Commercial Lines Underwriter

Placements24

Windsor Park (TN)

On-site

USD 81,000 - 121,000

Full time

9 days ago

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Benefits offered by this job

Salary bonus

Medical/dental/vision insurance

Retirement plan

Professional development

East London team environment

Job summary

Placements24 is seeking an experienced Commercial Lines Underwriter to join its established East London team. You will assess and price commercial insurance risks, make critical policy decisions, and develop profitable underwriting strategies while collaborating with brokers and agents to tailor solutions that meet client needs.

The role requires 4+ years in commercial lines underwriting, strong analytical and negotiation skills, and solid knowledge of underwriting principles, risk management,

Qualifications

Minimum of 4 years of experience in commercial lines insurance underwriting.
In-depth knowledge of various commercial insurance products and their risks.
Strong analytical, decision-making, and negotiation skills.
Excellent understanding of underwriting principles, risk management, and regulatory compliance.
Proficiency in underwriting software and Microsoft Office applications.

Responsibilities

Evaluate and underwrite commercial insurance applications, including property, casualty, and specialty lines.
Analyze financial statements, risk assessments, and other pertinent data to determine coverage and pricing.
Develop and maintain strong relationships with brokers and agents to foster business growth.
Set underwriting guidelines and authority levels, ensuring compliance with policies and regulatory requirements.
Monitor portfolio performance and identify trends or emerging risks in commercial insurance.
Provide technical expertise and guidance to support staff and less experienced underwriters.

Skills

Analytical skills

Decision-making

Negotiation

Regulatory compliance understanding

Education

Insurance/Business/Finance degree

Tools

Underwriting software

Microsoft Office

Job description

About the Role

Our client is seeking an experienced Commercial Lines Underwriter to join their established team in East London . This position involves assessing and pricing commercial insurance risks, making critical decisions on policy acceptance, and developing profitable underwriting strategies. You will work closely with brokers and agents to understand business exposures and offer tailored insurance solutions that meet client needs while adhering to company guidelines. This is a challenging and rewarding role for a seasoned underwriter looking to contribute their expertise to a reputable insurance provider in the East London market.

Key Responsibilities

Evaluate and underwrite commercial insurance applications, including property, casualty, and specialty lines.
Analyze financial statements, risk assessments, and other pertinent data to determine appropriate coverage and pricing.
Develop and maintain strong relationships with brokers and agents to foster business growth.
Set underwriting guidelines and authority levels, ensuring compliance with company policies and regulatory requirements.
Monitor portfolio performance and identify trends or emerging risks within the commercial insurance sector.
Provide technical expertise and guidance to support staff and less experienced underwriters.

Requirements

Minimum of 4 years of experience in commercial lines insurance underwriting.
In-depth knowledge of various commercial insurance products and their associated risks.
Strong analytical, decision-making, and negotiation skills.
Excellent understanding of underwriting principles, risk management, and regulatory compliance.
Proficiency in underwriting software and Microsoft Office applications.
A relevant professional designation or degree in Insurance, Business, or Finance is highly desirable.

Benefits