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 be wholly derived from the successful candidate's closed sales transactions. The commission structure varies by scope 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, 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: No Travel Required
Required Education: High school or equivalent
