Utica National Insurance Group · 3 days ago
Commercial Lines Underwriter - Small Commercial (hybrid)
New Hartford, MN
Full-time
Hybrid
Mid Level
$55K/yr - $82K/yr
4+ years expUtica National Insurance Group is a nationally recognized property & casualty insurance carrier with 1,400 employees dedicated to making people feel secure and respected. They are seeking an experienced Commercial Lines Underwriter to evaluate and analyze risks for new or renewal business while managing a profitable portfolio in line with company guidelines.
Insurance
Responsibilities
Receive, review, and grant approval/issue rejection notices for risks within granted authority
Thoroughly review and document risks outside of granted authority for referral to Supervising Underwriter
Order and analyze investigation reports on present or potential insureds, using the reports to support underwriting decisions, as appropriate
Receive, review, and approve/reject requests for endorsements to policies
Interpret available data and information to price policies within company guidelines
Build relationships with current agents/agencies, while cultivating potential opportunities/ submissions through proactive call-outs
Communicate with agents and other company personnel about insureds, potential insureds policy endorsements, and coverages
Keep current on agent’s/producer's loss ratio and volume, manual changes (rules, classifications, and rate changes), various restricted lists, and changes in company underwriting procedures
Prepare written instruction for various processing units regarding endorsements
Review claim files in order to determine desirability of risk and/or risk classification information
Revise expiring policy files in order to determine desirability for renewal
Achieve individual performance metrics in areas such as:
Agent call-outs
Written premium
Loss Ratio
All other metrics, as assigned
Demonstrate advanced knowledge of forms, coverages, ratings in order to properly review policies
Qualification
Preferred
Bachelor's degree preferred
4-7 years' underwriting experience preferred
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
Business Travel Accident Insurance
Matching Gifts program
Paid Volunteer Day
Employee Referral Award Program
Wellness programs
Personal Insurance Discount
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.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kristen Martin
President and Chief Operating Officer
John Eckmair
Senior Vice President, Chief Underwriting Officer
Company data provided by crunchbase