Hub International Limited

Underwriter

Hub International Limited$100K — $125K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of commercial insurance underwriting experience, preferably in Property & Casualty.
  • Proficient in Excel and various technology platforms.
  • Strong verbal and written communication skills for relationship building.
  • Attention to detail in underwriting assessments.
  • Grocery and retail experience preferred.

Responsibilities

  • Locate new sales opportunities by visiting existing and new customers.
  • Maintain and grow current profitable business in the designated territory.
  • Present products and services across customer organizations.
  • Establish strong client relationships and preemptively resolve issues.
  • Respond promptly to customer inquiries and requests, both written and verbal.
  • Support company growth through active participation in relevant activities.
  • Analyze and price risks for new and renewal business.

Benefits

  • Health, dental, vision, life, and disability insurance.
  • Flexible spending accounts (FSA) and health savings accounts (HSA).
  • 401(k) retirement plan with company contribution.
  • Paid time off including vacations, sick, personal, and floating holidays.
  • Eligible for annual bonuses and commissions.
Full Job Description

Job Summary:

Insurance Underwriter is responsible for increasing sales by way of existing clients and securing new business customers by providing industry leading customer service, product knowledge and creative problem solving. They are also responsible for profit and loss of their underwriting territory.

Develop proper account pricing based on established company standards and manage an underwriting territory in accordance with company objectives and policies. Evaluate, select, accept, reject, price, and service policies.

Official Title: Underwriter. Accelerated career advancement available. Senior position available.

The ideal candidate should embrace change or consider themselves a change advocate as our company is everchanging and growing;   the candidate will need to know how to respond quickly, whether its industry or technology changes, with a positive outlook.

Overall Responsibilities:

  • Locate new sales opportunities for the company in specified territory by visiting existing and new customers. 

  • Maintain and increase current profitable books of business in specified territory.

  • Present our products and services to various groups within the customer’s organization.

  • Establish and foster client relationships; anticipate and resolve potential problems.

  • Respond to the customers’ needs and follow through on all aspects of request, both written and verbal.

  • Participate in activities needed to support the growth of the company.

  • Analyze, select, and profitably price risks of varying complexity.

  • Determine terms and conditions of coverage on new and renewal business.

  • Provide underwriting proposal and competitive rate recommendations in a timely manner.

  • Maintain underwriting quality.

  • Achieve overall growth and profit objectives.

  • Examine loss notices received by claims and recommend appropriate action.

  • Identify opportunities for underwriting improvement and recommend solutions.

  • Consistently maintain professional and appropriate demeanor.

  • Maintain the highest level of customer service.

  • Maintain awareness of the Supermarket Industry and insurance trends.

  • Build strong, positive agent relationships to promote profitability and growth of new business and the retention of existing business.

  • Develop, strengthen, and maintain agency/company relations through effective personal, verbal, and written forms of communication.

  • Build strong internal team relationships to promote positive team environment.

  • Work cooperatively and productively with others.

  • Able to handle stress and demands of job.

Required Experience:

  • Five (5) years of commercial insurance underwriting experience, preferably in P&C Role.

  • Proficient in excel and various forms of technology.

  • Strong verbal and written communication skills with a focus on building relationships.

  • Attention to detail.

  • Grocery & Retail experience preferred.

Education Requirement:

  • High school diploma required. Associates degree or higher preferred.

Given the responsibilities of this position, HUB is offering a compensation structure of base pay + commission. The expected base pay range for this position is $100,000 to $125,000 annually 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. In addition, this position is eligible for commission, which will bewholly derivedfrom the successful candidate’s closed sales transactions. The commission structure variesbyscope of work and book of business. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floatingholidaysand company holidays. In addition, eligible annual bonuses, equityand commissions may be available for some positions. 

#SPG

Department Underwriting

Required Experience: 5-7 years of relevant experience

Required Travel: No Travel Required

Required Education: High school or equivalent

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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