Hub International Limited

Senior Underwriter, Insurance

Hub International Limited$80K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-8 years of commercial lines underwriting experience preferred.
  • Bachelor's degree or equivalent work experience required.
  • Ongoing education or certifications are favored.
  • Multi-line experience including automobile, general liability, property, inland marine, and Workers' Compensation is necessary.
  • Active Property and Casualty insurance license required, or ability to obtain within 30/60/90 days of hire.

Responsibilities

  • Evaluate new and renewal submissions for risk acceptability within program parameters and guidelines.
  • Research external sources for additional supporting information.
  • Calculate premiums and coverage amounts, recommending program changes.
  • Negotiate terms and conditions with agents and brokers.
  • Service accounts throughout the entire lifecycle from submission to post-bind work.
  • Document exposures, coverages, limits, and pricing while maintaining files to program standards.
  • Build a pipeline of new business and cross-sell other lines.

Benefits

  • Comprehensive health, dental, vision, life, and disability insurance.
  • Flexible spending accounts (FSA) and health savings accounts (HSA).
  • 401(k) with potential company contributions.
  • Paid time off including vacation, sick days, personal leave, and floating holidays.
  • Eligible for annual bonuses, equity, and commissions.
Full Job Description
Job Description

The Underwriting Position: Provides underwriting and marketing support for the SPG Transportation - Moving and Storage Program. The strongest candidates will have a minimum of 4 years of commercial underwriting experience, additional experience preferred.

Scope of Responsibilities:

  • Evaluate new and renewal submissions for risk acceptability within program parameters and company guidelines.
  • Research outside sources for supporting information.
  • Calculate premiums and coverage amounts, and recommend program changes or enhancements.
  • Work within your underwriting authority and refer accounts that fall outside it.
  • Negotiate terms and conditions with agents and brokers.
  • Service accounts through the full lifecycle, from submission to quote to post bind work like endorsements, loss control, post-loss analysis, filings and cancellations.
  • Document exposures, coverages, limits and pricing on each risk, and maintain files to program and company standards.
  • Deliver profitable growth through disciplined pricing and underwriting.
  • Operate independently with minimal day-to-day supervision.
  • Hit production goals on an assigned book.
  • Handle marketing, including in-person and virtual sales calls with agencies and insureds.
  • Build a pipeline of new business and cross-sell other lines.
  • Take on projects or research that support the Moving and Storage program's goals.


Job Requirements
  • 4 to 8 years of commercial lines underwriting experience preferred.
  • Bachelor's degree or equivalent work experience (High School Diploma/GED required)
  • Evidence of ongoing education and / or certifications preferred.
  • Multi-line experience including automobile, general liability, property, inland marine and Workers' Compensation
  • Active Property and Casualty insurance license required, or ability to obtain within 30/60/90 days of hire
  • Travel Required as per assigned book of business. 10% of the time.


Working Conditions:
  • General office conditions: remote, in-office, or hybrid options determined by manager.


Salary:

The expected salary range for this position is $80,000 to $100,000 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 Underwriting

Required Experience: 5-7 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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