Senior Underwriting Specialist (VA)

Summit Consulting; Virginia, Northern (IL, KY); Hybrid; USD 107,000 - 147,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401(k) with match

Paid time off & holidays

Commuter benefits

Job summary

SCI Summit Consulting, LLC is seeking an experienced field-based Underwriter in Virginia to drive underwriting decisions and risk assessment for complex commercial policies. You will work with actuaries, agents, and clients to optimize coverage, pricing, and terms while ensuring compliance and high service standards.

The role requires strong leadership, excellent communication, and travel as needed to support our regional footprint across the South, Midwest, and Mid-Atlantic.

Qualifications

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.
• 13+ years of underwriting experience.
• Expert analytical, risk assessment and problem-solving skills.
• Excellent interpersonal and communication skills.

Responsibilities

• Lead underwriting of new and renewal business per guidelines and risk appetite.
• Develop and implement advanced risk assessment models for coverage, pricing, and terms.
• Foster partnerships with actuaries, agents, brokers, and clients for information and guidance.
• Procure and analyze motor vehicle reports, loss history reports, and external inspections to guide decisions.
• Document underwriting decisions and ensure regulatory compliance.
• Evaluate complex renewals and modifications for enhancements and risk mitigation.
• Communicate underwriting strategies to internal teams, agents, and brokers.
• Monitor industry trends, regulatory changes, and market conditions.
• Maintain relationships to generate and retain profitable business.
• Monitor underwriting practices and assist with strategic adjustments.
• May coach staff and participate in talent decisions for direct reports.
• Assist with other duties as assigned.
• Field role in Virginia with remote opportunities.

Job description

Summit provides independent insurance agents and their clients with market-leading workers' comp insurance and elite customer service. We’re growing and currently serve more than 7,000 independent agents and 31,000 policyholders across the South, Midwest, and Mid-Atlantic. Our strength comes from a single-minded focus on workers' comp and a commitment to long-term customer relationships. Summit is who you turn to when you need a specialist who not only knows workers' comp but also gets to know your business and your priorities. Our field team members are located in every state in which we operate. Summit is a member of the Great American Insurance Group where our highest goal is for all employees to feel included, respected, and empowered to perform at their best.

Essential Job Functions and Responsibilities

• Leads the evaluation and underwriting of new and renewal business, ensuring alignment with Company underwriting guidelines and risk appetite.
• Develops and implements advanced risk assessment models to make informed decisions on coverage, pricing, and terms.
• Fosters strategic partnerships with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance.
• Procures and analyzes supplementary reports and screenings, such as motor vehicle reports, loss history reports, and external inspections, to support underwriting decisions.
• Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
• Evaluates complex policy renewals and modifications, identifying opportunities for policy enhancements and risk mitigation.
• Communicates underwriting strategies and decisions effectively to internal teams, agents, and brokers.
• Monitors and shares insights on industry trends, regulatory changes, and market conditions.
• Maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
• Monitors and evaluates underwriting practices, assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
• May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
• Performs other duties as assigned.
• The person hired for this position will work a field role in Virginia. #LI-Remote

Job Requirements

• Education: Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.
• Experience: Generally, a minimum of 13 years of experience in Underwriting or a related field. Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM), or a marketing designation.
• Scope of Job/Qualifications: Performs work under minimal supervision. Works at the highest authority limits on the most complex assignments. Maintains expert knowledge of company policies and industry laws and regulations. Demonstrates expert analytical, risk assessment, and problem-solving skills. Excellent interpersonal and communication skills. Advanced negotiation and decision-making ability. Familiarity with marketing strategies and tools is beneficial. Recognized as the company expert in the field. May serve as the highest point of escalation for decisions regarding risk and coverage.
• Position requires occasional travel.

Company and Compensation

Company: SCI Summit Consulting, LLC

Salary Range: $107,200.00 -$146,800.00

Benefits

• Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement.
• Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.
• Compensation varies by role, level, and location and is influenced by skills, experience, and business needs.
• Excludes seasonal employees and interns.

Additional Information

Summit is who you turn to when you need a specialist who not only knows workers' comp but also gets to know your business and your priorities. You’ll always be able to speak to a real human being. You’ll always receive timely answers you can trust. Insurance agents, policyholders, and injured employees can count on three things: 1) More Access. Our team members are not only masters in the field but they’re easy to reach and highly responsive when you need answers. 2) More Know-how. You’ll get better answers from real experts and industry veterans who know workers' comp, your business, your customers, and your region. 3) More Commitment. You’ll have collaborators who go the extra mile to serve you and who are willing to solve problems that others usually can’t.

Additional Company Details

Summit is a member of Great American Insurance Group and a subsidiary of American Financial Group, Inc (AFG). AFG's common stock is listed and traded on the New York Stock Exchange under the symbol AFG.