Truist Financial

Underwriting Team Lead

Truist Financial$70K — $120K *
US-AnywhereRemote in Fresno, CA
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent insurance designation
  • 3+ years of experience in underwriting or brokering E&S insurance
  • Licensed in relevant insurance areas
  • Strong understanding of insurance policy components
  • Ability to analyze client needs and risk profiles
  • Knowledge of trends and developments in the insurance industry
  • Experience in commercial multi-line underwriting and rating
  • Proficient in building relationships with agencies and carriers

Responsibilities

  • Meet or exceed production targets set by management
  • Ensure compliance with underwriting guidelines and procedures
  • Mentor and develop underwriting staff
  • Cultivate relationships with agents and insurance companies
  • Supervise a team and facilitate communication of pertinent information
  • Market and bind new and existing insurance business
  • Negotiate favorable terms and coverages with insurance markets
  • Monitor production metrics and compliance with firm policies

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Life and disability insurance
  • 401(k) plan with company matching
  • Generous paid time off including vacation and sick days
  • New parent leave and company holidays
  • Opportunity for restricted stock units and deferred compensation plan
  • Support for physical, emotional, financial, social, and professional well-being
Full Job Description
Markets, identifies, solicits, and arranges appropriate insurance coverage for clients by accessing markets. Responsibilities includes but not limited to underwriting new and renewal business, approving policy changes, developing staff, maintaining workload, and managing written business up to and including the time of binding according to company guidelines and established procedures. Serves as an intermediary between the agent and the insurance company while effectively providing leadership to a team of underwriters and brokers. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Meet or exceed production targets as assigned by management. 2. Ensure adherence to carrier underwriting guidelines and policies and procedures 3. Mentor and develop staff. 4. Develop, maintain and cultivate agent and company relationships. 5. Supervise a multi-person team ensuring all pertinent information is communicated. 6. Solicit, market, quote, bind and confirm new and existing business. 7. Negotiate the best terms and coverages available with accessible markets while properly communicating with all producers regarding submissions and decisions for new or renewal business in a timely manner. 8. Approve and disapprove endorsement/property authority requests according to internal and company guidelines. 9. Monitor production, hit ratios, renewal retention ratios spread of risks and other production and quality measures to minimize risk and predict future success. 10. Monitor accounts to ensure compliance with the firm's policies and procedures. 11. Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits performed by markets and our Internal Review Department. 12. Maintain necessary licenses to produce business. 13. If applicable, monitor call center environment, assuring adequate coverage during peak hours. QUALIFICATIONS Required Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Bachelor's degree or appropriate insurance designation 2. Three years of experience in underwriting or brokering E&S insurance products 3. Must be licensed in corresponding areas of insurance 4. Must be able to understand and analyze necessary components of insurance policies 5. Ability to understand the client's needs and have knowledge of the risk profiles associated 6. Recognize new trends and developments to the insurance industry and be able to incorporate into strategies 7. Must have knowledge and experience in commercial multi-line underwriting and rating 8. Ability to develop, foster, and maintain an excellent working relationship with agencies and carriers 9. Leadership and team skills 10. Maintain current knowledge of the insurance industry 11. Good written and verbal skills 12. Maintain travel schedule depending on the needs of clients, agents and new business 13. Ability to work extended hours when necessary The annual base salary for this position is $70,000 - $120,000. General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being - physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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