Job Description
Job Description: Commercial Field Underwriter
Job Summary
Seeking a dedicated and detail-oriented Commercial Field Underwriter to join a dynamic this role you will be responsible for evaluating and analyzing risk for diverse commercial lines maintaining long-term client relationships and ensuring underwriting decisions align with both corporate policies and industry regulations. The ideal candidate will have strong analytical skills a customer-centric mindset and the ability to collaborate across departments.
Responsibilities
- Assess and evaluate risks for commercial accounts in accordance with company underwriting guidelines and standards.
- Conduct in-person inspections assessments and client meetings to better understand risk exposure and business operations.
- Collaborate with agents brokers and clients to gather necessary data and provide exceptional service to policyholders.
- Develop negotiate and manage policy terms conditions and pricing based on risk analysis and company objectives.
- Monitor market trends and changes in the industry to inform underwriting strategies.
- Ensure compliance with applicable laws regulations and company policies in all underwriting activities.
- Work cross-functionally with internal teams such as Claims Loss Control and Actuarial to develop comprehensive risk solutions.
- Build and maintain strong relationships with external and internal stakeholders.
- Deliver training or mentor junior underwriters or team members as needed.
Qualifications/Requirements
- Proven experience as an underwriter preferably in commercial lines underwriting or field underwriting roles.
- Strong knowledge of underwriting principles guidelines and local insurance regulations.
- Bachelors degree in Business Administration Finance Economics or a related field (or equivalent work experience).
- Analytical and critical thinking skills with a keen attention to detail.
- Excellent communication and interpersonal skills to engage with clients and internal teams effectively.
- Proficiency in relevant software tools and underwriting systems.
- Ability to travel as required for on-site evaluations and client interactions.
Compensation Package
- Compensation: Between $105K-$138K (based on experience).
- Competitive benefits package paid time off professional development opportunities etc.
Disclaimer: Please note that this job description may not cover all duties responsibilities or aspects of the role and it is subject to modification at the employers discretion.
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