We are looking for a Senior Commercial Underwriter to join our team. This role reports to the VP of Transportation and involves performing risk selection and pricing on endorsements, renewals, and new business within the guidelines and authority established between MGU and various contracted carriers. The Commercial Transportation Underwriter reviews new business and renewal quotes before issuance and may make marketing calls to brokers and agents as needed. This position requires creativity, multitasking skills, and adherence to division goals and culture.
Your Impact:- Assess and price endorsements, renewals, and new business according to guidelines and authority as outlined in the underwriting manual and as assigned by their manager. Lines of business to underwrite include general liability, auto liability (incl. HNO), physical damage, umbrella/excess, property, crime, motor truck cargo, contingent auto, and cargo
- Provide customer service by responding promptly and courteously to all requests for information
- Ensure timely and accurate preparation and issuance of policies, as identified and delegated by the manager. This will sometimes require delegation of tasks to an underwriting assistant
- Effectively communicate company standards, mission, underwriting guidelines, and requirements to brokers
- Provide accurate documentation in the file and/or in electronic notes of underwriting thought process
- Order/review inspection reports to assess risk quality and to confirm exposure base accuracy, as assigned by manager
- Actively manage relationships with assigned brokers and agents
Successful Candidate Will Have:- Minimum 7 years' experience as a Transportation Underwriter in a multi-state and multi-line commercial insurance environment required
- Prior experience working remotely from a home office 100% of the time is required, should applicant not be local to the Greater Cleveland area and/or not able to commute daily to local office
- Strong technical P&C underwriting knowledge and skills, specifically focused on Commercial Auto
- Advanced knowledge of ISO commercial class codes and CLM rules, forms, rating and regulatory requirements
- Very strong knowledge of underwriting and pricing principles and the ability to use this knowledge to make underwriting and pricing decisions based on program criteria and strategy
Pay Range:$70,000 - $120,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.
