assists with education/training issues within agency.
  • Documents the underwriting files where required, including the actions taken, reasons for decisions, and any follow-up diary needed.
Requirements
  • 4-year degree or equivalent work experience or continuing education in CPCU, AU, IIA, or CIC preferred.
  • Minimum of 3 years of Commercial Lines underwriting experience required.
  • Thorough working knowledge of underwriting and pricing risks.
  • Thorough working knowledge of company underwriting standards and philosophy.
  • Thorough working knowledge of all commercial lines insurance coverages forms, pricing strategies, and modeling and valuation tools.
About Us

Penn National Insurance is a regional employer of choice, offering a comprehensive benefit and compensation package, including a generous 401(k) match, graded profit sharing, recognition programs, and incentive compensation. We are committed to providing a rewarding career path and enabling long-term retention through enhanced benefits around continuing education and professional development.



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