Commercial Lines Underwriter

DMC Insurance, Inc.; Indianapolis (IN); On-site; USD 75,000 - 115,000; Full time

Job summary

DMC Insurance, Inc. seeks an experienced underwriter for its fleet underwriting team in Indianapolis. The role focuses on pricing new and renewal transportation accounts, analyzing data from loss histories, telematics, and public information, and building strong relationships with brokers and customers.

The ideal candidate will combine analytical abilities with effective communication to drive profitable growth while adhering to regulatory and internal policies. Travel up to 20% may be required.

Qualifications

• Bachelor’s Degree in a related field required.
• Prior insurance experience in commercial underwriting preferred.
• Strong communication and presentation skills.
• Knowledge of ISO rating methodology and rating models preferred.
• Proficiency in Microsoft Office, especially Excel.
• Willingness to travel 0–20%.

Responsibilities

• Evaluate and price new business and renewal transportation insurance accounts.
• Collaborate with brokers and customers via phone, email, web, or in-person visits.
• Contribute to profitable growth by directly managing a book of transportation business.
• Perform book-level analysis and coordinate with Claims, Risk Engineering, Finance or Actuarial.

Skills

Underwriting

Broker communication

Analytical thinking

Time management

Team collaboration

Education

Bachelor’s Degree

Tools

Excel

ISO rating methodology

Job description

We are seeking an experienced, highly motivated insurance professional to join our fleet underwriting team. This person will have excellent communication skills and develop strong relationships with all our business partners, most critically our customers. Further, this candidate will exhibit strong analytical and investigative skills, a holistic understanding of the commercial insurance process, and a desire to serve our customers with a best-in-class, value-driven insurance product. The ideal candidate will have the depth of experience and superior analytical skills necessary to complete detailed loss analyses, understand an insured’s total cost of risk, analyze public data and telematics information, and seek a detailed understanding of each insured’s operations, for the purposes of profitably growing DMC’s book of business and building long-term partnerships with our customers. Lastly, the ideal candidate will add to and bolster DMC’s unique culture – a workplace built on enthusiasm, entrepreneurship, integrity, communication, proactive problem solving, and a genuine passion for helping our customers and brokers.

About the Role

• Evaluate and price new business and renewal transportation insurance accounts, using submitted application materials, historic loss data, public/government information, telematics data, internet research, financial analysis and any other relevant tools.
• Work closely with our exclusive network of independent brokers and customers via phone, email, web communication, or in-person visits, as needed.
• Contribute directly to DMC’s corporate goals of profitable growth via the direct management of a book of transportation business.
• Perform book-level analysis and regular, active account management for your portfolio, in conjunction with various DMC functional areas, such as Claims, Risk Engineering, Finance or Actuarial.
• Maintain an understanding of existing laws and regulations, emerging technologies, and competitor actions that can impact our customers, our product offering, or our pricing.
• Assist management with special projects, product development, form/rate/rule filings, market research, or broker/customer research and engagement initiatives.
• Participate in industry events (such as transportation-related trade shows) as needed.
• Other underwriting duties, as assigned by management.

Qualifications:

• Bachelor’s Degree required, preferably in insurance, actuarial science, mathematics/statistics, business administration, or related field.
• Prior insurance experience preferred. Ideal candidate will have, commercial underwriting experience that includes external communication to brokers, customers, and other stakeholders along with experience of auto liability, general liability, cargo liability, physical damage, workers compensation, product liability and excess tower placement coverages utilizing various program structures and deductible/SIR/Captive levels.
• Will abide by departmental policies and procedures, including regulatory compliance (rate and form), as well as internal audit controls.
• Customer service orientation, strong listening skills, ability to present findings.
• Familiarity with ISO rating methodology and proprietary rating models is preferred.
• Proficiency in Microsoft Office suite (especially Excel).
• Travel, as needed (0-20% of time) to visit key prospects, support executive initiatives, and participate in industry events/trade shows.
• Must be a self-starter with ability to manage time in a fast-paced environment, prioritize critical tasks, communicate with management on status, and deliver on objectives in a timely fashion.
• Must be able to work proactively in independent settings, as well as work collaboratively with a team.