What are the responsibilities and job description for the Commercial Lines Underwriter position at CRC Group?
Job Profile Summary
- Markets, identifies, solicits, and arranges appropriate insurance coverage for clients by accessing markets. Responsibilities includes but not limited to underwriting new and renewal business, approving policy changes, developing staff, maintaining workload, and managing written business up to and including the time of binding according to company guidelines and established procedures. Serves as an intermediary between the agent and the insurance company while effectively providing leadership to a team of underwriters and brokers.
- Job Description
- Job Description
- ESSENTIAL DUTIES AND RESPONSIBILITIES
- Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- 1. Meet or exceed production targets as assigned by management.
- 2. Ensure adherence to carrier underwriting guidelines and policies and procedures
- 3. Mentor and develop staff.
- 4. Develop, maintain and cultivate agent and company relationships.
- 5. Supervise a multi-person team ensuring all pertinent information is communicated.
- 6. Solicit, market, quote, bind and confirm new and existing business.
- 7. Negotiate the best terms and coverages available with accessible markets while properly communicating with all producers regarding submissions and decisions for new or renewal business in a timely manner.
- 8. Approve and disapprove endorsement/property authority requests according to internal and company guidelines.
- 9. Monitor production, hit ratios, renewal retention ratios spread of risks and other production and quality measures to minimize risk and predict future success.
- 10. Monitor accounts to ensure compliance with the firm's policies and procedures.
- 11. Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits performed by markets and our Internal Review Department.
- 12. Maintain necessary licenses to produce business.
- 13. If applicable, monitor call center environment, assuring adequate coverage during peak hours.
QUALIFICATIONS
- Required Qualifications:
- The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- 1. Bachelor's degree or appropriate insurance designation
- 2. Three years of experience in underwriting or brokering E&S insurance products
- 3. Must be licensed in corresponding areas of insurance
- 4. Must be able to understand and analyze necessary components of insurance policies
- 5. Ability to understand the client's needs and have knowledge of the risk profiles associated
- 6. Recognize new trends and developments to the insurance industry and be able to incorporate into strategies
- 7. Must have knowledge and experience in commercial multi-line underwriting and rating
- 8. Ability to develop, foster, and maintain an excellent working relationship with agencies and carriers
- 9. Leadership and team skills
- 10. Maintain current knowledge of the insurance industry
- 11. Good written and verbal skills
- 12. Maintain travel schedule depending on the needs of clients, agents and new business
- 13. Ability to work extended hours when necessary
CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace.
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