Commercial Renewal Underwriter

Morristown, NJ - USA

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

About Core Programs:

Core Programs (sister company to Swyfft LLC) is a boutique program administrator that specializes in underwriting commercial package policies for habitational and habitational mixed-use risks. Our mission is simple. We help insurance agents provide top-rated coverage to their commercial property clients. This includes owners of commercial habitational properties such as condominiums apartments and mixed retail/residential spaces. For a decade weve specialized in commercial package policies for a wide variety of property classifications. We have thousands of policyholders that span the nation.

This is a great opportunity for a motivated self-starter who enjoys the fast-paced nature of the insurance industry.

As our next commercial renewal underwriter you will be responsible for evaluating underwriting and managing property and casualty insurance risks for commercial clients. This role aims to ensure optimal coverage pricing and profitability while maintaining a high level of customer service and compliance with company policies.

This is a New Jersey based remote position. Travel to our office in Morristown New Jersey will be required for training and team meetings throughout the year.

Key Responsibilities: (What youll be asked to do)

Evaluate insurance applications and determine appropriate underwriting actions based on risk assessment and company guidelines.
Develop and maintain relationships with brokers and clients to facilitate the underwriting process.
Analyze risk factors and assess coverage needs for various commercial property and casualty insurance products.
Monitor and manage an assigned portfolio of accounts to ensure profitability and retention rates meet company targets.

Underwrite and price renewal business for apartments and condo associations.
Review inspections inspection recommendations loss runs COPE data modeling and supplemental materials.
Issue renewal terms negotiate with agents and manage retention.
Maintain underwriting discipline and document decisions thoroughly.
Collaborate with underwriting assistants and management to deliver excellent service.

The Successful Candidate: (what were looking for)

The ability to work independently in a remote environment while maintaining accuracy speed and underwriting discipline. Exceptional attention to detail and ability to multitask is required.
Excellent verbal and written communication skills with the confidence to negotiate terms with agents and/or our carrier partners to explain underwriting decisions
Professionalism responsiveness and a commitment to delivering superior service

Some Requirements:

P&C (Property & Casualty) License is preferred.
5 years of Commercial underwriting experience; habitational and or property preferred
Strong understanding of property risk drivers (wiring roofs plumbing life safety)
Surplus lines / non-admitted experience a plus.

Education:

Bachelors degree or equivalent experience is preferred.
High School Diploma is required.

Computer Skills:

Must be proficient with MS Office and other internal insurance related programs systems or applications. You must be good with technology and able to pick up on internal systems and programs quickly.
Ability to communicate effectively using programs such as Slack & MS Teams.
You are comfortable sharing screens and video chatting.

Other:

Reliable high-speed internet connectivity required.
Designated quiet work from home space.

We Have a Great Benefits Package!

Medical Dental and Vision
Short- and Long-Term Disability (Company Paid)
Voluntary Long-Term Disability
Employee Life & AD&D (Company Paid)
Voluntary Employee Spouse and Child Life & AD&D
Healthcare Dependent Care and Transit FSA and Healthcare Savings Account (HSA)
401K with a generous matching contribution and no vesting schedule
20 days of PTO annually (prorated based on hire date)
Company Paid Holidays and 2 Choose Your Own Holidays

It is the policy of Swyfft to provide equal employment opportunities to all employees and applicants for employment without regard to race religion color ethnic origin gender gender identity age marital status veteran status sexual orientation disability or any other basis prohibited by applicable federal state or local law. EOE/AA/M/D/V/F.

If you require accommodations during the application or interview please contact Human Resources at and we will make every effort to accommodate your needs.

Please Note: Swyfft Holdings LLC is not accepting 3rd party agency resumes for this position please do not forward resumes to our careers email address or Swyfft Holdings LLC employees. Swyfft Holdings LLC or any of its affiliated companies will not be responsible for any fees related to unsolicited resumes.

Required Experience:

Manager

About Core Programs:Core Programs (sister company to Swyfft LLC) is a boutique program administrator that specializes in underwriting commercial package policies for habitational and habitational mixed-use risks. Our mission is simple. We help insurance agents provide top-rated coverage to their com...