New Business Commercial Underwriter - City Insurance
About The Position
Distinguished is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents across 14 specialty lines. Distinguished partners with a select group of highly rated insurance companies to provide exclusive programs to our national network of 4,000 agencies and brokerages. You will have an opportunity to work with an energetic, passionate team that is committed to growth by helping our customers grow their business and building a best-in-class system, as well as a great place to work. Join our City Insurance program as a New Business Commercial Underwriter specializing in Multi-Family, Landlord, Apartment, and Condo insurance for small urban and mixed-use properties. You will be responsible for account pipeline management, risk selection, qualification, and pricing within the program guidelines and objectives, and selling the proposal to insurance brokers. You'll communicate and negotiate directly with brokers and carriers. This encompasses tasks such as ensuring accurate underwriting information, determining eligibility, maintaining well-documented insurance files, addressing questions, resolving issues, and servicing change requests.
Requirements
- Bachelor’s degree or equivalent combination of education and experience.
- Minimum of 3 years of Commercial Property underwriting experience.
- Property and Casualty insurance license required (6 months preparation time permitted).
- Strong verbal and written communication skills including negotiation skills.
- Must be self-driven, detail-oriented, comfortable in a growing ever-changing organization, and have strong organizational skills including time-management and prioritization.
Nice To Haves
- We will consider different job levels for this role (I,II,III).
- Strong understanding of habitational P&C policies preferred.
- Commercial Real Estate Insurance knowledge preferred.
- Eager for continual learning; professional designations are a plus.
Responsibilities
- Handle new business accounts through outbound interaction with various carriers and brokers.
- Work collaboratively and communicate effectively with internal sales staff on new business submissions.
- Underwrite habitational risks by identifying and analyzing risk exposures, loss frequency and severity against desired coverage.
- Develop relationships with both external and internal customers, with the "customer experience" in mind, and deliver exceptional experiences with every interaction, in all modes of communication.
- Provide and create solutions for a broad range of inquiries from brokers and team members.
- Adhere to rating rules with proper file documentation.
- Navigate our online broker portal to complete tasks and troubleshoot.
- Identify opportunities to improve underwriting efficiencies.
- Work independently within deadlines while understanding the necessity for communicating and coordinating work efforts with stakeholders.
- Obtain and understand market intel and trends.
- Handle work with a focus on underwriting profitability.
Benefits
- Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day).
- Great healthcare coverage including Medical, Vision, and Dental.
- 401k with 4% company match. Immediately 100% vested.
- Life, disability and supplemental insurance.
- Growth and development opportunities.
- Wellness Benefits including an Employee Assistance Program.
- Work/Life Balance with generous time off policy including PTO and paid holidays, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
