Hub International Limited

Commercial Lines Underwriter

Hub International Limited$70K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Active Property and Casualty License required
  • Bachelor's degree preferred (equivalent experience considered)
  • 5-7 years in a commercial insurance brokerage or underwriting environment
  • Strong understanding of excess and surplus lines and both admitted and non-admitted markets
  • Established relationships with insurance carriers and markets
  • Proficient in Microsoft Office tools (Word, Excel, Outlook)
  • Exceptional sales management and negotiating skills

Responsibilities

  • Build relationships with independent insurance agencies and brokerages for business opportunities
  • Develop and maintain underwriting relationships with insurance carriers
  • Evaluate business opportunities through underwriting pre-qualification
  • Negotiate market placements for new and renewal business
  • Achieve targeted revenue goals
  • Coordinate resources for specific account objectives
  • Oversee completion of tasks and details in account portfolio
  • Inspire and mentor coworkers through leadership and technical skill

Benefits

  • Comprehensive health, dental, vision, life, and disability insurance
  • Flexible Spending Account (FSA) and Health Savings Account (HSA)
  • 401(k) retirement plan
  • Generous paid-time-off benefits including vacation, sick leave, and company holidays
  • Potential eligibility for annual bonuses, equity, and commissions
Full Job Description
About the Position:

The Commercial Lines Underwriter is responsible for developing, managing, marketing, underwriting, and sustaining profitable business by providing high level technical and sales expertise with commercial insurance coverages for the clients of independent and retail insurance agents and brokerages.

Responsibilities:

  • Builds cooperative and dependable relationships with independent insurance agencies and brokerages to create business placement opportunities.
  • Develops and maintains underwriting and cooperative service relationships with insurance carriers by demonstrating in-depth knowledge of commercial insurance and underwriting guidelines, both in excess and surplus lines and standard markets.
  • Recognizes acceptable business opportunities through underwriting pre-qualification process.
  • Successfully negotiables market placements of new and renewal business.
  • Meets and sustains targeted revenue goals.
  • Coordinates resources to accomplish specific account objectives.
  • Assumes ultimate responsibility for the successful completion of all account tasks and details on account portfolio.
  • Motivates and educates co-workers, blending leadership and technical skills.
  • Is knowledgeable of workplace laws and corporate policies and practices; maintains a fair office work environment.


Education, Work Experience, & Knowledge:

  • Active Property and Casualty License required
  • Ability to travel extensively. Must have and maintain a valid driver's license
  • Bachelor's degree preferred; equivalent experience and knowledge considered
  • Substantial and relevant experience in a commercial insurance brokerage or underwriting environment including wholesale brokerage experience.
  • Demonstrated understanding of commercial insurance coverages and relevant forms for excess and surplus lines, understanding of both admitted and non-admitted markets.
  • Trusted working relationships with carrier and markets.
  • Highest level of customer relations, sales management and negotiating skills to effect profitable results.
  • Highest level of interpersonal skills to facilitate team building and resource management.
  • Proficient in Microsoft Office including Word, Excel, and Outlook


Salary Transparency:

The expected salary range for this position is $70,000-$110,000 and will be impacted by factors such as the successful candidate's skills, experience and working location, as well as the specific position's business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays. In addition, eligible annual bonuses, equity and commissions may be available for some positions.

#SPG

Department Underwriting

Required Experience: 5-7 years of relevant experience

Required Travel: Up to 50%

Required Education: Bachelor's degree (4-year degree)

About Hub International Limited

Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 13,000 employees in offices located throughout North America, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.
Learn more about Hub International Limited
Size
13,000 employees
Industry
Founded
1998

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