Commercial Underwriting Specialist
6 days ago
We are seeking a skilled Commercial Underwriting Specialist to join our team at PMA Companies. As a key member of our underwriting team, you will be responsible for analyzing and pricing complex commercial risks, developing new business opportunities, and providing exceptional client service.
Key Responsibilities:- Analyze and price coverage for commercial risks, utilizing advanced underwriting techniques and industry knowledge to ensure accurate and competitive quotes.
- Develop and maintain relationships with external partners, including brokers, agents, and other stakeholders, to drive new business growth and retention.
- Collaborate with cross-functional teams to identify and pursue new commercial insurance solutions, leveraging your expertise in casualty coverage and loss sensitive deal structures.
- Mentor and train colleagues on underwriting best practices, ensuring consistent application of company guidelines and procedures.
- Negotiate and deliver proposals to producers and buyers, communicating the value proposition and driving sales growth.
- Bachelor's degree or equivalent experience required.
- At least 7 years of casualty underwriting experience with an insurance carrier, with a strong understanding of underwriting mechanics and fundamentals.
- Advanced knowledge of local and regional market conditions, particularly in Minnesota, Wisconsin, and/or Michigan markets.
- Familiarity with financial analysis, account management, and collateral management a plus.
Our compensation package includes a competitive salary range of $80,000 - $110,000 per year, based on experience and qualifications, as well as comprehensive benefits, including health, dental, and vision insurance, 401(k) matching, and paid time off.
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