Commercial Underwriter

Placements24; United States; Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Salary with bonuses

Health insurance

Retirement savings options

Hybrid work model

Learning & development opportunities

Collaborative team culture

Job summary

Placements24 represents a leading insurer hiring a Commercial Underwriter for its George-based team. You will assess applications, set terms and pricing, and make underwriting decisions aligned with risk appetite and profitability.

The role emphasizes broker relationships and market competitiveness. With at least 4 years in commercial underwriting and a solid grasp of property and liability lines, you will collaborate across claims and actuarial teams, ensuring compliant guidelines while

Qualifications

• 4+ years of experience in commercial insurance underwriting.
• Solid understanding of commercial property and liability lines.
• Strong analytical, risk assessment and decision-making skills.
• Excellent communication and negotiation abilities.

Responsibilities

• Analyze and assess commercial insurance applications, evaluating risks across industries.
• Determine policy terms, conditions, and pricing to ensure profitability and competitiveness.
• Develop and maintain relationships with brokers, agents, and clients to facilitate business acquisition and retention.
• Stay updated on market trends, competitor activities, and regulatory changes affecting underwriting.
• Collaborate with claims and actuarial teams to refine underwriting guidelines and risk management.
• Ensure compliance with underwriting policies and regulatory requirements.

Skills

Analytical thinking

Communication skills

Negotiation

Risk assessment

Education

ACII / ANZIIF designation

Tools

Underwriting software

Data analysis tools

Job description

About the Role

Our client, a prominent player in the insurance market, is looking for a skilled Commercial Underwriter to join their established team based in George . This role is crucial for assessing and managing the risks associated with commercial insurance policies. You will be responsible for evaluating applications, determining policy terms and pricing, and making underwriting decisions that align with the company's risk appetite and profitability goals. The ideal candidate possesses a keen analytical mind, a deep understanding of commercial insurance products, and the ability to build strong relationships with brokers and agents, contributing to sustained business growth.

Key Responsibilities

• Analyze and assess commercial insurance applications, evaluating risks associated with various industries and business operations.
• Determine appropriate policy terms, conditions, and pricing to ensure profitability and competitive market positioning.
• Develop and maintain strong relationships with brokers, agents, and clients to facilitate business acquisition and retention.
• Stay abreast of market trends, competitor activities, and regulatory changes impacting commercial insurance.
• Collaborate with claims and actuarial departments to refine underwriting guidelines and risk management strategies.
• Ensure compliance with underwriting policies, procedures, and regulatory requirements.

Requirements

• A minimum of 4 years of experience in commercial insurance underwriting.
• Solid understanding of commercial property, liability, and other relevant insurance lines.
• Strong analytical, risk assessment, and decision-making skills.
• Excellent communication and negotiation abilities, with a professional demeanor.
• Relevant insurance designations or certifications (e.g., ACII, ANZIIF) are highly advantageous.
• Experience working with underwriting support systems and data analysis tools.

Benefits

• Attractive salary range with potential for annual bonuses based on performance.
• Comprehensive health insurance plan and retirement savings options.
• Access to continuous learning and professional development opportunities in the George area.
• A hybrid work model offering a balance between office collaboration and remote flexibility.
• Supportive team culture committed to professional growth and excellence.