Commercial Underwriter Job at Heritage Insurance

Heritage Insurance Johnston, RI 02919

Position Summary:

Responsible for the profitable production and retention of a book of commercial accounts. Reviews, evaluates, and rates insurance applications. Determines eligibility of risks when compared to guidelines of programs available. Evaluates the degree of risk involved and determine appropriate course(s) of action. Participates in surveys and studies to produce production and loss analysis reports as required.

Responsibilities:

· Manages effectively the assigned underwriting territory in terms of profitability and growth, including analyzing agency performance regarding quality and quantity of submission activity and overall profitability.

· Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available.

· Develops, implements and monitors business plans of agents, addressing market focus, growth and profit.

· Evaluate the experience of a risk under review. Maintains quality, selection and pricing standards.

· Evaluate the loss potential due to catastrophe, severity, and/or frequency.

· May rate policies or check previously rated policies for proper rating.

· Utilizes knowledge of available systems to develop information for new or renewal policies.

· Answers questions from agents, policyholders, or prospects.

· Accepts and binds insurance within underwriting authority.

· Assists agents with comments or questions about applications and the likelihood of acceptance by the company.

· Reviews requests for cancellation, endorsements, etc.

· Reviews policies for renewal consideration.

· Requests additional documentation necessary for the processing of an application, endorsement or cancellation.

· Provides technical guidance to the Technical Assistants and Associate Underwriters.

· Communicates with co-workers, management, clients, vendors, and others in a courteous and professional manner.

· Participates in special projects as assigned.

· Maintains the integrity of the company and products offered by complying with federal and state regulations as well as company policies and procedures.

Qualifications:

· Associate’s Degree required; Bachelor’s Degree preferred.

· 4-40, 2-20 or 20-44PL Licensure preferred; must be willing and able to ascertain certification within 1 year.

· Two to three years of underwriting experience with a domestic property insurance company; Florida property experience a plus.

· Knowledge of departmental regulations and policies and standard accepted underwriting practices.

· Proficiency with Microsoft Office products required; internet research tools preferred.

· Demonstrated customer service focus / superior customer service skills.

· Excellent communication skills and ability to interact on a professional level with internal and external personnel

· Resourceful and skilled in gaining consensus to solve problems.

· Results driven with strong problem solving and analytical skills.

· Ability to work independently in a fast paced environment; and manages changing priorities effectively.

· Detail-oriented and exceptionally organized

· Collaborative partner; ability to contribute to a positive work environment.

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Referral program
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance

Schedule:

  • Monday to Friday

Work Location: In person




Please Note :
caminobluff.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, caminobluff.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.