Underwriter (Commercial)

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profile Job Location:

Schaumburg, IL - USA

profile Yearly Salary: USD 50000 - 73000
Posted on: 13-09-2025
Vacancies: 1 Vacancy

Job Summary

Full-time
Description

  • Demonstrates ability to independently review and approve applications submitted and renewals in accordance with carrier guidelines procedures and delegated authority.
  • Responds to referrals or traditional submissions from broker partners through point-of-sale system within standard timeframes.
  • Determines appropriate pricing by either applying predictive model results or recommended deviation in conjunction with Underwriting leadership.
  • Established proficiency with loss rating composite rating and other non-traditional rating methods.
  • Prepares quotes issues policies and follows up for completion of quote subjectivities.
  • Prescreening of renewal business and makes recommendations for non-renewal.
  • Ability to work autonomously and think creatively.
  • Accountability for results of assigned Territory and/or Brokers. Must be able to understand cause and effect of any adverse result and make recommendations to management for an effective solution.
  • Keep current with changing trends economic indicators competitors and state regulations.
  • Maintains professional and technical knowledge by attending educational workshops reviewing professional publications establishing personal networks participating in professional societies.
  • Contribute to team effort by accomplishing established department goals.
  • Other duties as assigned.


Requirements

  • Bachelors Degree or equivalent work experience
  • Minimum of 1-year Commercial Auto Underwriting experience.
  • Demonstrated knowledge of Underwriting principles and ISO rules.
  • Ability to manage prioritize and perform multiple tasks and projects while maintaining workload.
  • Effective interpersonal communication and time management skills.
  • Ability to work collaboratively with our internal and external customers.
  • Knowledge of Microsoft Office products including Word and Excel.
  • Ability to travel overnight 10% of the time.

Anchor Group Management Inc. Benefits

Medical Dental Vision FSA and HSA Plans. Employer annual contribution to HSA plan

Employer sponsored basic life and basic life AD&D insurance short term disability

Voluntary life insurance

Voluntary long term disability

Voluntary Ancillary benefits: Accident-Hospital-Critical Illness

401K with Fidelity

401K employer match

Transportation Stipend

Salary Description
range $50000 to $73000
Full-timeDescriptionDemonstrates ability to independently review and approve applications submitted and renewals in accordance with carrier guidelines procedures and delegated authority.Responds to referrals or traditional submissions from broker partners through point-of-sale system within standard...
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Key Skills

  • Loan Processing
  • Computer Skills
  • Fraud
  • Math
  • Banking
  • Pricing
  • Analysis Skills
  • Fair Housing Regulations
  • Underwriting
  • Financial Analysis
  • negotiation
  • Phone Etiquette