Underwriter Lead - Large Commercial Property

Alliant; Northern (KY); Hybrid; USD 85,000 - 125,000; Full time

Job summary

Alliant is seeking an experienced Underwriting Manager in Kentucky to review, underwrite, and rate broker submissions for new and renewal business, ensuring submissions are complete and compliant.

You will collaborate with Retail Producers and Account Managers to obtain quotes, negotiate pricing, define coverages, determine commissions, and coordinate policy delivery, renewals, and reporting while guiding a team of underwriters and administrative staff.

Qualifications

• Bachelor's degree or equivalent education and experience.
• 8+ years of related work experience in insurance underwriting or supervision.
• Valid Insurance License and ongoing license renewal requirements.
• Driver's License valid in the state of Kentucky.

Responsibilities

• Review and underwrite broker submissions for new and renewal business.
• Ensure completeness and compliance of submissions with guidelines.
• Negotiate pricing and define coverages with carriers.
• Market to carriers to obtain quotes and manage commissions.
• Lead and develop underwriters and administrative staff.
• Coordinate policy delivery, renewals, and reporting.
• Maintain accurate logs, audits, and data integrity.

Skills

Underwriting leadership

Team supervision

Insurance underwriting

Policy rating

Pricing negotiation

Education

Bachelor's degree or equivalent

8+ years of related experience

Valid Insurance License

Driver's License

Tools

Microsoft Office

Job description

SUMMARY

Responsible for reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Retail Producers and Account Managers as needed. Markets to carrier to obtain quotes, negotiate pricing, define coverage's, and determine commissions

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Evaluates new and renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth;
• Manages preparation of program renewal specifications and distribution to markets;
• Participates in all appropriate committees as recognized in managed programs;
• Works with program’s insurance/reinsurance markets to formalize and implement annual business plan;
• Manages renewal expiration lists and creates timelines for renewals;
• Reviews policies and endorsements to identify errors or omissions to ensure agreement with binding order; reviews for discrepancies with application, quote, proposal, and/or binder;
• Orders necessary reports such as credit, location, motor vehicle, and/or inspection reports, as well as building cost estimates;
• Analyzes inspection reports to accept or reject new business;
• Coordinates the preparation of policy delivery with all related documents;
• Issues policies and endorsements; binds coverage and coordinates binders/evidences;
• Technical expert assisting management, staff, producers, carriers and account managers with resolving complex issues;
• Coordinates the preparation and distribution of management reports;
• Maintains and manages coverage bordereaux;
• Manages and delegates work to underwriters, assistant underwriters and administrative staff; monitors to ensure timely and accurate completion;
• Maintains updated logs; submissions, written or lost business;
• Maintains files, historical data and client suspense; conducts follow-ups as appropriate;
• Coordinates underwriting audits;
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
• Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

• Bachelor's Degree or equivalent combination of education and experience
• Eight (8) or more years related work experience, knowledge of insurance industry and prior supervisory experience
• Valid Insurance License
• Must continue to meet requirements for license renewal
• DL NUMBER - Driver License, Valid and in State

SKILLS

• Excellent verbal and written communication skills
• Good customer service skills, including telephone and listening skills
• Good problem solving and time management skills
• Ability to work within a team and to foster teamwork
• Excellent planning, organizational and prioritization skills
• Ability to perform complex mathematical functions
• Proficient in Microsoft Office products