Underwriter I

Arch Insurance Group Inc. • Cortland, NY

2d • $50,000 - $60,000

About The Position

The Commercial Lines Underwriter I is responsible for managing a book of property/casualty business. This position nurtures agency relationships in order to enhance the customer service experience, while also maintaining underwriting discipline and program profitability.

Requirements

• Excellent verbal and written communication skills
• Strong negotiation and interpersonal skills
• Strong analytical skills with attention to detail
• Solid time management and organizational skills
• Ability to prioritize and work independently

Nice To Haves

• Bachelor’s degree or equivalent education/experience preferred
• AINS or CISR designation a plus
• One to three years of underwriting or customer service experience with an insurance company preferred

Responsibilities

• Analyze new and/or renewal business for program eligibility and price business in accordance with program rate and retention targets
• Adhere to Underwriter Authority Agreement
• Adhere to Service Standard Agreement
• Develop and maintain strong interpersonal relationships with internal and external customers through professional and efficient customer service
• Ability to work efficiently and effectively in one core McNeil Program
• Gain understanding of ISO rules/rates, underwriting manuals and, underwriting guidelines
• Rating new and renewal business as needed
• Comply with state insurance regulations according to ODEN
• Analyze and approve requested policy changes/endorsements
• Work with Risk Management to assist insureds in improving operations and mitigating risk
• Process cancellations, non-renewals, reinstatements as needed
• Gain understanding of program specific product and coverages
• Provide support for other associates when necessary
• Gain familiarity with market conditions and competitor intelligence
• Gain familiarity of underwriting reports to ensure program profitability. This includes, but is not limited to, contract expiration reports, referral reports, loss experience reports, pricing reports and retention reports.
• Foster a team environment with among team members
• Assist with special projects as assigned

Benefits

• Multiple medical plans
• Dental coverage
• Vision coverage
• Prescription drug coverage
• Competitive 401k with generous matching
• PTO beginning at 20 days per year
• Up to 12 paid company holidays per year
• 2 paid days of Volunteer Time Offer
• Basic Life and AD&D Insurance
• Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance
• Tuition Reimbursement
• Backup Child and Elder Care

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree