Job Description

Job Purpose:

Utilize frontline underwriting and marketing skills to drive profitable surplus lines growth with assigned agency partners. Serve as a liaison between non-admitted underwriting company and agents to bind business on behalf of agents. Operate within the letter of authority of the underwriting company for referral underwriting.

Key responsibilities:

1. Objectively consider information regarding a risk and its exposures and hazards based on information provided.
2. Review new business submissions to be placed with non-admitted carrier within carriers’ underwriting guidelines.
3. Offer coverage for Lines of Business not specifically requested to round-out accounts.
4. Properly apply forms, endorsements, and deductibles to help mitigate risk within carriers’ underwriting guidelines.
5. Provide instruction to Account Specialist for rating and quoting or declination of new business submissions.
6. Follow up on open quotes to increase the quote to bind ratio.
7. Notify agencies of adverse underwriting decisions, additional requirements, and declinations.
8. Review accuracy of information or quality of risk based on inspection reports or claims reports received and recommend appropriate action.
9. Advance knowledge of P&C coverages offered within IIU.
10. Other duties as assigned.

Qualifications & Education Minimum Requirements:

• Associate degree or equivalent business experience.
• Three or more years’ experience in a surplus lines commercial underwriting position.
• Industry specific designation (AINS, AU, CPCU) or the willingness to complete designation within prescribed time period.
• Multi-state underwriting experience preferred.
• Proficient in the use of contemporary business software (Microsoft Suite)
• Occasional travel

Physical Requirements:

• Job conditions may require light lifting, sitting, walking and standing
• May be required to sit at a desk or computer for long periods of time
• Ability to see details of objects at a close range (within a few feet of the observer)
• Ability to make fast, simple, repeated movements of the fingers, hands and wrists

Job Tags

Similar Jobs