Commercial Underwriter Resume Example

Common Responsibilities Listed on Commercial Underwriter Resumes:

  • Analyze complex financial data to assess risk and determine coverage terms.
  • Utilize AI-driven tools for predictive modeling and risk assessment accuracy.
  • Collaborate with cross-functional teams to develop tailored insurance solutions.
  • Lead underwriting strategy sessions to align with market trends and company goals.
  • Mentor junior underwriters to enhance team skills and knowledge base.
  • Implement automated underwriting processes to improve efficiency and reduce errors.
  • Conduct regular portfolio reviews to ensure compliance with regulatory standards.
  • Engage in continuous learning to stay updated on industry innovations and technologies.
  • Negotiate terms with brokers and clients to achieve mutually beneficial agreements.
  • Participate in agile project teams to streamline underwriting workflows and processes.
  • Develop and present risk management strategies to senior leadership and stakeholders.

Tip:

Speed up your writing process with the AI-Powered Resume Builder. Generate tailored achievements in seconds for every role you apply to. Try it for free.

Generate with AI

Commercial Underwriter Resume Example:

A well-crafted Commercial Underwriter resume demonstrates a keen ability to assess risk and make informed decisions that protect the financial interests of the company. Highlight your expertise in financial analysis, risk assessment, and policy evaluation. With the growing emphasis on digital transformation in underwriting, showcase your adaptability to new technologies and data analytics tools. To stand out, quantify your impact by detailing successful risk mitigation strategies or portfolio growth you've achieved.
Selena Forsythe
(212) 223-3344
linkedin.com/in/selena-forsythe
@selena.forsythe
Commercial Underwriter
Highly skilled Commercial Underwriter with 4 years of experience in developing and implementing underwriting strategies that resulted in a 25% increase in new business and a 15% reduction in loss ratio. Proven track record in mentoring and training junior underwriters, resulting in a 20% improvement in accuracy and a 10% increase in productivity. Collaborative team player with exceptional skills in risk assessment, negotiation, and relationship management.
WORK EXPERIENCE
Commercial Underwriter
10/2023 – Present
Global Risk Solutions
  • Spearheaded the implementation of an AI-driven risk assessment platform, resulting in a 40% reduction in underwriting turnaround time and a 25% increase in accuracy for complex commercial property portfolios.
  • Led a cross-functional team of 15 underwriters and data scientists to develop a predictive modeling tool for emerging cyber risks, enabling the company to capture a 15% market share in this high-growth segment within 18 months.
  • Orchestrated the successful underwriting of a $500 million multi-national commercial package, leveraging blockchain technology for real-time risk monitoring and adaptive pricing, resulting in a 30% increase in premium revenue.
Insurance Sales Agent.
05/2021 – 09/2023
Premier Insurance Agency
  • Pioneered the integration of IoT data streams into the underwriting process for commercial fleet policies, reducing claims frequency by 22% and improving loss ratios by 18% across a $100 million book of business.
  • Mentored and developed a team of 10 junior underwriters, implementing a machine learning-based training program that reduced onboarding time by 50% and improved performance metrics by 35% within the first year.
  • Designed and executed a climate risk assessment framework for commercial property underwriting, incorporating advanced geospatial analytics and scenario modeling, which was adopted company-wide and led to a 12% improvement in portfolio resilience.
Junior Commercial Underwriter
08/2019 – 04/2021
Summit Commercial Underwriting
  • Collaborated with the IT department to develop a custom underwriting dashboard, integrating real-time market data and risk indicators, resulting in a 30% increase in underwriting efficiency and a 15% improvement in risk selection accuracy.
  • Implemented a data-driven approach to policy renewal strategies, leveraging predictive analytics to identify high-value accounts, resulting in a 95% retention rate for top-tier clients and a $5 million increase in annual premium revenue.
  • Conducted in-depth analysis of emerging industry trends in renewable energy, leading to the successful underwriting of $50 million in new business for solar and wind farm projects, expanding the company's green energy portfolio by 25%.
SKILLS & COMPETENCIES
  • Risk assessment and mitigation
  • Financial analysis
  • Credit analysis
  • Data analysis and interpretation
  • Underwriting strategy development
  • Negotiation and closing deals
  • Relationship management with brokers, customers, and reinsurers
  • Team leadership and mentoring
  • Policy development and implementation
  • Reporting and presentation skills
  • Customer retention and satisfaction
  • Attention to detail and accuracy
  • Time management and productivity
  • Adaptability to industry changes and trends
  • Strong communication and interpersonal skills
COURSES / CERTIFICATIONS
Associate in Commercial Underwriting (AU)
04/2023
The Institutes Risk and Insurance Knowledge Group
Chartered Property Casualty Underwriter (CPCU)
04/2022
The Institutes
Certified Insurance Counselor (CIC)
04/2021
The National Alliance for Insurance Education & Research
Education
Bachelor of Business Administration in Finance
2016 - 2020
Baruch College, City University of New York
New York, NY
Risk Management and Insurance
Business Analytics

Top Skills & Keywords for Commercial Underwriter Resumes:

Hard Skills

  • Risk Assessment and Analysis
  • Financial Statement Analysis
  • Credit Analysis and Scoring
  • Underwriting Guidelines and Procedures
  • Industry and Market Research
  • Loan Structuring and Pricing
  • Regulatory Compliance
  • Loan Documentation Review
  • Portfolio Management
  • Cash Flow Analysis
  • Collateral Evaluation
  • Negotiation and Communication Skills

Soft Skills

  • Analytical and Detail-Oriented
  • Risk Assessment and Management
  • Decision Making and Problem Solving
  • Communication and Interpersonal Skills
  • Time Management and Prioritization
  • Adaptability and Flexibility
  • Customer Service and Relationship Building
  • Collaboration and Teamwork
  • Negotiation and Conflict Resolution
  • Strategic Thinking and Planning
  • Organizational and Multitasking Skills
  • Professionalism and Ethical Conduct

Resume Action Verbs for Commercial Underwriters:

  • Analyzed
  • Evaluated
  • Assessed
  • Negotiated
  • Recommended
  • Approved
  • Mitigated
  • Underwrote
  • Reviewed
  • Collaborated
  • Communicated
  • Monitored
  • Scrutinized
  • Investigated
  • Verified
  • Calculated
  • Delegated
  • Prioritized

Build a Commercial Underwriter Resume with AI

Generate tailored summaries, bullet points and skills for your next resume.
Write Your Resume with AI

Resume FAQs for Commercial Underwriters:

How long should I make my Commercial Underwriter resume?

A Commercial Underwriter resume should ideally be one to two pages long. This length allows you to present your experience and skills comprehensively without overwhelming the reader. Focus on highlighting relevant achievements and quantifiable results. Use bullet points for clarity and prioritize recent and significant roles. Tailor each section to demonstrate your expertise in risk assessment and decision-making, ensuring every word adds value to your application.

What is the best way to format my Commercial Underwriter resume?

A hybrid resume format is optimal for Commercial Underwriters, combining chronological and functional elements. This format highlights your career progression while emphasizing key skills like risk analysis and decision-making. Include sections such as a professional summary, work experience, skills, and certifications. Use clear headings and consistent formatting. Tailor your resume to the job description, ensuring your most relevant experiences and skills are easily accessible.

What certifications should I include on my Commercial Underwriter resume?

Relevant certifications for Commercial Underwriters include the Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), and Certified Insurance Counselor (CIC). These certifications demonstrate your commitment to the field and expertise in underwriting principles. Present certifications prominently in a dedicated section, listing the full title, issuing organization, and date obtained. This highlights your qualifications and dedication to staying current with industry standards.

What are the most common mistakes to avoid on a Commercial Underwriter resume?

Common mistakes on Commercial Underwriter resumes include generic summaries, lack of quantifiable achievements, and poor formatting. Avoid these by crafting a tailored professional summary that reflects your unique skills and experience. Use metrics to demonstrate your impact, such as reduced loss ratios or improved underwriting efficiency. Ensure consistent formatting for readability. Overall, focus on clarity and relevance, aligning your resume with the specific requirements of the underwriting role you’re targeting.

Compare Your Commercial Underwriter Resume to a Job Description:

See how your Commercial Underwriter resume compares to the job description of the role you're applying for.

Our new Resume to Job Description Comparison tool will analyze and score your resume based on how well it aligns with the position. Here's how you can use the comparison tool to improve your Commercial Underwriter resume, and increase your chances of landing the interview:

  • Identify opportunities to further tailor your resume to the Commercial Underwriter job
  • Improve your keyword usage to align your experience and skills with the position
  • Uncover and address potential gaps in your resume that may be important to the hiring manager

Complete the steps below to generate your free resume analysis.