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Grange Insurance · 4 days ago

Commercial Lines Field Underwriter (Pennsylvania)

Pittsburgh, Pennsylvania, United States

Full-time

Hybrid

Mid Level

3+ years exp

Grange Insurance is an insurance provider founded in 1935 and based in Columbus, Ohio. The Commercial Lines Field Underwriter is responsible for achieving growth and profit objectives through risk selection, business development, and agency management.

Insurance

Responsibilities

Select and price risks for profit and growth

Select new risks based on department guidelines within delegated authority utilizing appropriate forms, pricing and reinsurance where needed. File documentation should reflect logical thought process

Demonstrate understanding of risk exposure, classifications and price for exposure

Refer viable risks outside authority once pre-underwritten demonstrating sound judgment, decision making and file documentation

Possess knowledge of forms, coverage, rating plans, manuals and company position papers

In conjunction with Underwriting leadership, serve as an active participant in the quality review process

In conjunction with Actuarial, implement pricing modeling and monitor performance to model. Assure underwriting actions align with the model by measuring and monitoring pricing by individual, territory and state

Maintain department service standards and respond to producer needs

Maintain technical proficiency

Ensure that new and renewal business fits Company strategy and policies and that the underwriting process and procedures are aligned

Seek out new ways to improve the underwriting process

Develops and manages New Business pipeline to ensure a steady stream of business opportunities

Manages the production, profitability and relationships with all agencies in assigned territory

Develop and execute annual success and territory plans and monitor agency performance

Monitors agency results and follows up with agency as to both growth/profitability and compliance with company initiatives, procedures, risk appetite and policies. Analyzes quality, volume, mix of business and profit for assigned producers. Identifies trends in submission activity and works to meet production targets. Executes actions to achieve policy retention and pricing objectives. Participates in agency review process

In collaboration with the TSM, responsible for identifying and evaluating new agency prospects and developing new agencies in the fulfillment of Middle Market growth objectives

Serves as a resource to our agents, conducts underwriting, sales, product and process training for agencies and their staff

Responsible for agency travel to increase producer awareness of Enterprise underwriting appetites, philosophy and product offerings maximizing time with the right agencies

Record all agency management actions in CRM

Must be located in the current market (or surrounding area)

Develops and implements territory plan to attract desired business and gain relevance with key agents

Mentors and guides less experienced underwriters

Monitors market conditions, develops competitive intelligence, and makes recommendations regarding new and/or existing products, programs, risk appetite and services

Qualification

Commercial underwritingRisk assessmentAgency managementCPCU designationCommunication skillsSales skillsPC skillsWork management skillsDecision-making skillsNegotiation skills

Required

Must possess excellent communication, decision-making, sales and negotiation skills

PC skills and work management skills

Ability to complete multiple tasks within set deadlines

Willingness to continue learning and updating skills

Significant travel is required to develop effective agency relations

Must be a self-starter and be able to work independently in a remote setting

Must be located in the current market or surrounding area

Preferred

Bachelor's degree or CPCU designation or comparable education and experience plus three or more years commercial multiple lines underwriting experience