Apply on Employer Site

Acadia Insurance (a Berkley Company) · 10 hours ago

Sr. Production Underwriter

CA, San Diego - 1615 Murray Canyon Road

Full-time

Onsite

Senior Level

$80K/yr - $135K/yr

5+ years exp

Preferred Employers Insurance, A Berkley Company specializes in providing workers’ compensation insurance to California business owners. The Senior Production Underwriter is primarily responsible for risk evaluation, developing broker relationships, and driving premium growth while ensuring underwriting profit.

Commercial InsuranceInsurance

No H1B

Responsibilities

Risk Evaluation: Selection, retention, and pricing of new and existing business in accordance with the company’s underwriting philosophy and guidelines

Broker Relationships: Pro-actively develops and fosters positive, professional relationships with the company’s agency partners in an effort to promote the company’s products and services

Premium Growth: Works closely with Field Sales Managers in plan management of brokers. (i.e., Generation of submissions, target quote and bind hit ratios, co-working agency business plans and incentives.)

Underwriting Profit: Works closely with Field Sales Managers in the achievement of pricing targets and commission targets to meet company’s profitability objectives

Selects new business and evaluates renewal accounts in accordance with company underwriting philosophy, established authority parameters, as well as written/verbal procedures and guidelines

Demonstrates a professional, courteous attitude with agents. Responds quickly and ethically to all requests/issues. Delivers on promises and promises only what can be delivered

Provides accurate and thorough education to agents about the company’s risk selection philosophy and pricing guidelines

Monitors performance criteria, including premium and unit count goals, mix of business, written-to-quoted ratio, and declination ratio of assigned agencies and territory

Achieves company growth objectives by consistently seeking sales opportunities, soliciting desirable business, and diligent follow-up on quoted business

Regularly travels to agencies providing field underwriting and quoting as needed

Reviews claims activity, loss control surveys, and inspection reports for existing policies, handling as required

Works with other departments as necessary to resolve policy issues

Determines the appropriate course of action for policy changes, delegating to assistant underwriters and/or processing assistants for handling

Provides mentoring and training to other staff members

The Senior Production Underwriter must be a team player, exhibit expertise and consistently exercise good judgment

Qualification

California workers’ compensation underwritingRisk evaluationBroker relationship managementPremium growth strategiesAnalytical skillsAutomation skillsCommunication skillsNegotiation skillsOrganizational skillsTeam collaborationIndependent work