Excess & Surplus – Property Underwriter for Contract Binding

Cincinnati Insurance Company; Fairfield (OH); On-site; USD 75,000 - 125,000; Full time

Job summary

The Cincinnati Insurance Companies is seeking an experienced Excess and Surplus Lines property underwriter for its contract binding division in Fairfield, OH. This role works with underwriting, agents, actuarial and loss control to grow profitable business and maintain high service standards.

Starting pay ranges from $75,000 to $125,000 annually, with potential annual bonus and stock incentives based on performance. Remote work may be available if not located near headquarters.

Qualifications

• Experience underwriting commercial property risks, including higher hazard or unique properties.
• Ability to analyze loss control data and underwriting tools.
• Strong communication and relationship-building with producers and agencies.
• Familiarity with rating methodologies and underwriting guidelines.

Responsibilities

• underwrite, price and negotiate individual excess and surplus commercial property risks to determine risk acceptability, pricing, coverages, terms and conditions within company guidelines
• analyze loss control reports, loss experience and other underwriting tools and resources to make informed individual risk selections
• develop and maintain new and existing relationships with producers and agencies
• work with internal department staff on the development, refresh and/or maintenance of property line coverage forms, rating methodology and underwriting guidelines
• monitor product results to develop ideas and marketing plans to increase productivity and profitability
• maintain high service standards and conduct marketing visits in conjunction with underwriters and admitted lines counterparts
• work collaboratively and independently with a high level of authority and judgment
• collaborate with relevant underwriting teams to ensure proper placement of risks and communication on market and agency trends
• evaluate competitive intelligence and emerging trends to proactively recommend product property solutions
• drive select product initiatives from concept through implementation, with increasing ownership over time
• monitor production results, rate adequacy and profitability of property book

Skills

Strong organizational skills

Verbal and written communication

Strategic thinking with professionalAC

Education

Five+ years of commercial lines property underwriting experience

ASLI or CPCU designation (preferred)

Tools

Microsoft Word

Excel

PowerPoint

Outlook

Job description

MAKE A DIFFERENCE Share your talents and develop your skills as you build a career in a professional environment with a personal feel.

Description

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service‑oriented, ethical, knowledgeable, and caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.

If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.

Build your future with us

CSU Producer Resources Inc. seeks an experienced Excess and Surplus Lines property underwriter for its contract binding division. This role will work closely with underwriting, agents/producers, actuarial and loss control to maximize the profitable growth potential in this space. If the candidate is not located in proximity to our Headquarters in Fairfield, OH, this role would be a remote position.

Starting pay: The pay range for this position is $75,000 - $125,000 annually. Pay is based on the applicant’s education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Be ready to:

• underwrite, price and negotiate individual excess and surplus commercial property risks to determine risk acceptability, pricing, coverages, terms and conditions within company guidelines
• analyze loss control reports, loss experience and other underwriting tools and resources to make informed individual risk selections
• develop and maintain new and existing relationships with producers and agencies
• work with internal department staff on the development, refresh and/or maintenance of property line coverage forms, rating methodology and underwriting guidelines
• monitor product results to develop ideas and marketing plans to increase productivity and profitability
• maintain high service standards and conduct marketing visits in conjunction with underwriters and admitted lines counterparts
• work collaboratively and independently with a high level of authority and judgment
• collaborate with relevant underwriting teams to ensure proper placement of risks and communication on market and agency trends
• evaluate competitive intelligence and emerging trends to proactively recommend product property solutions
• drive select product initiatives from concept through implementation, with increasing ownership over time
• monitor production results, rate adequacy and profitability of property book

Be equipped with:

• proficiency in Microsoft Word, Excel, PowerPoint and Outlook
• strong organizational skills
• developed verbal and written communication skills
• a strategic thinking mindset with a professional business acumen

Bring education or experience from:

• five or more years of commercial lines property underwriting experience with an emphasis on higher hazard or unique commercial property risks
• previous experience underwriting coastal CAT property (preferred)
• experience with individual risk selection, pricing and portfolio management
• an ASLI or CPCU designation (preferred)

Enhance your talents

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career.

Enjoy benefits and amenities

Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well‑being and satisfaction of our associates, we offer a variety of benefits and amenities.

Embrace a diverse team

As a relationship‑based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race, creed, color, sex, including sexual orientation, gender identity and transgender status, religion, national origin, age, disability, military service, veteran status, pregnancy, AIDS/HIV or genetic information, or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.