Risk Strategies Company

Senior Underwriter

Risk Strategies Company$90K — $150K *
US-AnywhereRemote in Ohio, US
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years of experience in Transportation Underwriting within a multi-state, multi-line commercial insurance environment.
  • Experience working remotely from a home office is necessary if not local to the Greater Cleveland area.
  • Strong technical knowledge in Property & Casualty underwriting, focusing on Commercial Auto.
  • Advanced understanding of ISO commercial class codes and CLM rules, forms, and regulatory standards.
  • In-depth knowledge of underwriting and pricing principles for making informed decisions.

Responsibilities

  • Assess and price endorsements, renewals, and new business per underwriting guidelines.
  • Provide timely and courteous customer service for information requests.
  • Prepare and issue policies accurately and on time, delegating tasks as necessary.
  • Communicate underwriting standards and requirements effectively to brokers.
  • Document the underwriting process and decisions in electronic notes.
  • Order and review inspection reports to evaluate risk quality and exposure accuracy.
  • Manage relationships with assigned brokers and agents proactively.

Benefits

  • Flexible remote work arrangement for qualified candidates.
  • Opportunity to work within a supportive team culture under a VP of Transportation.
  • Engagement with a variety of commercial insurance lines, enhancing professional growth.
  • Chance to make marketing calls to increase business and strengthen broker relationships.
  • Visible impact on company performance through underwriting contributions.
Full Job Description

We are looking for a Commercial Auto 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 5 years9 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:

$90,000 - $150,000 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.

About Risk Strategies Company

Risk Strategies is an insurance brokerage and risk management firm that provides a wide range of insurance products and services to businesses and individuals. The company was founded in 1997 and is headquartered in Boston, MA. Risk Strategies has a team of experienced insurance professionals who work with clients to identify and manage their risks, and to develop customized insurance solutions that meet their unique needs. The company has offices throughout the United States and serves clients in a variety of industries, including healthcare, construction, and technology.
Learn more about Risk Strategies Company
Size
2,000 employees
Industry
Net Income
$20 million
Founded
1997
5 Year Trend
+30%
Revenue
$500 million
NASDAQ

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