Renewal Underwriter

Gallagher • Broomfield, CO

12h • Hybrid

About The Position

Breckenridge Insurance, now a part of Gallagher, offers ready-access to a team of collaborative experts that solve problems for independent agents and brokers nationally. We are equally committed to our global carrier partners and sound underwriting practices to deliver competitive, smart coverage solutions. Our team is extremely specialized, passionate and highly invested in each one of our partnerships with insurance agents, brokers and carriers. If you’re interested in a refreshing, bureaucracy-free environment where we celebrate and recognize diverse employees, look no further. As part of Gallagher, a global leader in insurance, risk management, and consulting, you’ll be joining a team that’s passionate about helping individuals and organizations. Breckenridge has an exciting career opportunity for a Renewal Underwriter. The Renewal Underwriter is responsible for working with retail agents and carriers to obtain specialized insurance coverage for insureds. The Underwriter will meet growth, profit and production initiatives by developing positive and productive business relationships with retail agents, producers, carriers, co-workers and others.

Requirements

• Bachelor’s degree in related field and two years of relevant experience, or equivalent combination of education and experience.
• Current Property and Casualty license required (or ability to obtain within 90 days of employment).
• Highly developed problem solving and solution-design skills; strong written and verbal communication skills.
• Demonstrated leadership through client support and advocacy skills, as well as the mentoring and guidance of more junior employees.
• Highly proficient in use of Microsoft Office or similar software, including spreadsheet and presentation software.
• Skilled in use of agency management software with the ability to quickly learn new systems and processes.

Responsibilities

• Manage a book of new and renewal accounts within assigned territory by evaluating the viability of accounts through opportunity assessment and requesting information from retail agents as needed to ensure a thorough and accurate review of accounts.
• Underwrite accounts based on designated contract authorities and/or submit risks to carriers to consider risks outside of authority.
• Review requests to bind coverage to ensure accuracy before processing.
• Set and attain goals for book management including but not limited to, production, agency visits, product updates, collection issues, hit ratios, legal environment, market changes.
• Manage and cultivate existing relationships with business partners (retailer and carrier based) to secure and expand recurring revenue streams.
• Ensure individual production goals are met, making course corrections as needed.
• Provide timely and accurate monthly and quarterly forecasting to the Regional VP.
• Participate in and support an interdependent cross sell environment.
• Provide effective communication, supervision, and development of support staff, including performance reviews and salary recommendations.
• Participate in recruiting efforts of personnel such as new brokers, underwriters and support staff.
• Manage the day-to-day efforts of support staff and ensure smooth functioning, cohesive production units, including reviewing and approving expenses for direct report.
• Implement and enforce policies and procedures of the organization.
• Participate in and support specialty focus teams.
• Effectively offer solutions to business challenges inside area of focus.
• Maintain increasing knowledge of insurance industry markets, products, and legal environments, via continuing education, seminars, and self-study, to provide a value-added service to producers.
• Participate in industry trade association events such as Target Markets, NAPSLO, AAMGO, PLUS, etc.
• Other duties and projects as assigned.

Benefits

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave
• Digital mental health services (Talkspace)
• Flexible work hours (availability varies by office and job function)
• Training programs
• Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
• Charitable matching gift program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level