Underwriter or Sr. Underwriter

Chesapeake Employers Insurance•Towson, MD

3d•Onsite

About The Position

Develop and analyze underwriting data to determine if risks meet company-underwriting standards within an assigned territory. Develop and achieve Agency Business plans relative to expected new business growth and renewal retention. Interact with policyholders and/or agents to ensure proper pricing, growth, profitability, and adherence to company policies and procedures. For the Senior Underwriter role, this also includes assisting department management with special projects and serving as a mentor to others within the department. Senior Underwriters also provide authority to underwriters and associate underwriters for risks that are outside their delegated authority and keep abreast of the competition, their products, philosophies, distribution systems, and market trends, and communicate such information within the organization.

Requirements

Bachelor’s degree or equivalent industry experience required.
3 to 5 years of related commercial underwriting experience to include Workers’ Compensation (Underwriter).
5 to 8 years of related commercial underwriting experience to include WC Insurance (Senior Underwriter).
Bilingual skills preferred.
Active pursuit of professional industry certifications / designations CPCU, WCP, AU etc.) (Underwriter).
Required industry related professional designations or certifications. (CPCU, WCP, AU etc.) (Senior Underwriter).
Good verbal and written communication skills.
Strong interpersonal skills.
Basic Computer Skills (Word, Excel, PowerPoint, and Microsoft Outlook).
High level of independence and organization.
General PC skills. (Word, Excel, PowerPoint, Microsoft Office) (Senior Underwriter).
Demonstrate technical / industry expertise through knowledge, education and application (Senior Underwriter).
Demonstrated ability to consistently make sound underwriting decisions on complex or unusual issues (Senior Underwriter).

Nice To Haves

Bilingual skills preferred.

Responsibilities

Perform underwriting activities and risk selection process in accordance with company policies and letter of authority.
Develop and achieve Agency Business Plans regarding new premium growth and renewal retention for assigned agencies.
Accountable for risk selection, pricing, and file documentation within assigned territory.
Develop acceptance/rejection, and pricing recommendations on accounts that exceed delegated authority.
Accountable for achievement of overall loss ratio, pricing, premium and service objectives as established in company/department business plans.
Actively supports Company Strategies and Departmental Goals.
Provides timely and accurate information to management regarding status of individual territory.
Maintain, monitor, and manage assigned book of business utilizing reports or other methods as provided or necessary.
Conduct agency/customer visits to develop and maintain relationships, resolve issues, generate profitable new business and retain profitable existing accounts.
Assists in Underwriting audits and management reviews.
Proactively anticipate and satisfy the needs of internal and external customers by providing superior customer service.
Actively work to design solutions to identified or perceived problems (Senior Underwriter only).
Provide authority to underwriters and associate underwriters for risks that are outside their delegated authority (Senior Underwriter only).
Keep abreast of the competition, their products, philosophies, distribution systems, and market trends, and communicate such information within the organization (Senior Underwriter only).
Assist supervisors and management on projects or other duties as assigned (Senior Underwriter only).
Provide training / mentoring and orientation to Associate Underwriters and Underwriters, as well as, others within the organization (Senior Underwriter only).