Middle-Market Commercial Underrwriting Specialist

Description

Summary

Evaluates New and Renewal Business for the Middle Market Commercial Insurance Unit. Promotes growth of middle market accounts in their assigned territory. Underwrites and accepts profitable larger accounts on behalf of the Company. Ensures the quality of assigned book of business and provides technical support to the agents within their assigned territory.

Essential Job Functions

Re-evaluates existing business to determine continued acceptability and modifies coverage and/or pricing, as appropriate, to assure continued profitability of the book.

Evaluates and makes appropriate underwriting decisions on new business determining quality of risks, their acceptability, and proper rating for assigned lines of coverage; orders, reviews, and takes action on investigation reports.

Evaluates quality of middle market books of business for assigned agents, makes recommendations for corrective action to Team Manager, Home Office Underwriting and or Home Office Product Management.

Determines coverage to be extended and endorsements or policy forms to be used.

Assists and consults team members in regards to procedure, philosophy and underwriting judgment.

Travels to assigned agencies and selected district meetings to solicit and help with production of new middle market business. Accompanies Loss Control representatives to selected accounts where necessary.

Provides technical assistance to internal and external customers regarding coverage interpretations, policy and endorsement provisions and underwriting acceptability for Commercial Lines of insurance.

Maintains and processes all work in priority order.

Understands and adheres to assigned Underwriting Authority and refers risks to higher authority as appropriate

Promotes safety at all times and complies with safety/ergonomic standards as outlined in relevant company published manuals.

Performs other duties as assigned.

Physical Demands

Physical Actions

Required job duties are essentially sedentary work consisting of occasional walking, standing, and lifting and/or carrying 10 lbs. Viewing CRT's, reading written materials, speaking on the phone and in person, use of CRT keyboard.

Physical Environment

Required job duties are normally performed in a climate controlled office environment with some exposure to uncontrolled conditions when visiting clients and traveling.

Education Requirements

Four-year degree and attainment of, or actively pursuing, CPCU designation.

Experience and Special Skills Requirements

Experience Requirements

Seven years underwriting experience, including three years as a Middle Market Underwriting Specialist. Good oral and written communication, organizational and time management skills.

Special Skills Requirements

Ratemaking and has a sound working knowledge of loss rating mechanisms. Strong technical knowledge in policy forms and coverages, markets, wind pool and other CAT exposures, state and federal rules and requirements, large risk pricing techniques, and reinsurance.