Commercial Property & Liability Underwriter

CIBA Insurance Services

$90K — $100K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent; bachelor's degree preferred
  • Property & Casualty (P&C) license required
  • 5+ years of commercial property/casualty experience and knowledge
  • Proficient in Microsoft Office, especially Excel and Adobe
  • Strong relationship-building capabilities with brokers and clients
  • Excellent negotiation and sales skills
  • Effective written and verbal communication skills
  • Strong organizational and time management abilities
  • Analytical and critical problem-solving skills
  • Attention to detail and self-motivated work ethic

Responsibilities

  • Manage a book of business by evaluating submissions and making timely decisions
  • Maintain organized electronic underwriting files per guidelines
  • Respond promptly to broker requests and communicate underwriting decisions
  • Review and evaluate upcoming renewals accurately and timely
  • Issue nonrenewal notices and renewal quotes on schedule
  • Manage existing portfolio of clients
  • Supervise Underwriting Assistant(s) effectively

Benefits

  • Comprehensive medical, dental, vision, and life insurance
  • Flexible spending account (FSA) for healthcare savings
  • 401(k) plan with Roth option and employer-matching contributions
  • Paid meal breaks, holidays, vacation, and sick time
  • Bereavement leave and paid volunteer time offered
  • Career development through training, licensing, and tuition reimbursement
  • Flexible work schedules and telecommuting options available
Full Job Description
Summary:

The Underwriter is primarily responsible for risk selection, analysis, documentation, pricing, and sales of commercial property and liability new business, as well as being responsible for renewal retention and ongoing management of existing portfolio.

Key Job Objectives
  • Manage book of business by evaluating submissions, making decisions consistent with guidelines in a timely manner
  • Maintain complete and well-organized electronic underwriting files according to guidelines
  • Maintaining a good relationship with assigned brokers by responding promptly to requests and clearly communicating underwriting decisions
  • Review and evaluate upcoming renewals in a thorough and timely manner, ensuring that nonrenewal notices and renewal quotes are issued accurately and timely
  • Ongoing management of existing portfolio
  • Effectively supervise Underwriting Assistant(s)


Qualifications:
  • High School diploma or equivalent, bachelor's degree preferred
  • P&C license
  • Five or more years of related experience and working knowledge of commercial property/casualty coverages and services, including technical principles of rating and pricing commercial lines business based upon individual risk criteria to promote underwriting profitability
  • Proficient computer skills, including Intermediate Microsoft Office Suite skills with strong Excel and Adobe knowledge, and database rating
  • Ability to build and maintain strong internal and external business relationships
  • Negotiation and sales skills with the ability to deliver a challenging message
  • Strong written and oral communication skills
  • Excellent organizational and time management skills
  • Analytical and critical problem-solving skills
  • Attention to detail
  • Self-motivated with a strong work ethic
  • $90,000 - $100,000 annually DOE


BENEFITS OFFERED:

HEALTH

CIBA offers a comprehensive benefits package to its employees including medical, dental, vision, and life insurance. We also offer a flexible spending account (FSA) to help our employees save on healthcare expenses.

RETIREMENT

To assist employees with retirement planning, we offer a 401(k) plan with a Roth option and employer-matching contributions.

PAID TIME OFF

We offer paid meal breaks, paid holidays, vacation, and sick time. We also offer bereavement leave to support our employees during difficult times and paid volunteer time.

CAREER DEVELOPMENT

Our training, licensing, and tuition reimbursement programs help our employees grow in their careers. Our flexible work schedules, including telecommuting, allow our employees to balance their work and personal lives.

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