Small Commercial Renewal Underwriter

Merchants Insurance Group • Bedford, NH

4d • $60,000 - $85,000 • Hybrid

About The Position

Merchants Insurance Group is seeking a Small Commercial Renewal Underwriter to join its Commercial Lines Underwriting team in Bedford, New Hampshire. The role is part of a dedicated underwriting team that works with agency partners to provide professional service and achieve optimal outcomes for policyholders, profitable growth for the company, and successful agency partnerships.

The position involves individually underwriting small commercial accounts, with a target of up to $25,000 in premium or as assigned. The underwriter cultivates agency relationships, works with an underwriting assistant to support compliance with corporate underwriting policies and service standards, and consults with a Regional Underwriting Manager or Supervisor on accounts exceeding individual authority. The role also contributes to regional production goals and loss-ratio objectives.

The position follows a hybrid schedule requiring two full days per week in the office, with the remaining days available to work remotely or onsite. The estimated salary range is $60,000–$85,000, depending on leveling and geography, with an equity component and comprehensive benefits.

Requirements

• College degree or equivalent work experience.
• 1–3 years in the insurance business as a property and casualty commercial lines underwriter with individual risk underwriting responsibilities.
• Strong background in underwriting commercial lines accounts and building agency relationships.
• Knowledge of Microsoft Office and ability to work with internal company systems, including WINS and ImageRight.
• Strong communication, organizational, and computer skills.

Nice To Haves

• Property and casualty insurance-related coursework, such as CPCU.
• Previous agency relationships within the local insurance industry.

Responsibilities

• Individually underwrite new small commercial accounts, targeting up to $25,000 in premium or as assigned by the Regional Supervisor or Manager.
• Cultivate solid relationships with agency partners through in-person and virtual meetings.
• Work with the underwriting assistant to ensure adherence to corporate underwriting policy and service standards.
• Review accounts beyond individual authority with the Regional Underwriting Manager or Supervisor and recommend a course of action.
• Achieve commercial lines regional production goals and loss-ratio objectives for the assigned territory.

Benefits

• Flexible work arrangements, including flex scheduling and summer hours.
• Hybrid work schedule with two full days per week in the office and flexibility to work remotely or onsite on the remaining days.
• Competitive pay scale, estimated at $60,000–$85,000, along with an equity component.
• Generous paid time off package.
• Health, dental, vision, life insurance, and short-term disability benefits.
• 401(k) employer match of 100% up to 6% of annual contributions, immediately 100% vested.
• Company bonus program.
• Tuition reimbursement.
• Welcoming and positive work environment.

What This Job Offers

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