Senior Fleet Underwriter Position

4 weeks ago


Greenville, South Carolina, United States Canal Insurance Full time
About Canal Insurance

Canal Insurance Company is a leading provider of insurance solutions for commercial trucking and specialty transportation operations. With a rich history dating back to 1939, we have established ourselves as a trusted partner for federally regulated Motor Carriers.

Job Summary

The Senior Fleet Underwriter position is responsible for selecting, underwriting, pricing, and quoting complex fleet commercial automobile accounts. This role requires advanced underwriting skills, a deep understanding of exposure identification, evaluation, quantification, and classification, as well as the ability to analyze rate adequacy.

Key Responsibilities
  • Underwrite and price complex new and renewal risks, handle agency exceptions, and communicate decisions effectively.
  • Manage individual fleet book/portfolio, pricing, renewal, retention, and risk performance.
  • Effectively manage agent relationships by communicating business appetite, risk acceptability parameters, and requesting endorsement processing.
  • Communicate risk acceptability and pricing proposals for risks outside individual underwriting authority.
  • Provide technical advice for less experienced underwriters, including providing technical expertise for policy audits and risks falling outside underwriters' authority levels.
  • Work effectively with various enterprise departments to manage end customer service and distribution.
  • Create and maintain reports to effectively manage assigned agent base and distribution channel.
  • Escalate and assist with product development and enhancements based on competitor analysis and customer feedback.
  • Represent the company at agency meetings and industry events.
Requirements
  • Bachelor's degree in Risk and Insurance or a related field.
  • CPCU or other industry designation.
  • Minimum of 5 years of experience in commercial auto underwriting.
  • Advanced underwriting skills and a deep understanding of exposure identification, evaluation, quantification, and classification.
  • Ability to analyze rate adequacy and communicate effectively with agents and other stakeholders.
Physical Requirements

Constant use of vision, hearing, and communication. Frequent concentration, standing, walking, handling, reaching, and grasping. Occasional bending, kneeling, and lifting (up to 25 lbs.). Heavy use of computer and office equipment.

Travel and Hours of Service

Occasional travel required. Periodic work outside of standard business hours or on weekends may be required.



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