A recruitment firm is seeking a Commercial Auto Underwriter based in Hoffman Estates, Illinois. The role involves reviewing and approving new business applications, determining pricing, and managing relationships with brokers. Candidates should possess at least one year of underwriting experience and a bachelor's degree. Strong analytical and communication skills are essential. This position offers a unique opportunity to impact profitability and growth in the insurance sector.
Qualifications
1+ year of Commercial Auto underwriting experience.
Ability to manage multiple priorities independently.
Responsibilities
Review, evaluate, and approve new business applications.
Respond to broker submissions within established timelines.
Determine appropriate pricing using predictive modeling tools.
Deliver competitive quotes and issue policies.
Manage assigned territory and broker relationships.
Skills
Analytical skills
Decision-making skills
Problem-solving skills
Communication skills
Relationship-building skills
Education
Bachelor’s degree or equivalent
Job description
Responsibilities
Independently review, evaluate, and approve new business applications and renewals in alignment with carrier underwriting guidelines, procedures, and delegated authority.
Respond to broker submissions and referrals through the point-of-sale system within established service timelines.
Determine appropriate pricing using predictive modeling tools and approved underwriting deviations in collaboration with underwriting leadership.
Apply advanced rating techniques including loss rating, composite rating, and other non-traditional rating methodologies.
Prepare and deliver competitive quotes, issue policies, and proactively follow up to satisfy outstanding underwriting requirements.
Pre-screen renewal accounts and provide recommendations regarding retention, modification, or non-renewal.
Manage an assigned territory and/or broker relationships with full accountability for profitability and growth results. Analyze performance trends and recommend corrective actions when needed.
Stay informed on industry trends, market conditions, competitor activity, and state regulatory changes impacting commercial auto underwriting.
Maintain and expand technical expertise through professional development, continuing education, and industry involvement.
Collaborate with underwriting, sales, and support teams to achieve departmental goals and deliver strong broker service.
Perform additional duties and special projects as assigned.
Qualifications
Bachelor’s degree or equivalent combination of education and relevant work experience
Minimum of 1 year of Commercial Auto underwriting experience
Strong analytical, decision-making, and problem-solving skills
Ability to work independently while managing multiple priorities
Effective communication and relationship-building skills with brokers and internal partners