What are the responsibilities and job description for the Associate Underwriter - Commercial Lines position at Concord General Mutual Insurance Company?
A career at Concord Insurance Group is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.
Job Description
Associate Underwriters experience a structured training program designed to incorporate a variety of professional development opportunities including hands-on training, industry specific coursework, mentoring, and job shadowing to gain a strong foundation of industry knowledge to become a Personal Lines Underwriter. Under supervision of mentors and management, Underwriter Trainees underwrite individual insurance applications within guidelines set for the issuance of policies.
Responsibilities
- Utilize underwriting criteria to evaluate individual risk of polices including: physical property evaluations, driving records, financial ratings, and loss experience
- Interact with peers, independent agency representatives, and vendors to collect risk information, explain underwriting policies and procedures, and effectively negotiate coverage terms and conditions
- Develop relationships with internal and external stakeholders and business partners
Requirements
- Associate’s degree required; Bachelor’s degree preferred, or equivalent industry exposure/experience
- Holding or pursuing industry licenses, designations, and certificates is a plus
- Excellent verbal and written communication skills
- Thrive in a team-oriented environment
- Excellent problem-solving skills
- Strong organizational skills
Benefits
Concord Group employees are eligible for benefits including medical, vision, dental, life, and disability insurance, sick time and holiday pay, three weeks’ paid vacation, and a generous 401(k) plan with a company match.