Commercial Lines Underwriter 1

Concord Group Insurance; Westborough (MA); On-site; USD 63,000 - 75,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with company match

Paid time off

Job summary

The Concord Group Insurance is seeking an entry-level Commercial Lines Underwriter I to learn and apply underwriting rules, guidelines and company philosophy under supervision. You will read policies, assess risks, and form decisions using data and sound judgment within the training program.

Ideal candidates have a Bachelor’s degree in property/casualty underwriting and strong communication skills. The role emphasizes independent data analysis and professional growth in a supportive team

Qualifications

• Bachelor’s degree or direct equivalent experience with property/casualty underwriting
• Ability to organize data, multi-task and make decisions independently
• Above average communication skills (written and verbal)
• Ability to write reports and compose correspondence
• Ability to resolve complex issues
• Continually develop product knowledge through participation in approved educational programs

Responsibilities

• Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions
• Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use
• Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment
• Analyze loss experience, financial conditions and physical characteristics of risks
• Acquires a working knowledge of supporting sections of the underwriting department
• Effectively communicate with independent agents and other associates through verbal and/or written means
• Participate in and successfully complete the Company underwriter training program

Skills

Underwriting knowledge

Communication skills

Data organization

Decision making

Analytical skills

Education

Bachelor’s degree in property/casualty underwriting

Job description

A career at Concord Insurance Group is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.

Job Description

Our Commercial Lines Underwriter I is responsible for understanding and applying insurance coverage, rules and guidelines, as well as executing the underwriting decision-making process according to Company underwriting philosophy. Work is performed under general supervision.

Responsibilities

• Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions
• Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use
• Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment
• Analyze loss experience, financial conditions and physical characteristics of risks
• Acquires a working knowledge of supporting sections of the underwriting department
• Effectively communicate with independent agents and other associates through verbal and/or written means
• Participate in and successfully complete the Company underwriter training program

Requirements

• Bachelor’s degree or direct equivalent experience with property/casualty underwriting
• Ability to organize data, multi-task and make decisions independently
• Above average communication skills (written and verbal)
• Ability to write reports and compose correspondence
• Ability to resolve complex issues
• Continually develop product knowledge through participation in approved educational programs

Benefits

At The Concord Group, we’re proud to offer a comprehensive benefits package designed to support the wellbeing of our associates. This includes medical, vision, dental, life insurance, disability insurance, and a generous paid time off program for vacation, personal, sick time, and holiday pay. Additional benefits include parental leave, adoption assistance, fertility treatment assistance, a competitive 401(k) plan with company match, gym member/fitness class reimbursement, and additional resources and programs that encourage professional growth and overall wellness.

Why Concord Group Insurance

Since 1928, The Concord Group has been protecting families and small businesses across New England with trusted, personal insurance solutions. The Concord Group is a member of The Auto Owners Group of Companies and is recognized as a leading insurance provider through the independent agency system. Rated A+ (Superior) by AM Best, the company is represented by more than 550 of the best local independent agents throughout Maine, Massachusetts, New Hampshire, and Vermont.

At Concord Group, we believe in more than just insurance, we believe in our people. Our associates thrive in a supportive, collaborative workplace where community involvement, professional growth, and shared values drives everything we do.

Starting your career with The Concord Group means joining a team that values people first and gives you the opportunity to grow, give back, and make a lasting difference in the lives of those we serve.

Compensation

We are dedicated to fair and competitive total compensation package that supports the wellbeing and success of our associates. In addition to this, we offer other components like bonus opportunities. $62,500 - $75,000

Equal Employment Opportunity

The Concord Group is an equal opportunity employer and hires, transfers, and promotes based on ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state, or local law.

The Concord Group participates in E-Verify.