Associate Underwriter - Commercial Lines

Jencap; Red Bank (NJ); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Comprehensive health care coverage

401(k) plan

Tuition reimbursement

Job summary

Jencap is seeking an Associate Underwriter in Red Bank, NJ to review and price insurance applications and support underwriters and agents. Responsibilities include performing risk selection, building relationships with agents, and communicating effectively with all stakeholders. The candidate should have a Bachelor's degree and 2–5 years of experience in the insurance industry. Jencap offers comprehensive benefits, including health coverage and a 401(k) plan, within an in-office work environment.

Qualifications

• 2–5 years of similar experience in the insurance industry.
• Functional knowledge of product offerings and insurance practices.
• Strong communication skills and a drive for customer excellence.

Responsibilities

• Perform risk selection and analysis by examining various documents.
• Build relationships with agents through in-house placement of new business.
• Communicate effectively with brokers and internal staff.

Skills

Strong communication skills

Customer excellence

Functional knowledge of insurance concepts

Education

Bachelor’s degree preferred

Job description

Location

Red Bank, NJ (in‑office)

Why Jencap?

We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. Our collaborative and driven team is empowered to find solutions, grow individuals, and provide development opportunities for a successful career.

Associate Underwriter Overview

The Associate Underwriter reviews, markets, and prices new and renewal applications, endorsements, and related documents within the company/agency granted authority. The Associate supports underwriters and agents to ensure delivery, follow‑up, and servicing of all new business and renewal accounts.

Responsibilities

• Perform risk selection and analysis by examining documents such as application forms, inspection reports, financial reports, product brochures, and company referral agreements.
• Build relationships with agents through in‑house placement of new business.
• Communicate effectively with agents, brokers, company underwriters, internal staff, and management to obtain additional information, quote rates, and service existing accounts.
• Connect with carrier underwriters to learn coverage, guidelines, and technology.
• Maintain renewal book of business and premium as required.
• Address assigned workload within quality, productivity, and service standards set by the company/underwriting guidelines.
• Provide timely responses to questions posed by brokers, clients, underwriters, and other company personnel.
• Assist with special projects as needed.

Requirements

• Bachelor’s Degree preferred.
• 2–5 years of similar experience in the insurance industry.
• Functional knowledge of product offerings, insurance concepts, practices, and procedures.
• Strong communication skills and a drive for customer excellence.
• In‑office position.

Compensation and Benefits

The base salary will be based on compensable factors such as education, experience, training, licensure, competencies, geographic location, and other factors. Discretionary incentive compensation may be awarded. Jencap offers a range of benefits, including comprehensive health care coverage, a 401(k) plan, and tuition reimbursement.

Equal Employment Opportunity

Jencap is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, or any other characteristic protected by law. We are committed to fostering a work environment in which every colleague feels welcomed, valued, respected, and heard.