Our client is an A rated carrier who is looking for a Commercial Field Underwriter to handle southern MN and Western WI. This position is responsible for writing new business in the assigned territory.
Main Responsibilities
Underwriting – Select and price risks for profit and growth.
- Demonstrate understanding of risk exposure, classifications, and price for exposure.
- Possess knowledge of forms, coverage, rating plans, manuals, and company position papers.
- Ensure that new and renewal business fits Company strategy and policies and that the underwriting process and procedures are aligned.
Agency Management - execute agency management routines to build the business and gain relevance.
- 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.
- 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 as established. Executes actions to achieve policy retention and pricing objectives. Participates in agency review process.
- Serves as a resource to agents, conducts underwriting, sales, product and process training for agencies and their staff.
- Responsible for agency travel to increase producer awareness of product offerings maximizing time with the right agencies.
Territory Leadership - responsible for profit, growth, pricing, underwriting quality, and meeting service standards in assigned territory.
- Develops and implements territory plan to attract desired business and gain relevance with key agents.
- Monitors market conditions, develops competitive intelligence, and makes recommendations regarding new and/or existing products, programs, risk appetite, and services.
The Ideal Candidate
- Bachelor’s degree or CPCU designation or comparable education and experience
- 3 or more years commercial multiple lines underwriting experience preferred.
- Must possess excellent communication, decision‑making, sales and negotiation skills
- Ability to complete multiple tasks within set deadlines
This is a work from home position. Company car provided. Significant travel is required (up to 60%) to develop effective agency relations.