Senior Commercial Renewal Underwriter

JOB DESCRIPTION

Summary

As a Senior Insurance Property and Casualty Underwriter, you will play a critical role in the underwriting support process for renewal business applications and new business opportunities within the small to mid-market segment.

You will leverage your extensive knowledge of commercial insurance products-including auto, property, general liability, workers' compensation, and Excess/Umbrella to assess risk, develop competitive pricing, and lead underwriting initiatives.

This position entails mentoring junior underwriters, collaborating cross-functionally, and contributing to strategic decision-making in underwriting policies.

Key Responsibilities


* Oversee and manage the underwriting process for complex commercial accounts, ensuring adherence to company guidelines while assessing risk and exposure for auto, property, general liability, workers' compensation, and Excess/Umbrella.


* Utilize advanced analytical skills to evaluate risk factors, loss history, and market trends to make informed underwriting decisions that align with the organization's Industry Practice strategic goals.


* Develop and maintain relationships with brokers and agents, offering exceptional service and acting as a key point of contact for underwriting inquiries.


* Provide mentorship and guidance to junior underwriters; facilitate training sessions and knowledge sharing to enhance team capabilities.


* Participate in the development and refinement of underwriting policies, processes, and pricing strategies based on industry trends and company objectives.


* Collaborate with cross-functional teams, including claims, risk management, and product development, to improve service delivery and enhance client satisfaction.


* Actively engage in business development initiatives, identifying opportunities for growth within existing portfolios and contributing to new business efforts.


* Monitor regulatory changes and industry best practices, ensuring compliance and alignment with current standards in underwriting practices.


* Prepare and present detailed reports on underwriting performance metrics and market analysis to senior management, aiding in strategic decision-making.

QUALIFICATIONS



* Minimum 3-5 years of commercial P&C underwriting experience


* In-depth knowledge of commercial insurance products, including but not limited to auto, property, general liability, workers compensation, and Excess/Umbrella.


* Proven track record in risk assessment, pricing strategies, and developing underwriting guidelines.


* Exceptional analytical and problem-solving skills, with the ability to interpret complex data sets and make sound decisions.


* Strong negotiation skills coupled with superior communication and interpersonal abilities to effectively relate with brokers, agents, and clients.

Education: Bachelor's degree or equivalent experience

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