Senior Associate Underwriter

Burns & Wilcox

$70K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • 3+ years of commercial lines underwriting experience; excess & surplus lines preferred
  • Strong sales and marketing capabilities
  • Insurance license, CPCU, CIC or similar designations preferred
  • Excellent organizational skills and keen attention to detail
  • Commitment to ongoing education and professional development
  • Willingness to travel as needed for client relations

Responsibilities

  • Build and grow a book of business
  • Manage agency relationships and act as the main client contact
  • Create and implement marketing strategies for new and renewal business
  • Rate, quote, and bind risks for complex renewals and new business
  • Submit underwriting referrals to brokerage facilities and management
  • Monitor metrics to improve business performance and retention
  • Lead and develop junior underwriters

Benefits

  • Employer-paid continuing education through Kaufman Institute
  • Comprehensive health benefits: medical, vision, and dental
  • 401K plan with employer matching contributions
  • Generous paid vacation, sick leave, and holidays
  • Access to wellness program
  • Flexible and hybrid work arrangements
Full Job Description
The Commercial Lines Underwriter will have the opportunity to grow a book of business by underwriting new commercial business and increasing renewal business through the cultivation of client relationships.

Responsibilities

  • Build, maintain, and grow a book of business
  • Manage agency relationships and serve as lead client contact
  • Create and execute marketing plans to increase new and renewal business
  • Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
  • Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
  • Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
  • Lead, train, and develop Assistant and Associate Underwriters


Qualifications

  • Bachelor's degree or equivalent combination of education and experience
  • 3+ years of commercial lines underwriting experience required, excess & surplus lines experience preferred
  • Demonstrated proficiency in sales and marketing
  • Insurance license, CPCU, CIC or comparable designations preferred
  • Proven organization skills and ability with a strong attention to detail
  • Interest in continued education and professional development
  • Travel if necessary in order to foster strong client relationships

Benefits:
  • Base compensation for position ranges between $70,000 to $120,000 based on qualifications and sales incentive bonus plan.
  • Employer paid continuing education courses and designations via access to Kaufman Institute
  • Health and welfare benefits including medical, vision and dental
  • 401K with employer match
  • Paid vacation, sick time, and holidays
  • Access to Kaufman Wellness Program
  • Flexible and hybrid work options


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