Utica National Insurance Group ยท 2 days ago
Executive Commercial Lines Underwriter
Utica National Insurance Group is an award-winning property & casualty insurance carrier with a commitment to making people feel secure and respected. The Executive Commercial Lines Underwriter is responsible for underwriting commercial lines insurance policies, managing agency assignments, and ensuring profitability through risk evaluation and relationship management.
Responsibilities
Analyzes and evaluates new submissions and renewal accounts to determine acceptability of the risk within parameters outlined within the Underwriting Authority CL Underwriter Document
Reviews, interprets and processes data from various sources, including applications forms and loss history
Able to articulate and practice principles of risk management including knowledge of exposure/hazard identification and control. Demonstrates high degree of understanding and familiarity with competitor's price and product
Clearly communicates appetite, underwriting standards, declination reasons and coverage advantages to Agents and internal partners to ensure profitability and generate a flow of quality new business submissions and retention
Cultivates strong business relationships (internal and external) by proactively communicating and conveying ownership and commitment
Anticipates and meets the needs of customers and readily adjusts priorities to respond to pressing and changing client requirements
Manage a high-volume agency assignment with increased authority limits at expected quality control results
Display the competency to analyze the 'agents' book of business, through risk characteristics profile/evaluation, to determine correction action(s) or opportunities to generate profitable growth
Complete understanding management information data (i.e. Power BI)
Strong understanding of the Commercial Lines marketplace/products
Able to prepare material for agency reviews and work with the account underwriter on agency production and loss ratio improvement plans
Qualification
Required
Bachelor's degree or equivalent experience preferred
Minimum 5 years of experience in Commercial Lines Middle Market Underwriting preferred
Strong knowledge and understanding of General Liability, Worker's Compensation, Property, and Commercial Auto lines of business
Proven track record of successful underwriting and portfolio management in the middle market segment
Excellent analytical and decision-making skills
Strong communication, negotiation, and relationship-building abilities
Ability to work independently and as part of a team in a fast-paced and dynamic environment
Benefits
Medical and Prescription Drug Benefit
Dental Benefit
Vision Benefit
Life Insurance and Disability Benefits
401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
Health Savings Account (HSA)
Flexible Spending Accounts
Tuition Assistance, Training, and Professional Designations
Company-Paid Family Leave
Adoption/Surrogacy Assistance Benefit
Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
Student Loan Refinancing Services
Care.com Membership with Back-up Care, Senior Solutions
Business Travel Accident Insurance
Matching Gifts program
Paid Volunteer Day
Employee Referral Award Program
Wellness programs
Company
Utica National Insurance Group
Utica National Insurance Group is a Top 100, nationally recognized insurer providing personal and commercial insurance products and services, with the second-largest errors and omissions business in the United States.