Underwriter/Senior Underwriter (Hybrid)

Selective Insurance; Trenton (NJ); Hybrid; USD 79,000 - 109,000; Full time

Job summary

A leading company in the insurance sector is seeking an Underwriter/Senior Underwriter to join their hybrid team. You will be responsible for underwriting renewal business, providing guidance to agents and clients, and maintaining compliance with regulatory requirements. Ideal candidates will possess strong communication skills and a background in commercial underwriting.

Benefits

Comprehensive health care plans

Retirement savings plan with company match

Tuition assistance and reimbursement programs

Paid time off plans

Qualifications

• Preferred college degree; at least 3-5 years in commercial underwriting.
• Strong communicator with negotiation skills.
• Valid driver’s license required.

Responsibilities

• Underwrite and process assigned renewal policies.
• Respond to agent inquiries about coverage.
• Develop effective working relationships with clients and peers.

Skills

Written Communication

Verbal Communication

Influencing Skills

Negotiation Skills

Problem Solving

Multi-tasking

Education

College degree preferred

3-5 years of commercial underwriting experience preferred

Completion of INS; AU; or pursuit of CIC; CPCU strongly preferred

Tools

Automated Underwriting Systems

Email Systems

Job description

Join to apply for the Underwriter/Senior Underwriter (Hybrid) role at Selective Insurance

4 days ago Be among the first 25 applicants

Join to apply for the Underwriter/Senior Underwriter (Hybrid) role at Selective Insurance

Get AI-powered advice on this job and more exclusive features.

About Us

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.

About Us

At Selective, we don't just insure uniquely, we employ uniqueness.

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.

Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Overview

Underwrites renewal business, working independently within a letter of authority issued by the Underwriting Manager on assignments of varying complexity, hazard grade and premium. Handles the daily service demands of our agents in support of individual and team goals, with a thorough understanding of coverage, products, underwriting system transactions, and State specific LOB filings. Coaches and mentors new and less experienced peers. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities

• Underwrite and process assigned renewal policies, which includes applying knowledge of coverage forms, rating plans and guidelines in the selection and pricing of individual risks, change requests, and open communication with internal and external customers. Ensure adequate pricing of individual risks through proper classification, Knowledge Management/Predictive Modeling, accuracy of information and adherence to company underwriting standards and philosophy. Refer all accounts outside authority level to the appropriate level.
• Respond to agents' inquiries on coverage and adjust policy information based upon prescribed authority.
• Work within specific level authority to quote, accept, decline, modify and renew risks within territorial assignment in accordance with accepted underwriting guidelines. Work in collaboration with Agents, AMS, team members and other departments to grow and maintain a profitable book of business.
• Provide guidance to internal and external customers regarding various underwriting information. Independently and effectively communicate underwriting decisions and appetite at the individual account and portfolio level to internal and external customers. Reinforce the ease of doing business with Selective by meeting or exceeding customers’ expectations and service quality on a consistent basis.
• Develop and maintain highly effective working relationships with internal and external customers, peers and management. Conduct agency visits. Communicate openly and in a timely fashion. Work diligently to achieve individual and team goals. Support all team decisions.
• Conduct continuous profit and growth analysis by territory and agency as assigned. Monitor premium retention with the use of electronic reporting tools. Increase renewal premium by cross-selling additional coverage, products or value-added services.
• May train less experienced underwriters. Provide CLAS coverage and system training to both internal & external customers. May provide line of business or product expertise to the department.
• Participate in or lead projects and initiatives. Actively support continuous improvement.
• Engage in ongoing development of technical skills and knowledge of Selective's products and services.
• Must have a valid license and be able to drive an automobile to support company travel within territory. Car travel represents less than 5% of employee’s time.
  
  

Qualifications

Knowledge and Requirements

• Highly proficient written and verbal communication skills. Highly effective influencing and negotiation skills. Highly proficient ability to solve problems and make sound decisions. Highly proficient ability to multi-task and manage workflows to meet and exceed production and service expectations. Ability to effectively coach and mentor. Highly effective ability to develop relationships with internal and external customers/peers. Demonstrated proficiency in use of all supplied desktop tools, including the automated underwriting and email systems. Must have valid state-issued driver’s license in good standing.
  
  

Education And Experience

• College degree preferred; 3-5 years of commercial underwriting experience preferred. Completion of INS; AU; or completion or pursuit of CIC; or CPCU strongly preferred.
  
  

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $79,000.00 - USD $109,000.00 /Yr.

Additional Information

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

Referrals increase your chances of interviewing at Selective Insurance by 2x

Sign in to set job alerts for “Senior Underwriter” roles.

Yardley, PA $50,716.00-$77,596.00 3 months ago

New Jersey, United States $110,000.00-$170,500.00 4 months ago

New Jersey, United States $55,300.00-$71,900.00 3 weeks ago

Princeton, NJ $54,080.00-$70,720.00 1 month ago

New Jersey, United States $116,800.00-$198,600.00 1 month ago

Senior GL Underwriting Specialist- Environmental Division

New Jersey, United States $100,000.00-$165,000.00 1 month ago

Hamilton Square, NJ $90,000.00-$120,000.00 1 day ago

Princeton, NJ $95,350.00-$127,125.00 3 weeks ago

North Brunswick, NJ $21.00-$28.00 19 hours ago

Binding Authority Underwriter/Vice President

Princeton, NJ $135,600.00-$226,100.00 2 weeks ago

Hamilton Square, NJ $110,000.00-$135,000.00 1 day ago

Princeton, NJ $182,100.00-$290,300.00 2 weeks ago

Moorestown, NJ $130,000.00-$160,000.00 1 month ago

Hamilton Square, NJ $100,000.00-$125,000.00 1 day ago

Princeton, NJ $155,000.00-$200,000.00 1 week ago

Underwriter Lead - Commercial Insurance - Community Association Underwriters

New Jersey, United States $80,000.00-$110,000.00 1 month ago

New Jersey, United States $120,000.00-$222,000.00 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.