Sr. Organizations Commercial Lines Underwriter - Hybrid or Remote Opportunity

ZipRecruiter; Philadelphia (Philadelphia County); Hybrid; USD 58,000 - 98,000; Full time

Job summary

A leading company in the insurance sector is seeking a Sr. Commercial Underwriter responsible for managing a profitable book of business. The role involves risk assessment, building relationships with agents, and mentoring junior staff. This position offers flexible work arrangements and a competitive salary, complemented by a robust benefits package, including a retirement plan and wellness incentives.

Benefits

401(K) retirement plan with company match

Medical, dental and vision plans

Flexible work schedules and hybrid options

Generous time off program

Educational assistance

Qualifications

• Five years of progressively responsible experience in commercial underwriting.
• Experience writing business for churches or affiliated institutions is preferred.

Responsibilities

• Manage a book of business for profitability and growth.
• Build successful relationships with distribution partners.
• Mentor support staff and conduct peer audits.

Skills

Analytical skills

Negotiation skills

Problem-solving

Communication skills

Customer service

Education

Bachelor’s degree in business administration, finance or related field

Insurance designation (CPCU, IIA, etc.)

Tools

Microsoft Excel

Job description

Job DescriptionJob Description

As a Sr. Commercial Underwriter, you are responsible for managing a book of business for profitability and growth. You will review both new and/or renewal business, assess risk of coverage, prepare quotes and respond to coverage questions, within the assigned authority level. In this role you will also build successful relationships with agents to drive increased, positive business flow. To be successful in this role you will work under limited supervision and exercise significant independent judgement in performing work. Based on location and requirements of the role, this position will either be a hybrid or a remote position.

Accountabilities:

• Delivers profitable outcomes on less 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
  • 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 voice of the customer guidelines
    • Limited travel to distribution partner offices
• Consistently meeting our voice of the customer standards
• Coordinating with distribution team to building 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

Cultivate a High Performing Culture

• Superior customer service and business acumen
• Mentoring support staff throughout their career development.
• Conduct peer audits and approve underwriting decisions (LOAs) for lower authority levels.
• 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.

Required Qualifications:

• Bachelor’s degree in business administration, finance or related field of study .
• Holding or working towards an insurance designation (CPCU, IIA, etc.).
• Five years of progressively responsible experience in commercial underwriting, including one to three years in a property and casualty insurance company.
• Experience writing business for churches or affiliated institutions .

Recommended Qualifications:

• Broad knowledge of common terms, practices, processes and regulations in the P&C insurance industry.
• An ability to consistently apply advanced underwriting concepts and practices within the P&C underwriting field.
• Adept at applying negotiating skills, reasonableness and exercising sound judgment in analysis and decision making processes.
• Ability to convey clear & concise information to others utilizing excellent verbal and written communication skills.
• Advanced analytical, problem-solving and decision-making skills.
• Strong customer service .
• Advanced knowledge of Microsoft products including a strong foundation in Excel (pivot tables, vlookups, etc.) for the purpose of strategic analysis.
• Strong attention to numeric and other details.
• Strong customer service .
• Organizational skills and ability to manage large work volume and meet tight deadlines.

Compensation:

• $58,800 - $98,000 commensurate with experience, plus bonus eligibility
• $64,800 - $108,000 commensurate with experience in CA, CT, MA, NJ, NY, and PA, plus bonus eligibility

Benefits:

We are proud to offer a robust benefits suite that includes:

• 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 and short-term 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

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