Executive Commercial Lines Underwriter

Utica Mutual Insurance Company; North Carolina; Hybrid; USD 90,000 - 154,000; Full time

Benefits offered by this job

Medical & Prescription

Life & Disability

401k & Profit Sharing

HSA

FSA

Tuition Assistance

Family Leave

Adoption Support

Voluntary Benefits

Student Loan Refinancing

Travel Insurance

Matching Gifts

Employee Referrals

Wellness Programs

Personal Insurance Discount

Job summary

Utica National Insurance Group is seeking a Commercial Lines Underwriter to manage a high-volume middle-market portfolio across the Eastern region, with a hybrid work model from our Charlotte presence. You will underwrite complex risk, set appetite, review agency submissions, and collaborate with account underwriters to improve loss ratios and profitability.

The role requires deep knowledge of General Liability, Workers’ Compensation, Property, and Commercial Auto lines, plus strong analytical,

Qualifications

• Bachelor's degree or equivalent experience preferred.
• Minimum 5 years of experience in Commercial Lines Middle Market Underwriting preferred.
• Strong knowledge of General Liability, Workers' Compensation, Property, and Commercial Auto.
• Proven track record of successful underwriting and portfolio management in the middle market segment
• Excellent analytical and decision-making skills
• Strong communication, negotiation, and relationship-building abilities
• Ability to work independently and as part of a team in a fast-paced and dynamic environment.

Responsibilities

• Analyzes and evaluates new submissions and renewal accounts to determine acceptability of the risk within parameters outlined in Underwriting Authority.
• Reviews, interprets and processes data from applications and loss history.
• Articulates and applies risk management concepts including exposure identification and control.
• Communicates appetite, underwriting standards, declination reasons and coverage advantages to Agents and internal partners to ensure profitability.
• Cultivates strong business relationships by proactively communicating ownership and commitment.
• Anticipates and meets client needs; adjusts priorities to changing requirements.
• Manages a high-volume agency assignment with increased authority limits while maintaining quality.
• Analyzes agents' book of business to identify opportunities for profitable growth.

Skills

Underwriting

Risk assessment

Portfolio management

Analytical skills

Communication

Teamwork

Education

Bachelor's degree or equivalent experience

Job description

At Utica National Insurance Group, 1,400 employees countrywide take our corporate promise to heart every day: To make people feel secure, appreciated, and respected.

Utica National Insurance Group is an "A" rated $2.0B award-winning, nationally recognized property & casualty insurance carrier.

Operating along the Eastern half of the United States, based in our Home Office in Central New York, with Regional Office locations including NYC, Dallas and Charlotte.

What you will do

Commercial Lines Underwriters are responsible for underwriting risk including underwriting decisions on complex risks to apply insurance rules and regulations in accordance with guidelines. Managing a high-volume agency assignment with increased authority limits. Is able to prepare material for agency reviews and work with the account underwriter on agency production and loss ratio improvement plans. In this role, you will be responsible for underwriting commercial lines insurance policies, including General Liability, Worker's Compensation, Property, Commercial Auto insurance. Account exposure include Contractor, Wholesaler, Retail, Restaurant, Manufacturers, etc. You will use your expertise to evaluate risks and determine appropriate coverage, while also ensuring the utmost satisfaction for our Insureds.

The underwriters' responsibility is to ensure that the assets of the organization are protected by monitoring and influencing the book of business that is placed with the company. Pro-active analysis and execution of agency action plans to improve the book of business will lead to profitability of the company.

• Analyzes and evaluates new submissions and renewal accounts to determine acceptability of the risk within parameters outlined within the Underwriting Authority CL Underwriter Document
• Reviews, interprets and processes data from various sources, including applications forms and loss history.
• Able to articulate and practice principles of risk management including knowledge of exposure/hazard identification and control. Demonstrates high degree of understanding and familiarity with competitor's price and product.
• Clearly communicates appetite, underwriting standards, declination reasons and coverage advantages to Agents and internal partners to ensure profitability and generate a flow of quality new business submissions and retention.
• Cultivates strong business relationships (internal and external) by proactively communicating and conveying ownership and commitment.
• Anticipates and meets the needs of customers and readily adjusts priorities to respond to pressing and changing client requirements.
• Manage a high-volume agency assignment with increased authority limits at expected quality control results.
• Display the competency to analyze the 'agents' book of business, through risk characteristics profile/evaluation, to determine correction action(s) or opportunities to generate profitable growth.
• Strong understanding of the Commercial Lines marketplace/products
• Able to prepare material for agency reviews and work with the account underwriter on agency production and loss ratio improvement plans.

What you need

• Bachelor's degree or equivalent experience preferred.
• Minimum 5 years of experience in Commercial Lines Middle Market Underwriting preferred.
• Strong knowledge and understanding of General Liability, Worker's Compensation, Property, and Commercial Auto lines of business.
• Proven track record of successful underwriting and portfolio management in the middle market segment
• Excellent analytical and decision-making skills
• Strong communication, negotiation, and relationship-building abilities
• Ability to work independently and as part of a team in a fast-paced and dynamic environment.

Working with our agency partners is a critical aspect of this role, and we are seeking a candidate who is proactive, resourceful, and customer focused. If you are a results-driven underwriting professional looking for a challenging and rewarding opportunity in the commercial insurance industry, then we want to hear from you.

Candidates that don't meet the above experience/education, may be considered as a Commercial Lines Underwriter or Senior Commercial Lines Underwriter based on their overall experience/skills relevant to the role.

Additional Information:

Hybrid

Salary Range:

$90,000 - $154,000

$57,000 - $90,000

$73,500 - $111,000

The final salary to be paid and position within the internal salary range is reflective of the employee's work experience, their geographic location, education, certification(s), scope and responsibilities in the role, and additional qualifications.

• This position also comes with eligibility for Variable Compensation Bonus plan

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following:

• Medical and Prescription Drug Benefit
• Life Insurance and Disability Benefits
• 401(k) Profit Sharing and Investment Plan(Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
• Health Savings Account (HSA)
• Flexible Spending Accounts
• Tuition Assistance, Training, and Professional Designations
• Company-Paid Family Leave
• Adoption/Surrogacy Assistance Benefit
• Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
• Student Loan Refinancing Services
• Business Travel Accident Insurance
• Matching Gifts program
• Employee Referral Award Program
• Wellness programs
• Personal Insurance Discount

Additional Information:

This position is a full time salaried, exempt (non overtime eligible) position.

Utica National is an Equal Opportunity Employer.

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.