Cincinnati Financial Corp

Personal Lines Excess & Surplus - Underwriting Director

Cincinnati Financial Corp$110K — $185K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of personal lines underwriting experience
  • Current property and casualty insurance licensing
  • AINS designation preferred
  • Experience in excess and surplus homeowners' market preferred
  • Familiarity with technology systems in insurance
  • Knowledge of high-net-worth marketplace, particularly in wildfire areas
  • Understanding of ISO coverage forms and language

Responsibilities

  • Manage a high net worth excess & surplus focused territory profitability and growth
  • Assess and provide feedback on team performance
  • Mentor and coach underwriters on risk assessment and communication
  • Manage production meetings and track territory performance
  • Collaborate with field representatives on state and agency issues
  • Communicate and implement change initiatives within the team
  • Solicit agency customer service feedback
  • Develop internal and external relationships to foster teamwork

Benefits

  • Access to ongoing training and development opportunities
  • Annual cash bonus and stock incentives based on performance
  • Supportive environment for relationship building with agents
  • Encouragement of lifelong learning
  • Diverse workforce and inclusive culture
Full Job Description
Build your future with us

Our Personal Lines Excess & Surplus department seeks an underwriting Manager. This role is responsible for managing a team of western zone high net worth excess & surplus underwriters. They will be monitoring risk selection, creating and maintaining business underwriting guidelines, and driving strategic growth objectives. This position is based at our Gilbert, Arizona field office.

The pay range for this position is $110,000 - $185,000 annually. The pay determination is based on the applicant's education, experience, location, knowledge, skills and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Be ready to:

  • manage a Western Zone High Net Worth Excess & Surplus focused territory, including overseeing overall territory profitability and growth, and establishing pricing and appetite including California, Colorado, Arizona, Nevada, Utah, Washington, Montana, Oregon, and Wyoming with complex exposure

    profiles such as wildfire, earthquake, scheduled property homeowners, and high-profile individuals.
  • assess team performance, including conducting performance reviews and giving feedback, tracking goals, measuring performance and handling HR issues
  • mentor underwriters, including coaching, collaborating on risks, providing guidance on decision making and assessing communication skills
  • manage production meetings, including preparing meeting materials, communicating overall territory performance, identifying key state issues, determining agencies to discuss and following up on action items
  • collaborate with field representatives, including communicating regularly regarding overall state/territory issues and specific agency issues
  • manage change, including communicating the reason for the change, supporting change initiatives, implementing changes and monitoring activity to determine if the changes are being executed properly
  • manage agency customer service, including soliciting feedback from agency and field staff
  • develop internal and external relationships, including fostering a teamwork mentality amongst underwriters, coordinating agency travel and establishing regular communication with key agency relationships
  • complete departmental support activities, including participating in special projects and task forces


Be equipped with:

  • the ability to adjust to fast-changing market conditions
  • the ability to develop custom policy language for unique exposures
  • the ability to multitask
  • time management and organization skills
  • the ability to effectively motivate others
  • a keen understanding of agency interaction and use of these systems and underwriting processes
  • well-developed verbal and written communication skills
  • the ability to effectively interact with agents, team members, management, and field marketing representatives


Bring education and experience from:

  • a minimum of five years of personal lines underwriting experience (required)
  • current property and casualty insurance licensing (required)
  • an AINS designation (preferred)
  • experience in the excess and surplus homeowners' market (preferred)
  • a familiarity of our technology systems
  • a knowledge of the high-net-worth marketplace, especially in Wildfire-prone areas\
  • an understanding of Insurance Service Office coverage forms and coverage language
  • experience with our product and coverage advantages and the ability to communicate them to both internal and external audiences


Enhance your talents

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional - all while enjoying a meaningful career.

Enjoy benefits and amenities

Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities.

Embrace a diverse team

As a relationship-based organization, we welcome and value a diverse workforce.

About Cincinnati Financial Corp

Cincinnati Financial Corporation is a property casualty insurance company that primarily operates in the Midwest and Southeastern regions of the United States. The company offers a wide range of insurance products, including personal, commercial, and life insurance. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio. The company has a strong financial position and has consistently paid dividends for over 60 years. Cincinnati Financial Corporation is committed to providing excellent customer service and has received numerous awards for its claims handling and customer satisfaction.
Learn more about Cincinnati Financial Corp
Size
5,166 employees
Market Cap
$16.5 billion
Industry
Net Income
$1.2 billion
Founded
1950
5 Year Trend
+12.1%
Revenue
$7.5 billion
NASDAQ

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