Commercial Lines Binding Underwriter
2 months ago
Our client, an A-rated Insurance Carrier, has been experiencing tremendous growth within their Underwriting Department and is seeking to add a Binding Contract Underwriter to their Georgia operations. This role involves underwriting and managing a portfolio of risks within the Excess & Surplus (E&S) lines of business, with a specific focus on binding authority agreements. The ideal candidate will have a strong background in E&S insurance, excellent analytical skills, and the ability to build and maintain strong relationships with brokers and agents. This is a Hybrid position out of their Greater Atlanta office.
- Evaluate, underwrite, and bind coverage for a variety of risks within the E&S market, following company guidelines and delegated authority agreements. Analyze the acceptability of risks and establish appropriate terms, conditions, and pricing.
- Manage and maintain binding authority agreements, ensuring compliance with contractual obligations and underwriting guidelines. Issue quotes, binders, and policies efficiently and accurately.
- Develop and nurture strong relationships with brokers and agents, providing exceptional service and support. Respond to inquiries, provide training on binding authority processes, and resolve underwriting issues.
Qualifications:
- 5 - 10+ years of experience in underwriting, with a focus on E&S lines and binding authority contracts
- Strong analytical and decision-making skills, excellent communication and negotiation abilities, and proficiency in underwriting software and tools.
- Bachelor's degree in Business, Insurance, or a related field is preferred.
- Excellent problem solving & decision-making skills.
Salary/Benefits:
- $125,000 to $150,000+ annual base salary plus 10 – 30% Target Bonus
- Flex schedule and ability to work remotely
- Extremely competitive Medical, Dental, Vision and Life plans
- Employer matching 401(k) plan
- Generous PTO plan
- Employee Stock Purchase Plan with employer matching
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