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Farmers Insurance · 1 day ago

Senior Commercial Underwriter

United States

Full-time

Onsite

Mid, Senior Level

$81K/yr - $138K/yr

3+ years exp

Farmers Insurance is committed to delivering peace of mind to customers through protection and comprehensive advice. The Senior Commercial Underwriter is responsible for managing the profitable growth of commercial Property/Casualty and Workers Compensation business by selecting, classifying, and pricing risks within assigned territories.

Auto InsuranceFinancial ServicesInsuranceLife Insurance

H1B Sponsor Likely

Responsibilities

Accepts, modifies or rejects larger premium, complex risks up to $100,000

Reviews business relating to loss experience, inspection reports, file information, policyholder tenure, related policies, and nature of risk in accordance with company guidelines, standards and compliance with state laws

Provides documentation for any exceptions and critical account information relating to the final underwriting decision

Verifies coverage eligibility

Interprets policy contract language and uses approved classification systems, rating plans and selection standards to determine eligibility, desirability and proper pricing

Evaluates unprofitable books of business, agents or districts and analyzes competitive information to provide recommendations to product development

Advises leadership of weakness in coverage and products that are impacting growth potential

Assists in developing plans to improve profitability

Evaluates and handles reinstatement policies to determine eligibility

Provides technical assistance to customers regarding coverage interpretations, policy and endorsement provisions, and underwriting acceptability for coverage

Evaluates new business and re-evaluates existing policies to enhance the quality and maintain proper rate class administration to fund losses and contribute to profitability

Reviews transactions and processes referrals not within the authority of other team members

Provides support in a mentoring role to others, providing underwriting philosophy, guidance and training on transactions that exceed team member authority levels

Utilizes advanced level competency to educate VIP agencies on products, services, automation, and underwriting standards as well as sales and cross selling techniques to promote accomplishment of our corporate goals

Builds and maintains collaborative relationships with agencies to further understand the external marketplace and underwrites within established performance standards and priorities that are responsive to marketing, underwriting, retention and service goals

Conducts regular field visits to create new business opportunities

Participates in territory rate review meetings and state strategy calls, providing insight and recommendations to address rate need and rate fatigue, where appropriate

May conduct Team Underwriting Reviews (TURs) to ensure quality and appropriate discretionary pricing

Manages territory CAT exposures to wildfire, wind-hail, and other catastrophe exposures

Entrusted with increased authority to make decisions on high risk properties and assist their leadership team with the territory CAT management strategy

Performs other duties as assigned

Qualification

Commercial multi-line underwritingCPCU certificationAnalytical skillsTechnical aptitudeProduct knowledgeCustomer relationship buildingVerbal communicationDecision makingNegotiation skillsConflict management

Required

High School Diploma or equivalent

Bachelors degree

CPCU or other related professional designations preferred ie CIC, AU, ARM

3+ years of experience commercial multi-line underwriting

Demonstrated analytical skills

Demonstrates a high level of accuracy, even under pressure

Strong verbal communication and listening skills

Possesses flexibility to work in a fast paced, dynamic environment

Ability to simultaneously handle multiple priorities

Demonstrates excellent judgment and decision making skills

Instills commitment to organizational goals

Ability to build strong customer relationships

Performs work independently with minimal supervision

Possesses strong product knowledge

Possesses strong technical aptitude

Develops and delivers effective presentations

Effective negotiation skills

Effective conflict management skills

Benefits

Medical

Dental

Vision

Health Savings and Flexible Spending Accounts

Life Insurance

Paid Time Off

Company

Farmers Insurance

Glassdoor3.2

The companies comprising the Farmers Insurance Group of Companies® currently make up one of the country's largest insurers of vehicles, homes and small businesses, and provide a wide range of other specialty insurance and financial services products.

Founded in 1928

Los Angeles, California, USA

10001+ employees

https://www.farmers.com

H1B Sponsorship

Farmers Insurance has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (105)

2024 (76)

2023 (86)

2022 (129)

2021 (106)

2020 (90)