Senior Commercial Insurance Production Underwriter, New Business P&C

Beneva, Inc.

$89K — $112K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of commercial Property/Casualty underwriting experience, including senior-level expertise.
  • Strong product knowledge in commercial insurance.
  • Valid driver's license and ability to travel overnight.
  • University/College degree required.
  • FCIP, CIP, or CRM designations are advantageous.

Responsibilities

  • Liaise with brokers through frequent face-to-face visits to generate profitable business.
  • Market the company's Commercial Insurance products through broker presentations.
  • Negotiate insurance premiums and terms, ensuring strong broker relationships.
  • Analyze underwriting results to support profit and growth objectives.
  • Communicate insights and opportunities to the Senior Director of Commercial Insurance.
  • Record underwriting information for evaluation and assessment.
  • Negotiate and process Facultative Reinsurance as needed.

Benefits

  • Opportunity to be part of a collaborative and diverse team.
  • Work within a company committed to growth and profitability.
  • Engage in professional development through training and coaching.
  • A hybrid work option available to enhance work-life balance.
Full Job Description
Official Internal Job Title:
Commercial Insurance Underwriter

Status:
Regular

Job Description:

This is an exciting opportunity for you, an enthusiastic and ambitious individual with a desire to make a significant growth and profit contribution to our Commercial Property Department. Your primary responsibility as a Production Underwriter is to meet or exceed the Commercial growth and profit goals for your assigned brokers.

Vacancy: 1 Permanent

Salary Range: $89,719 - $112,149/year *This represents the expected hiring range and may not represent the full pay range for the position. The salary offered may be higher than the posted range depending on several factors such as relevant skills, qualifications, and experience.

Responsibilities:
  • Liaise between Company and assigned brokers through face-to-face visits at least 3 days a week, and other mediums of contact to produce and underwrite profitable new Commercial Property/Casualty business within service standards in accordance with company guidelines and within assigned authority.
  • Market Unica Commercial Insurance products and services to brokers through presentations.
  • Negotiate premium and terms of insurance while maintaining excellent relationships and service standards.
  • Analyze and evaluate results and use individual/collaborative judgment to maintain profit and growth.
  • Communicate results, outstanding issues, opportunities to Senior Director of Commercial Insurance.
  • Record underwriting information for the purpose of evaluation, assessment, and profitability.
  • Negotiate Facultative Reinsurance and process as required, within assigned authority and maintain facultative closings and certificates.
  • Assist with training and coaching of other staff as required.


Qualifications:
  • Strong product knowledge
  • Valid driver's license. Ability to travel overnight.
  • 8+ years of experience in commercial Property/Casualty underwriting including senior-level experience in this area.
  • University/College degree.
  • FCIP/CIP/CRM designations are an asset.


Interested in a career in a company where collaboration and diversity of expertise are at the forefront? Join our team of over 5,000 caring employees!

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