Commercial Lines Package Underwriter

Salary: $ 75,500.00

We have partnered with a large insurance company in the Trenton, NJ area to provide them with a Commercial Lines Package Underwriter. Please review the below description and let us know if you are interested.

Prioritized Must Have Skills for the Commercial Lines Package Underwriter:

#1. Must have Property and Casualty license or be willing to get.

#2. Must be local and able to come into the office three days per week - Tuesday and Wednesday mandatory.

#3. No more than three jobs in the last ten years

Responsibilities of the Commercial Lines Package Underwriter :

Assignment of a local territory to help develop Commercial Package new business opportunities along with Auto, Workers Compensation, and Umbrella.

Identify and capture new business opportunities using consultative marketing and sales skills.

Manage the profitability and growth of an assigned book of business.

Establish and maintain relationships with producers and customers to understand their needs and sell products that respond to their needs.

Partner with the Commercial Sales Team in exceeding business growth, profitability, and retention targets.

Negotiate renewal terms.

Comply with all legal and regulatory requirements to ensure obligations are met.

Assist in mentoring, training, and development of existing underwriting staff.

Participate in department projects and perform other duties as assigned.

Requirements of the Commercial Lines Package Underwriter:

Property & Casualty Agent/Producer License is preferred or must be willing to obtain after hire.

Bachelors degree is preferred.

Middle Market experience.

Typically has a minimum of 5-8 years experience underwriting commercial package accounts.

Extensive knowledge of Commercial Multi-line Package underwriting with a strong focus and thorough knowledge of Property and General Liability assessment, controls, rules, guidelines, pricing, rating, and coverage.

Umbrella underwriting experience required.

Working knowledge of Facultative Reinsurance.

Ability to review coverage requests and independently makes risk decisions based on company appetite, guidelines, risk characteristics and levels of authority. Refers risks as required for additional review.

Maintains thorough knowledge of applicable laws, regulations and governance, target industry and class trends, emerging market needs, issues, and competition as it related to Commercial Package.

May support related product development ideas and intelligence.

Experience developing broker relationships and profitable book of business for assigned local territories.

Service-oriented self-starter possessing an excellent professional demeanor. Accountable for accurate and timely work products.

Strong communication, interpersonal, problem solving and team building skills. Ability to work with sales, loss prevention, premium audit, product development staff and the broker community.

High level of motivation: self-starter, ability to quickly organize materials, prioritize and coordinate tasks.

Must be detail oriented to ensure accuracy and quality of underwriting development.

Strong analytical skills.

Completion of general insurance courses such as CPCU, AU, ARM or CIC are a plus.

Proficient in Microsoft Office Suite, including Word, Excel, and PowerPoint.

Other Key Requirements for the Commercial Lines Package Underwriter:

Hybrid 3 days per week in the office and the ability to work from home 2 days per week.

No sponsorships or visa holders. No Corp-to-Corp.

Benefits of the Commercial Lines Package Underwriter:

Medical Insurance

Dental Insurance

Life Insurance

401 (k) Retirement Plan

#Hybrid

About the Company:

Cyfle is a global business dedicated to connecting talents worldwide. Our comprehensive RPO services, placement services, and training services help businesses unlock their full potential.