Underwriter II - Hospitality Umbrella

Distinguished Programs

36d • $75,000 - $95,000 • Remote

About The Position

Distinguished is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Hospitality, Fine Art/Collectibles, Restaurants, Inland Marine, Executive Lines and Construction Professionals & Environmental. Distinguished partners with a select group of highly rated insurance companies to provide exclusive programs to our national network of 4,000 agencies and brokerages. You will have an opportunity to work with an energetic, passionate team that is committed to growth by helping our customers grow their business and building a best-in-class system, as well as a great place to work.

You will be an Underwriter II on the Premier Hospitality Umbrella Program team which specializes and serves a variety of hotels, casinos, and resorts. You will be responsible for renewals, pipeline management, risk selection, qualification, pricing within the program guidelines. This includes working and negotiating directly with brokers and carriers to ensure the accuracy of underwriting information, determining eligibility within program guidelines, and ensures insurance files are well documented and servicing Broker's change requests.

Requirements

• Bachelor’s degree or equivalent combination of education and experience.
• Minimum 5+ years of commercial underwriting experience (General Liability, Auto Liability, Umbrella coverages)
• Insurance license, AU, CIC, CPCU or comparable designations preferred.
• Analytical and quantitative skills, including proficiency with Microsoft Excel.
• Self-driven, detail oriented and organized. Organizational skills include time-management and prioritization.
• Strong verbal and written communication skills.
• Some travel required for team and broker meetings on a quarterly basis.

Nice To Haves

• Insurance license, AU, CIC, CPCU or comparable designations preferred.

Responsibilities

• Analyze and evaluate applicants to ensure proper risk selection.
• Negotiate pricing and coverage with brokers.
• Support the Product Manager with administration and monitoring of underwriting processes, guidelines, and applications.
• Adhere to rating rules with proper file documentation.
• Underwrite and document renewal policy transactions, including midterm servicing, within authority.
• Communicate with brokers to obtain information needed to underwrite risks, respond to questions, and address issues.
• Develop and maintain strong relationships and credibility with Sales Team
• Gather competitor information and marketing intelligence to identify opportunities for improvements to products and pricing.
• Conduct regular audits.
• Participate in other company projects and new initiatives.
• Monitor data entry and processing to ensure data integrity.

Benefits

• Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day).
• Great healthcare coverage including Medical, Vision, and Dental.
• 401k with 4% company match. Immediately 100% vested.
• Life, disability and supplemental insurance.
• Growth and development opportunities.
• Wellness Benefits including an Employee Assistance Program, Telemedicine, and Peloton App Digital Membership for 1 year (or if you have Peloton equipment, receive a 4-month waiver
• Work/Life Balance with generous time off policy including PTO and paid holidays, Summer Hours, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years.

What This Job Offers

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