drjobs Executive Commercial Lines Underwriter - NY Metro Hybrid - Woodbury NY

Executive Commercial Lines Underwriter - NY Metro Hybrid - Woodbury NY

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Woodbury, NY - USA

Monthly Salary drjobs

$ 90000 - 154000

Vacancy

1 Vacancy

Job Description

The Company

At Utica National Insurance Group 1400 employees countrywide take our corporate promise to heart every day: To make people feel secure appreciated and respected.

Utica National Insurance Group is an A rated $1.6B awardwinning nationally recognized property & casualty insurance carrier.

Operating along the Eastern half of the United States based in our Home Office in Central New York with Regional Office locations including Boston NYC Atlanta Dallas Columbus Richmond Chicago.

What you will do

Commercial Lines Underwriters are responsible for underwriting risk including underwriting decisions on complex risks to apply insurance rules and regulations in accordance with guidelines. Managing a highvolume agency assignment with increased authority limits. Is able to prepare material for agency reviews and work with the account underwriter on agency production and loss ratio improvement plans. In this role you will be responsible for underwriting commercial lines insurance policies including General Liability Workers Compensation Property Commercial Auto insurance. Account exposure include Contractor Wholesaler Retail Restaurant Manufacturers etc. You will use your expertise to evaluate risks and determine appropriate coverage while also ensuring the utmost satisfaction for our Insureds.

The underwriters responsibility is to ensure that the assets of the organization are protected by monitoring and influencing the book of business that is placed with the company. Proactive analysis and of agency action plans to improve the book of business will lead to profitability of the company.

  • Analyzes and evaluates new submissions and renewal accounts to determine acceptability of the risk within parameters outlined within the Underwriting Authority CL Underwriter Document
  • Reviews interprets and processes data from various sources including applications forms and loss history.
  • Able to articulate and practice principles of risk management including knowledge of exposure/hazard identification and control. Demonstrates high degree of understanding and familiarity with competitors price and product.
  • Clearly communicates appetite underwriting standards declination reasons and coverage advantages to Agents and internal partners to ensure profitability and generate a flow of quality new business submissions and retention.
  • Cultivates strong business relationships (internal and external) by proactively communicating and conveying ownership and commitment.
  • Anticipates and meets the needs of customers and readily adjusts priorities to respond to pressing and changing client requirements.
  • Manage a highvolume agency assignment with increased authority limits at expected quality control results.
  • Display the competency to analyze the agents book of business through risk characteristics profile/evaluation to determine correction action(s) or opportunities to generate profitable growth.
  • Complete understanding management information data (i.e. Power BI)
  • Strong understanding of the Commercial Lines marketplace/products
  • Able to prepare material for agency reviews and work with the account underwriter on agency production and loss ratio improvement plans.

What you need

  • Bachelors degree or equivalent experience preferred.
  • Minimum 5 years of experience in Commercial Lines Middle Market Underwriting preferred.
  • Strong knowledge and understanding of General Liability Workers Compensation Property and Commercial Auto lines of business.
  • Proven track record of successful underwriting and portfolio management in the middle market segment
  • Excellent analytical and decisionmaking skills
  • Strong communication negotiation and relationshipbuilding abilities
  • Ability to work independently and as part of a team in a fastpaced and dynamic environment.

Working with our agency partners is a critical aspect of this role and we are seeking a candidate who is proactive resourceful and customer focused. If you are a resultsdriven underwriting professional looking for a challenging and rewarding opportunity in the commercial insurance industry then we want to hear from you.

**Candidates that dont meet the above experience/education may be considered as a Commercial Lines Underwriter or Senior Commercial Lines Underwriter based on their overall experience/skills relevant to the role.

Additional Information:

Location: Woodbury NY

Hybrid

Salary Range:

Commercial Lines Underwriting Specialist

$110000 $160000

Executive Commercial Lines Underwriter

$90000 $154000

Commercial Lines Underwriter

$57000 $90000

Senior Commercial Lines Underwriter

$73500 $111000

**The final salary to be paid and position within the internal salary range is reflective of the employees work experience their geographic location education certification(s) scope and responsibilities in the role and additional qualifications.**

This position is bonus eligible.

BENEFITS:

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay comprehensive benefits packages career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following:

  • 401K plan
  • Medical coverage
  • Dental coverage
  • Flexible spending accounts
  • Vision care coverage
  • Paid TimeOff (PTO)
  • Paid Holidays
  • Paid Volunteer Day
  • PayforPerformance
  • Employee and Dependent life insurance
  • Disability insurance
  • Accidental death & dismemberment insurance
  • Discounts on automobile and homeowners insurance
  • Tuition reimbursement
  • Employee Assistance Program (EAP)
  • Credit Union membership
  • Employees Club

Additional Information:

This position is a full time salaried exempt (non overtime eligible) position.

Utica National is an Equal Opportunity Employer.

Apply now and find out what its like to be a part of an amazing team thrive in an exciting environment and work for a company you can be proud of. Once you complete your application you can monitor your status in the hiring process by logging into your profile. A representative from our Talent Acquisition team will be in touch regarding any change in your candidacy.

#LINC1

Employment Type

Full-Time

Company Industry

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.