Associate Underwriter - Commercial Lines

Bridge Specialty Group; Greenwood Village (CO); On-site; USD 55,000 - 60,000; Full time

Job summary

An established industry player is seeking an Associate Underwriter for Commercial Lines to join their dynamic team. This role involves evaluating insurance applications, assessing risks, and underwriting policies to ensure accurate and timely processing. The company values self-starters and fosters a culture of meritocracy, offering a supportive environment for personal and professional growth. With a focus on total well-being, the organization provides comprehensive benefits, including health, financial, and mental wellness support. If you are passionate about the insurance industry and eager to make a meaningful impact, this opportunity is perfect for you.

Benefits

Medical/Rx Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401k

Tuition Reimbursement

Paid Time Off

Holidays

Preferred Partner Discounts

Qualifications

• Bachelor's degree or 5 years insurance experience required.
• Experience with excess and surplus lines underwriting is preferred.

Responsibilities

• Evaluate insurance applications and determine degree of risk.
• Underwrite risks and ensure policies are issued accurately.
• Market and cultivate relationships with retail agency customers.

Skills

Underwriting

Risk Assessment

Insurance Knowledge

Relationship Management

Education

Bachelor’s degree

5 years insurance experience

Job description

Associate Underwriter - Commercial Lines

Apply locations Greenwood Village, CO, USA time type Full time posted on Posted 4 Days Ago job requisition id R25_0000000272

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is Seeking an Associate Underwriter – Commercial Lines to join our growing team in Denver, CO.

This role reviews insurance applications to evaluate, classify, and rate individuals and groups for insurance and accepts or rejects applications by performing the following duties.

How You Will Contribute

• Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property.
• Reviews company records to determine amount of insurance in force on single risk or group of closely related risks, and evaluates possibility of losses due to catastrophe or excessive insurance.
• Underwrites or brokers risks, ensuring that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
• Reviews, analyzes, and underwrites risks submitted by Producers, rates submissions for premium and terms, analyzes exposures for quotes for new and renewal business, issues written indications, quotes, and binders; uses inspection companies to obtain further information, quote rates, or explain company underwriting policies.
• Markets and meets with retail agency customers to develop business and cultivate relationships to grow a book of business.
• Understands and extends Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; is responsible for underwriting results.
• Ensures that coding on specific required forms is completed and utilized.
• Services and perpetuates existing business, produces new business, and maintains a keen awareness of priorities.
• Instructs and trains processors and assistants, reviews indications, quotes, binders, submissions, and policies for completeness and accuracy.
• Provides guidance and training to the processors and assistants to enable them to reduce the underwriter’s clerical workload and develop basic underwriting and brokering skills and techniques.
• Fosters and improves relationships with other departments, producers, companies, and competitors.

Licenses and Certifications:

• P&C State licensed.

Skills & Experience to Be Successful

• Bachelor’s degree (B. A.) from four-year college or university is desired or five years insurance experience, two years of which are as an underwriting assistant.
• Experience with excess and surplus lines underwriting.

Pay Range

$55,000 - $60,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.