Copy of Underwriter (Commercial)

Anchor Group Management • Schaumburg, IL

21d • $50,000 - $73,000

About The Position

Demonstrates ability to independently review and approve applications submitted and renewals in accordance with carrier guidelines, procedures and delegated authority. Responds to referrals or traditional submissions from broker partners through point-of-sale system within standard timeframes. Determines appropriate pricing by either applying predictive model results or recommended deviation in conjunction with Underwriting leadership. Established proficiency with loss rating, composite rating and other non-traditional rating methods. Prepares quotes, issues policies and follows up for completion of quote subjectivities. Prescreening of renewal business and makes recommendations for non-renewal. Ability to work autonomously and think creatively. Accountability for results of assigned Territory and/or Brokers. Must be able to understand cause and effect of any adverse result and make recommendations to management for an effective solution. Keep current with changing trends, economic indicators, competitors and state regulations. Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, participating in professional societies. Contribute to team effort by accomplishing established department goals. Other duties as assigned.

Requirements

• Bachelor’s Degree or equivalent work experience
• Minimum of 1-year Commercial Auto Underwriting experience.
• Demonstrated knowledge of Underwriting principles and ISO rules.
• Ability to manage, prioritize and perform multiple tasks and projects while maintaining workload.
• Effective interpersonal, communication and time management skills.
• Ability to work collaboratively with our internal and external customers.
• Knowledge of Microsoft Office products including Word and Excel.
• Ability to travel overnight 10% of the time.

Responsibilities

• Review and approve applications and renewals
• Respond to referrals from broker partners
• Determine appropriate pricing
• Prepare quotes and issue policies
• Prescreen renewal business
• Make recommendations to management
• Keep current with changing trends and regulations
• Contribute to team effort

Benefits

• Medical, Dental, Vision, FSA and HSA Plans.
• Employer annual contribution to HSA plan
• Employer sponsored basic life and basic life AD&D insurance, short term disability
• Voluntary life insurance
• Voluntary long term disability
• Voluntary Ancillary benefits: Accident-Hospital-Critical Illness
• 401K with Fidelity
• 401K employer match
• Transportation Stipend

What This Job Offers

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