What are the responsibilities and job description for the Commercial Lines Underwriter I 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
Our Commercial Lines Underwriter I is responsible for understanding and applying insurance coverage, rules and guidelines, as well as executing the underwriting decision-making process according to Company underwriting philosophy. Work is performed under general supervision.
Responsibilities
- Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions
- Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use
- Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment
- Analyze loss experience, financial conditions and physical characteristics of risks
- Acquires a working knowledge of supporting sections of the underwriting department
- Effectively communicate with independent agents and other associates through verbal and/or written means
- Participate in and successfully complete the Company underwriter training program
Requirements
- Bachelor’s degree or direct equivalent experience with property/casualty underwriting
- Ability to organize data, multi-task and make decisions independently
- Above average communication skills (written and verbal)
- Ability to write reports and compose correspondence
- Ability to resolve complex issues
- Continually develop product knowledge through participation in approved educational programs
Benefits
Concord Group employees are eligible for a comprehensive total compensation package including but not limited to medical, vison, dental, life, and disability insurance. We offer a generous Paid Time Off Program that includes vacation, personal, sick time and holiday pay. Invest in your future with our competitive 401(k) plan with company match!