Nonprofit Human Services Underwriting Specialist

The Mutual Group; Newark (NJ); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive base salary plus incentive

401(k) with company match up to 6%

Medical, dental and vision plans

Flexible work schedules and hybrid/rem

Educational assistance

Job summary

The Mutual Group is seeking a Commercial Lines Insurance Nonprofit Human Services Underwriting Specialist in New Jersey. You will grow and manage a book of commercial lines, advise other underwriters, and consult at the highest level of underwriting authority.

You will analyze exposures for nonprofit human service organizations and education institutions to determine coverages and premiums that are competitive.

Qualifications

• Bachelor's degree or equivalent work experience.
• 5+ years underwriting all commercial lines (Property, GL, Professional Liability, WC, Crime, Commercial Auto, Umbrella).
• Prefer nonprofit human services and education underwriting experience.
• Excellent written and verbal communication skills.
• Ability to analyze and make decisions in a timely manner; CPCU or similar certification desirable.

Responsibilities

• Grow and manage a book of commercial lines business.
• Advise other underwriters and staff on processes and procedures and authority.
• Analyze exposures and determine coverages and premium that are adequate and competitive.
• Build relationships with agents to drive increased business flow.
• Meet performance indicators and support portfolio health.

Skills

Excellent communication

Analytical decision making

Timely decision making

Education

Bachelor's degree or equivalent

CPCU or industry equivalent

Job description

Job Description

As a Commercial Lines Insurance Nonprofit Human Services Underwriting Specialist, you will be responsible for growing and managing a book of commercial lines business, including responsibility for advising other underwriters and support staff on processes and procedures and consulting at the highest level of technical underwriting authority. You will be analyzing and assessing exposures and acceptable risks for our Nonprofit Human Service Organizations and Education Institutions to determine coverages and premium that are both adequate and competitive. As a Nonprofit Human Services Underwriting Specialist you will build successful relationships with agents to drive increased, positive business flow. You will work under limited supervision and exercises significant independent judgment in performing work. Accounts vary in size, but may include accounts up to $1,000,000 in written premium.

As a Commercial Lines Insurance Nonprofit Human Services Underwriting Specialist, you will be responsible for growing and managing a book of commercial lines business, including responsibility for advising other underwriters and support staff on processes and procedures and consulting at the highest level of technical underwriting authority. You will be analyzing and assessing exposures and acceptable risks for our Nonprofit Human Service Organizations and Education Institutions to determine coverages and premium that are both adequate and competitive. As a Nonprofit Human Services Underwriting Specialist you will build successful relationships with agents to drive increased, positive business flow. You will work under limited supervision and exercises significant independent judgment in performing work. Accounts vary in size, but may include accounts up to $1,000,000 in written premium.

Department

Field Underwriting

Job Description

As a Commercial Lines Insurance Nonprofit Human Services Underwriting Specialist, you will be responsible for growing and managing a book of commercial lines business, including responsibility for advising other underwriters and support staff on processes and procedures and consulting at the highest level of technical underwriting authority. You will be analyzing and assessing exposures and acceptable risks for our Nonprofit Human Service Organizations and Education Institutions to determine coverages and premium that are both adequate and competitive. As a Nonprofit Human Services Underwriting Specialist you will build successful relationships with agents to drive increased, positive business flow. You will work under limited supervision and exercises significant independent judgment in performing work. Accounts vary in size, but may include accounts up to $1,000,000 in written premium.

Work Arrangement

• Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional in‑office days.

Accountabilities

• Delivers profitable outcomes and growing a portfolio of complex niche business through effective risk selection by:
  
  
  
  • Analyzing, selecting and profitably pricing business with prescriptive terms and conditions of coverage.
  
  
  • Examining inspection reports, location, risk, financial and other available tools and reports to identify new or unresolved concerns.
  
  
  • Communicating with Risk Control for inspections, follow ups and service needs for insureds.
  
  
  • Driving corrective action or remediation strategies on renewal accounts.
  
  
  • Underwrite renewals referred by the underwriting assistant as well as renewals over 35K working to achieve required rate changes goals as outlined by management. Discuss and issue nonrenewals as needed.
  
  
  • Escalating referrals, in a timely manner, on accounts that need additional review or approval by higher level underwriters.
  
  
  • Adhering to service expectations and regulatory compliance by the timely release of renewals, non-renewals and conditional notices.
  
  
  
  


• Accountable for achieving key performance indicators of the portfolio including:
  
  
  
  • Developing and furthering successful relationships with distribution partners within the portfolio by:
    
    
    
    • Having regularly scheduled portfolio review calls.
    
    
    • Meeting service standards for quality and timeliness.
    
    
    • Limited travel to distribution partner offices.
    
    
    
    
  
  
  • Coordinating with distribution team to build pipeline, resolve issues, concerns or conflict and oversee change management.
  
  
  • Communicating regularly with portfolio team members on health of assigned agencies and market conditions that could impact the portfolio.
  
  
  • Develop and grow agency relationships through daily interactions and in person visits throughout the year; collaborate with the distribution team on cultivating agency relationships and new business opportunities.
  
  
  
  


• Cultivate a High Performing Culture
  
  
  
  • Superior customer service and business acumen.
  
  
  • Mentoring support staff throughout their career development.
  
  
  • Conduct peer audits.
  
  
  • Assist in the training of new hires and internal promotions by providing continuous mentoring and feedback to foster successful employee development.
  
  
  • Reviewing, mentoring, and approving referrals for lower authority level associates.
  
  
  • Perform other related work as assigned.
  
  
  
  

Qualifications

• Bachelors Degree or equivalent work experience.


• 5+ years underwriting all commercial lines (Commercial Property, General Liability, Professional Liability, Worker's Compensation, Crime, Commercial Auto, Umbrella, etc).


• Prefer Nonprofit Human Services and Education underwriting experience.


• Excellent communication skills both in writing and verbal


• Ability to analyze and make decisions in a timely manner


• Working to obtain or has already CPCU or other industry equivalent

Anticipated Hiring Range

• $90,000 - $130,000 annual base salary depending on experience, qualifications, and geographic location


• $99,000 - $140,000 annual base salary depending on experience, qualifications, and geographic location in CA, CT, MA, NJ, NY, and PA

Benefits

• Competitive base salary plus incentive plans for eligible team members


• 401(K) retirement plan that includes a company match of up to 6% of your eligible salary


• Free basic life and AD&D, long-term disability and short-term disability insurance


• Medical, dental and vision plans to meet your unique healthcare needs


• Wellness incentives


• Generous time off program that includes personal, holiday and volunteer paid time off


• Flexible work schedules and hybrid/remote options for eligible positions


• Educational assistance

Equal Opportunity Employer

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

• Know Your Rights: Workplace Discrimination is Illegal


• Your Rights Under USERRA

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact [e-mail].

Employment Verification

The Mutual Group participates in the E-Verify program and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected from employment discrimination based on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

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