Executive Underwriter

HUB International•Napa, CA

6d•$80,000 - $100,000•Hybrid

About The Position

The Underwriter provides underwriting and marketing profitability support for assigned SPG Transportation – Moving and Storage Programs. The strongest candidates will have a minimum of 5 years’ experience underwriting in the transportation, preferably in the Moving & Storage sector. The role involves receiving and evaluating applicants’ information for risk acceptability and within program parameters for new and/or renewal customers through an understanding of company policies, procedures and standards and proper application to risks. This includes researching outside sources for additional information, calculating premiums and appropriate amounts of coverage, and recommending program changes or enhancements. The underwriter must be cognizant of program and own underwriting authority and referral standards, working within authority and referring to others when needed. They will negotiate terms and conditions with agents and brokers, proactively reach out to brokers to drive submission flow, surface new opportunities, and grow the book with a sales-minded approach, including cross-selling additional lines and account rounding. Proper documentation of exposures, coverages, limits, and pricing on individual risks within prescribed service guidelines and maintaining underwriting files within company program and company requirements is essential. Establishing rapport and developing relationships with agents and brokers, educating them on products and services, and providing a high level of service through the product life cycle are key. The role requires delivering profitable growth with proper pricing and underwriting discipline, and the ability to be self-directed with minimal day-to-day supervision. May be called upon to perform projects or other research to further the Moving and Storage program goals and objectives.

Requirements

5 to 7 years experience
Bachelor’s degree or equivalent work experience (High School Diploma/GED required)
Active Property and Casualty insurance license required, or ability to obtain within [30/60/90] days of hire
Multi-line experience including automobile, general liability, property, inland marine and Workers’ Compensation
Willing and able to travel 10% of the time

Nice To Haves

Underwriting experience in the transportation, preferably in the Moving & Storage sector

Responsibilities

Receive and evaluate applicants’ information for risk acceptability and within program parameters for new and/or renewal customers
Research outside sources for additional and supporting information
Calculate premiums and appropriate amounts of coverage
Recommend program changes or enhancements based on our products and services
Be cognizant of program and own underwriting authority and referral standards and work within authority and refer to others when needed or outside own authority
Negotiate terms and conditions with agents and brokers on submitted accounts
Proactively reach out to brokers to drive submission flow, surface new opportunities, and grow the book
Maintain a sales minded approach to broker engagement, including cross sell of additional lines and account rounding where it fits
Properly document the exposures, coverages, limits and pricing on individual risks with the prescribed service guidelines and maintain underwriting files within company program and company requirements
Establish rapport and develop relationships with agents and brokers; educate them on our products and services
Provide a high level of service through the product life cycle from submission to quote to post bind activities including endorsement requests, loss control evaluation, post-loss analysis, filings and cancellations, as examples
Deliver profitable growth with proper pricing and underwriting discipline
Be self-directed with minimal day-to-day supervision
May be called upon to perform projects or other research to further the Moving and Storage program goals and objectives