Commercial Lines Underwriter

Safepoint MGA, LLC; South Jordan (UT); On-site; USD 75,000 - 115,000; Full time

Benefits offered by this job

Market Competitive Wages

Educational Assistance Programs

Safe Harbor 401K with immediate vest

Paid Time-Off and Holidays

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

FSA with Company Contribution

HSA with Company Contribution

Life and AD&D Insurance

AAA Membership

Identity Theft Protection

Other Ancillary Insurance Benefit

Job summary

Safepoint MGA, LLC is seeking a Commercial Underwriter to underwrite, quote, and sell small business risks through agency partners, while maintaining program data and pricing strategies.

The candidate will develop products, monitor performance, and mentor junior underwriters in a fast-paced environment with strong emphasis on risk analysis and sales opportunities.

Qualifications

• Requires active Resident state General Lines Insurance License
• Bachelor’s degree or equivalent work experience preferred
• Comprehensive knowledge of commercial lines products and underwriting process

Responsibilities

• Underwrite and price new and renewal small commercial property and casualty business
• Support agency marketing and field underwriting
• Provide mentoring and training to underwriting team

Skills

Underwriting

Sales oriented

Analytical thinking

Communication skills

Mentoring/training

Education

Bachelor’s degree

CPCU/CIC/AAI (desired)

Tools

Underwriting software

Job description

Job Summary

The Commercial Underwriter is responsible for underwriting, quoting and selling small business risks through agency partners, and in the maintenance and upkeep of program rating data, forms, etc., working with system vendors as needed. The position also plays an active role in developing new products, pricing, and coverages, and is involved in monitoring and providing updated information and content for our web presence. The ideal qualified candidate will have advanced underwriting skills and be a sales‑orientated insurance professional who thrives in a fast‑paced, high energy business environment. Key success factors include: account pre‑qualification, risk analysis, information validation, classification, pricing adequacy, thought process documentation, collaboration, negotiation, and making the sale. This role may include mentoring and coaching less experienced underwriters on more complex accounts, referral underwriting, and becoming the subject matter expert on emerging issues and complex classes/coverages.

Duties and Responsibilities

• Assists in developing programs, coverages, rates, forms, etc., working with system vendors as needed
• Assists in monitoring and developing program information and content for web presence, working with vendors as needed
• Supports marketing activities to agents and actively participates in the agency management process.
• Demonstrates a professional, courteous attitude with agents. Responds quickly and ethically to all requests/issues. Delivers on promises and promises only what can be delivered
• Provides accurate and thorough education to agents about the company’s risk selection philosophy and pricing guidelines
• Monitors performance criteria, including premium and unit count goals, mix of business,written-to-quoted ratio, and declination ratio of assigned agencies and territory
• Achieves company growth objectives by recognizing sales opportunities, soliciting desirable business, and diligent follow‑up on quoted business
• Works with other departments as necessary to resolve policy issues
• Determines the appropriate course of action for policy changes, delegating to assistant underwriters and/or processing assistants for handling
• Provides mentoring and training to the underwriting team
• Research new products and coverage forms
• Other tasks and projects as may be assigned

Essential Functions

• Solicit, underwrite and price new and renewal small commercial property and casualty business
• Selects new business and evaluates renewal accounts in accordance with company underwriting philosophy, established authority parameters, as well as written/verbal procedures and guidelines
• Travels to agencies providing field underwriting and quoting as needed (Up to 10% Travel)
• Reviews claims activity, loss control surveys, and inspection reports for existing policies, handling as required.

Qualifications

• Resident state General Lines Insurance License required
• Professional Insurance Designations such as CPCU, CIC, AAI, desired
• Min. 3 years of insurance company underwriting experience in commercial property and casualty insurance
• Bachelor’s degree, or equivalent work experience preferred
• Comprehensive knowledge of commercial lines products, coverages (including wildfire), and the underwriting process and analytics involved
• Strong familiarity with western states insurance regulations/requirements
• Excellent communication and organizational skills
• Advanced computer skills and strong systems knowledge

Physical Requirements

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to handle or feel; and reach with hands and arms.

Working Conditions

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, copiers, filing cabinets and fax machines.

Licensing Requirements

Please note that most organizations overseeing Property and Casualty licensure requirements, including the Florida Department of Financial Services, require individuals to answer background questions about criminal history and undergo fingerprinting as part of the licensing process. Obtaining applicable licensure is a requirement for this position.

Immigration Sponsorship

Safepoint MGA, LLC does not offer immigration sponsorship or support for this role. This includes serving as the immigration employer of record or providing documentation or assistance for work authorization processes now or in the future, including H-1B, OPT, STEM OPT, CPT, J-1, etc.

Compensation and Benefits

We recognize that talented professionals are attracted to companies that provide a great place to work, combined with a comprehensive and competitive pay and benefits package, along with opportunities for personal growth and job advancement. For this reason we are pleased to provide:

• Market Competitive Wages
• Prof. Development and Educational Assistance Programs
• Safe Harbor 401K Plan with Immediate Vesting and an Automatic Company Contribution
• Paid Time-Off (Discretionary, PTO, Parental Leave, and others)
• Company Paid Holidays
• Health Insurance
• Dental Insurance
• Vison Insurance
• Short and Long Term Disability Insurance (company paid premiums)
• Flexible Spending Accounts with Company Contribution
• Health Savings Accounts with Company Contribution
• Employee Life and AD&D Insurance
• Dependent Life and AD&D Insurance
• AAA Membership (company paid)
• Identity Theft Protection (company paid)
• Other Ancillary Insurance Benefit Programs
• And more…

Safepoint Insurance is an equal employment opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, age or disability. We assure you that your opportunity for employment with Safepoint depends solely on your qualifications.

Safepoint MGA participates in E-Verify. Information about E-Verify participation will be provided during the application process where applicable.