Hub International Limited

Production Underwriter

Hub International Limited$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 3 years of commercial lines and/or marine underwriting experience
  • Must obtain and maintain an insurance license
  • Demonstrated oral and written communication skills
  • Strong negotiation, analytical, and decision-making skills
  • Ability to thrive in a team environment
  • Detail-oriented with strong organizational skills
  • Proficient in Microsoft Office Suite and Outlook

Responsibilities

  • Prepare and present new business and renewal quotes
  • Collaborate with Producers to develop business strategies
  • Maintain knowledge of authority limits from all carriers
  • Assist with complex claims processing and policy changes
  • Enhance and maintain underwriting methods and techniques
  • Process new business, endorsements, and renewals
  • Assist in developing new products and applications
  • Prepare monthly management reports on quoted and bound accounts

Benefits

  • Comprehensive health/dental/vision insurance
  • Life and disability insurance
  • Flexible Spending Account (FSA)
  • Health Savings Account (HSA)
  • 401(k) retirement plan
  • Paid time off, including vacation and sick days
  • Eligible for annual bonuses, equity, and commissions
Full Job Description

POSITION SUMMARY:

The Underwriter (Commercial Lines) works with Producers to maintain synergy between NAMU, the carriers and the clients.  Working under moderate supervision, contributes to the growth and profitability of assigned specialty product line(s) through marketing, underwriting and managing of products and services of moderate risks. The Underwriter provides the highest quality of professional service to every customer.  This includes answering questions, providing professional information and enhancing existing policies. Some risks may require special handling or unusual coverage.

RESPONSIBILITIES:

  • Prepares/presents new business and renewal quotations

  • Collaborates with Producers to develop business strategies and best practices

  • Maintains knowledge of various authority limits provided by all carriers

  • Assists with escalated or complex claims processing issues, policy changes, questions, etc.

  • Assist in developing, enhancing and maintaining underwriting methods and techniques

  • Process new business, endorsements, renewals

  • Assist management in the development of  new products and applications, as needed

  • Prepare monthly reports for management reflecting quoted, bound and non renewed accounts

  • Process all assigned work accurately and within guidelines

  • Other related responsibilities, as needed

FACTORS FOR SUCCESS:

  • Minimum 3 years commercial lines and/or marine underwriting experience

  • Must obtain and maintain insurance license

  • Demonstrated oral and written communications skills.

  • Strong negotiation, analytical, and decision making skills

  • The ability to work in a team environment

  • Must be detailed oriented, well organized and have the ability to manage a high volume workload with competing demands

  • Demonstrated computer proficiency – Microsoft Office Suite, Outlook, etc.

SALARY TRANSPARENCY:

The expected salary range for this position is $100,000 to $120,000 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 Sales

Required Experience: 2-5 years of relevant experience

Required Travel: Up to 25%

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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