Commercial Underwriter (Experienced)

Ultipro; Sheboygan (WI); Hybrid; USD 80,000 - 150,000; Full time

Benefits offered by this job

401(k) contribution

Medical, dental, vision insurance

Paid time off

Employee Assistance Program

Job summary

Acuity is seeking an experienced Commercial Lines Underwriter to select, retain and price commercial insurance risks in line with underwriting policies. The role emphasizes counsel and collaboration with agents to grow a profitable book of business within Acuity's operating territory.

Required are at least five years of experience as a commercial underwriter, a college degree (CPCU/CIC preferred), and strong knowledge of rating programs and coverage laws.

Qualifications

• College degree from an accredited institution or equivalent experience.
• CPCU, CIC or similar insurance designations preferred.
• At least five years experience as a commercial underwriter.
• Ability to underwrite large, complex commercial lines accounts.
• High level of expertise in rating programs, coverage laws, and regulations.
• Demonstrates the ability to be innovative in suggesting alternatives in pricing and coverage.
• Strong ability to communicate, both orally and in writing.

Responsibilities

• Reviews quotes and applications for commercial lines and obtains underwriting information.
• Reviews renewal business and determines pricing and terms.
• Monitors in-force business and ensures continued risk acceptability.
• Maintains relationships with agents, Sales, and other Acuity personnel.
• Recommends additional coverages and policy amendments for profitability.
• Communicates underwriting decisions clearly to protect agency relationships.
• Prices commercial lines to be competitive and adequate for risk.

Skills

Underwriting

Communication

Pricing

Relationship management

Decision making

Analytical thinking

Education

College degree

CPCU/CIC or similar designation preferred

Job description

Acuity is seeking an experienced Commercial Lines Underwriter to select, retain and price commercial insurance risks while conforming to established underwriting policies, practices and standards. The Commercial Lines Underwriter provides counsel, training and assistance of a highly technical and professional nature on all lines of commercial insurance. In addition, the Commercial Lines Underwriter works with a specific group of agents, as assigned, in the pursuit of a profitable, growing book of business. Employees must reside in Acuity's operating territory.

ESSENTIAL FUNCTIONS:

• Reviews requests for quotations and new applications for the commercial lines of insurance. Obtains needed underwriting information, analyzes all available facts, and makes sound and consistent underwriting decisions, in accordance with the company's underwriting policies, practices, and standards.
• Reviews renewal business, obtains updated or additional information as needed, and makes sound and consistent decisions as to whether renewal is to be offered, and if it is at what price.
• Reviews and monitors in-force business as occasioned by requests for changes, losses, coverage additions and deletions, and other activity. Ensures that the risk continues to be acceptable in accordance with Acuity's underwriting standards and practices.
• Encourages and assists in the production of profitable commercial lines business by maintaining excellent working relationships with agents, the Sales Department, and otherAcuitypersonnel.
• Recommends additional coverages, lines of insurance, and policy amendments which will serve to makeAcuity'sinsurance program more responsive to the customer's needs.
• Rejects business which does not meetAcuity'sunderwriting standards and does not offer a potential for profit. Communicates unfavorable underwriting decisions and the reasons for such decisions in such a way as to preserve and enhance good agency relationships.
• Prices commercial lines business at a level which is adequate and as competitive as possible for the risk involved.
• Authorizes the issuance of quotes, policies, and endorsements to policies which are technically correct, in accordance withAcuity'srule, rate and form filings, and are responsive to the customer's needs.
• Places property and casualty reinsurance in accordance with the companies guidelines.
• Studies insurance policies, manuals, portfolios, rating plans, and periodicals so as to enhance their knowledge of the commercial lines of insurance and to keep abreast of the current happenings in the insurance industry.
• Visits agents in his/her assigned territory in order to foster efficient working relationships, gain familiarity with the market available to the agent and to Acuity, and to assist the agent in identifying risks Acuity would like to write.
• Maintains quality and quantity of work at prescribed departmental standards.
• Coordinates with loss control to improve risks.
• Assists in the training of Underwriting trainees.
• Regular and predictable attendance.
• Performs other duties as assigned.

EDUCATION :

A college degree from an accredited institution or equivalent experience. CPCU, CIC or similar insurance designations preferred.

EXPERIENCE :

At least five years experience as a commercial underwriter

OTHER QUALIFICATIONS :

Ability to underwrite large, complex commercial lines accounts

• A high level of expertise in the areas of rating programs, coverage laws, and regulations
• Demonstrates the ability to be innovative in suggesting alternatives in pricing and coverage
• Possesses a strong ability to communicate, both orally and in writing

Acuity does not sponsor applicants for U.S. work authorization.

This job is classified as exempt.

The salary range for this position is $80,000 - $150,000 annually. This salary range is an estimate and the actual salary will vary based on applicant’s education, experience, knowledge, skills, and abilities.

For this role, Acuity offers a comprehensive benefits package, including a generous 401(k) contribution, medical, dental, vision, life and disability insurance, paid time off, an Employee Assistance Program, and more. A full description of benefits and eligibility will be provided to candidates during the hiring process.

We are an Equal Employment Opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, marital status or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.

Acuity will include at least one in-person interview during the hiring process for all positions.

If you have a disability and require reasonable accommodations to apply or during the interview process, including for in-person interviews, please contact our Talent Acquisition team at [e-mail] . Acuity is dedicated to offering reasonable accommodations during our recruitment process for qualified individuals.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.