Construction Key Accounts Underwriter – New Business (Remote)

Cincinnati Insurance Company; Tennessee; On-site; USD 100,000 - 195,000; Full time

Job summary

The Cincinnati Insurance Companies in Tennessee is seeking an experienced Commercial Lines Key Accounts underwriter to actively manage a high-value book of new and renewal business in our multi-state territory. This role emphasizes contractor exposures, rate and renewal negotiations, and strong agent/broker collaboration.

This position requires 5 years of construction underwriting experience, excellent communication skills, and willingness to travel up to 25%.

Qualifications

• 5 years of construction-specific underwriting experience in middle market and large accounts preferred.
• Working knowledge of large account marketing and underwriting, including awareness of loss sensitive programs, familiarity with collateral concepts, wrap-ups and other contractor specific coverage.
• Analytical and critical-thinking skills.
• Strong understanding of the life cycle on construction projects.
• Excellent oral and written communication skills.
• Strong negotiation and relationship-building abilities.
• Understanding of portfolio management and ability to balance growth and profit dynamics to achieve company targets.
• Self-starter with creative thinking and an ability to create opportunity.
• Willingness to travel roughly 25% of the time. Includes day trips and occasional overnight

Responsibilities

• Manage a territory of guaranteed cost and loss sensitive business as a life-cycle underwriter above $250,000 in New Business and $500,000 for renewals.
• Responsible for both new business production goals and a renewal book of business of our larger Key Accounts
• Engage with partner agents and brokers that drive revenue with Key Account size business by promoting our company’s products and services
• Work to strategically grow by partnering with our local field marketing reps to drive submission activity
• Understand the agency planning process and impact of contingency/supplemental commission arrangements
• Speak competently about relevant issues impacting contractors and how it impacts their risk management program
• Evaluate and document contractor exposures and controls, analyzing actuarial loss models using both predictive analytics and a layered and excess loss approach
• Price business to achieve positive returns within the framework of the organization’s risk appetite
• Effectively negotiate renewals to achieve business unit goals, including rate/retention dynamics and policy terms and conditions
• Proactively engage insureds in the assigned territory, developing and executing on stewardship service plans - addressing claims, loss control and RMIS service needs
• Collaborate with, and mentor less experienced underwriters

Job description

The Cincinnati Insurance Companies in Tennessee is seeking an experienced Commercial Lines Key Accounts underwriter to actively manage a high-value book of new and renewal business in our multi-state territory. This role emphasizes contractor exposures, rate and renewal negotiations, and strong agent/broker collaboration.

This position requires 5 years of construction underwriting experience, excellent communication skills, and willingness to travel up to 25%.