Commercial Lines Underwriter

UFG is currently hiring for a Commercial Lines Underwriter who will manage a commercial underwriting territory of approximately $6 million - $10 million. The individual in this role will work hard to attain positive results (premium growth and acceptable loss ratios) through sound risk selection, developing strong relationships with agency personnel, and providing a quality product combined with excellent service. Other responsibilities include serving as a resource mentor, approving risks within your authority, and acting as a resource for training needs. 

Responsibilities:

• Underwrite and price new business and renewals by evaluating necessary coverages and determining risk acceptability.
  
  
  
  • Review applications, MVR’s, Experience Mods, Loss experience, risk control reports, credit reports, and company guidelines for risk acceptability
  
  
  • Review applications, endorsement requests and renewals for limits and coverages requested
  
  
  
  


• Solicit new business and develop a pipeline to source submissions


• Develop, analyze, and evaluate information and exposure for moderately complex risks.


• Properly classify and price the risk using analytical pricing tools and resources


• Evaluate change requests. Approve, assign codes and process within underwriting authority


• Provide guidance, mentoring, and coaching to Associate Underwriters and other team members.


• Negotiate with agents on pricing and coverages offered


• Provide best in class service to agency partners with timely and professional service


• Participate in agency visits to solicit new business, discuss renewal accounts or issues, develop successful relationships with agencies and producers


• Manage territory using portfolio management tools and achieve production goals within assigned territory


• Collaborate with Marketing, Risk Control, and other internal partners.


• Special projects as assigned

Qualifications:

Education:

• High school diploma or equivalent degree required; four-year college degree preferred


• Must have or be working toward AU, CIC, or CPCU designation.

Experience:

• 2+ years of commercial lines underwriting experience.

Knowledge, skills & abilities:

• Knowledge of policy administration systems


• Knowledge of the broad range of business generally insured by UFG.


• Risk evaluation skills and solid insurance contract knowledge.


• Strong analytical and negotiating skills.


• Knowledge of agency force and current market environment.


• Strong knowledge of coverages, proprietary Ultra/enhancement endorsements.


• Affinity for detailed accuracy.


• Ability to develop positive relationships with coworkers and agents.


• Strong communication skills, both written and verbal.


• Ability to provide excellent customer service.


• Ability to teach others and monitor their development.

Working Conditions:

• General office environment


• Occasional travel required