Underwriter Commercial Lines

Western Reserve Group•Wooster, OH

1d•$63,995 - $99,191•Onsite

About The Position

This position is responsible for risk selection, pricing, and negotiation with agency personnel within assigned authority levels. The Underwriter and Territorial Manager – Marketing work together with the underwriting team to meet loss ratio, written premium, and service objectives. Salary Grade (11) 63,994.87 - 81,592.65 - 99,191.48.

Requirements

2 + years Commercial Lines underwriting experience
Excellent written and verbal communication skills
Knowledge of Commercial Lines coverages
PC skills
The individual must be able to effectively and clearly communicate with agency, team, departmental and company personnel via telephone, fax, e-mail, one on one dialogue and small group presentations in a highly professional manner.
The position requires the individual to apply common sense, understanding, reasoning and sound educated judgement coupled with sound Commercial Lines insurance training and experience to properly evaluate and analyze accounts for recommended action within assigned authority levels.

Nice To Haves

4 year College Degree preferred
INS or CPCU are encouraged
Additional insurance course work and seminars are recommended.

Responsibilities

Accepts or rejects and assigns proper classifications and pricing new business based on underwriting criteria, investigative reports and loss history within assigned authority levels.
Reviews renewal policies for acceptability and prices the renewals based on risk characteristics and market conditions within assigned authority levels.
Underwrites existing business within assigned authority levels.
Travels to agencies to strengthen company/agency relationships, to discuss underwriting issues, and for on and off site training.
Communicates with Territorial Managers – Marketing and other departmental and company personnel regarding underwriting issues.
Communicate via telephone, fax, electronic and written communication with agency personnel on underwriting issues.
Assist co-workers and agents in developing their Commercial Lines knowledge and skills.
Recommends changes in rates and products to meet company, departmental and individual objectives.
Works closely with Territorial Managers – Marketing and the underwriting team on an ongoing basis to develop action plans to achieve objectives for assigned territory.
Provides instructions for rating, classification, pricing and endorsements to CSR staff.