Commercial Lines Market Facing Underwriter

NJM Insurance GroupTrenton, NJ
Hybrid

About The Position

New Jersey Manufacturers Insurance Company (NJM) is seeking a Field Based Underwriter in the Middle Market space to join their reputable industry leader. This role is responsible for developing and managing a local territory for new business opportunities in Commercial Package, Auto, Workers Compensation, and Umbrella. The ideal candidate will be a highly motivated, self-directed individual with an entrepreneurial mindset. This position requires regular agency visitation within the Rocky Hill, CT Territory (2 - 3 visits weekly average) once the training period is complete. Time management and organizational skills are keys for success in this role. NJM does not provide a company vehicle but does provide mileage reimbursement and travel expense reimbursement.

Requirements

  • High School Diploma or GED Equivalent
  • 7+ years of Commercial Lines experience with a focus on Middle Market Underwriting experience.
  • Experience with portfolio management and a focus on profitable growth.
  • Extensive knowledge of Commercial Multi-line Package underwriting with emphasis on technical risk assessment and pricing.
  • Umbrella underwriting experience required.
  • Working knowledge of Facultative Reinsurance.
  • Ability to collaborate with NJM personnel and Agency Staff to accomplish mutual goals.
  • Possesses knowledge of the local marketplace, industry trends and regulatory environment.
  • Ability to travel throughout the assigned territory and surrounding areas several times per week.
  • Travel to our headquarters in West Trenton for Staff meetings and events on a quarterly basis – at a minimum.

Nice To Haves

  • Bachelor’s degree is preferred.
  • Knowledge of Guidewire is a plus
  • Completion of general insurance courses such as CPCU, AU, ARM or CIC are a plus.
  • Proficient in Microsoft Office Suite, including Word, Excel, and PowerPoint.

Responsibilities

  • Develop and manage a local territory for new business opportunities in Commercial Package, Auto, Workers Compensation, and Umbrella.
  • Drive profitability and growth by Identifying new business, negotiating renewals, and maintaining strong customer and producer relationships.
  • Collaborate with the Commercial Sales Team and support product development through market intelligence and departmental projects.
  • Ensure compliance with legal/regulatory standards and assist in mentoring and training underwriting staff.

Benefits

  • 401(k) with employer match up to 8% and additional service-based contributions
  • Health, Dental, and Vision insurance
  • Life and Disability coverage
  • Generous PTO
  • Paid Sick Leave
  • Paid parental leave in addition to state-mandated leave
  • Discretionary bonuses
  • Mileage reimbursement
  • Travel expense reimbursement
  • Continuous learning options
  • Access to wellness programs
  • Opportunities to give back to the communities

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

High school or GED

Number of Employees

501-1,000 employees

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