Merchants Insurance Group

Program Underwriter

Merchants Insurance Group$85K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree or equivalent work experience.
  • 4+ years' experience in underwriting commercial lines or product development.
  • Strong background in commercial lines underwriting and execution practices.
  • Ability to underwrite and manage assigned accounts effectively.
  • Excellent verbal and written communication skills for team collaboration.
  • Property and Casualty insurance coursework (e.g., CPCU) is a plus.
  • Proficient in Excel and Word.

Responsibilities

  • Cultivate relationships with Managing General Agents and internal staff for optimal outcomes.
  • Direct and monitor activities of assigned Managing General Agents to ensure compliance.
  • Assist with program development for Corporate Programs alongside Senior Management.
  • Manage commercial loss ratio and production goals for assigned agencies.

Benefits

  • Welcoming and positive work environment.
  • Colleague appreciation events.
  • Flexible work arrangements, including flex scheduling and summer hours.
  • Hybrid work schedule with 2 days in office.
  • Company bonus program.
  • Generous paid time off package.
  • Comprehensive benefits including health, dental, and vision insurance.
  • 401(k) with 100% employer match up to 6% of contributions.
  • Immediate 100% vesting in employer match dollars.
  • Tuition reimbursement.
Full Job Description
Program Underwriter

Hybrid Work Schedule

Buffalo, New York

The Program Underwriter will become part of a dedicated corporate program underwriting team, collaborating with our agency partners to deliver professional service that achieves the most optimal outcomes for our policyholders, and profitable growth for Merchants and our Agency Partners.

We offer a hybrid work schedule, requiring two full days per week in the office, with flexibility to work remotely or in office the remaining days. This model supports collaboration while providing flexibility and work-life balance.

Essential Duties and Responsibilities include, but are not limited to:
  • Cultivating solid relationships with Managing General Agents and internal staff while working towards achieving the most optimal outcomes for Merchants and our policyholders.
  • Directs and monitors the activities of the assigned Managing General Agents to ensure adherence to corporate underwriting policy and service standards.
  • Assists with program development for all Corporate Programs while working with Senior Corporate Programs Manager and Program Analyst as required.
  • Responsible for the commercial loss ratio and production goals of assigned agencies.

Qualifications & Skills:
  • Qualified candidates will have a 4 year degree or equivalent work related experience.
  • 4+ years' experience underwriting commercial lines accounts and/or product development experience.
  • Strong background in commercial lines underwriting or product development execution and practices.
  • Demonstrate the ability to underwrite and manage the assigned accounts.
  • Excellent verbal and written communication skills and must be able to operate in a team environment.
  • Property and Casualty insurance related coursework is a plus i.e. CPCU.
  • Must have good computer skills, specifically Excel and Word.


Merchants Insurance Group Pay information:

Merchants Insurance Group offers a competitive pay scale. The estimated salary for this role ranges from $85,000 - $120,000 based on leveling and geography, along with an equity component and a comprehensive benefits package. This range is merely an estimate; actual compensation may deviate from this range based on skills, experience and qualifications.

Merchants Insurance Group Benefits:
  • Welcoming and positive work environment.
  • Colleague Appreciation events.
  • Flexible work arrangements, including flex scheduling and summer hours.
  • Hybrid work schedule. The Hybrid work schedule will require two full days per week in the office, with the option of working the remaining days per week at home or in the office.
  • Competitive pay scale.
  • Company bonus program.
  • Generous paid time off package.
  • Full Benefits: Health, Dental, Vision, Life Insurance, Short Term Disability, 401(k) employer match amount is 100% up to 6% of your annual contributions. You are immediately 100% vested in the employer match dollars.
  • Tuition Reimbursement.

And many more exciting company benefits!!

About Merchants Insurance Group

Merchants Insurance Group is a regional property and casualty insurance company that provides a range of insurance products and services to individuals and businesses in the Northeastern United States. The company was founded in 1918 and is headquartered in Buffalo, New York. Merchants Insurance Group offers a variety of insurance products, including personal auto, homeowners, and umbrella insurance, as well as commercial auto, property, and liability insurance. The company is committed to providing high-quality insurance products and exceptional customer service to its policyholders.
Learn more about Merchants Insurance Group

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