Demo

Commercial Middle Market Underwriter - Hybrid

NJM Insurance Group
Trenton, NJ Full Time
POSTED ON 3/7/2025
AVAILABLE BEFORE 6/7/2025

You work for NJM? That's a great company!" If you're hired, you'll hear it over and over again from friends, family, and neighbors. Why? Because NJM strives consistently to meet the service expectations of its customers. These efforts do not go unnoticed — many policyholders have trusted NJM for decades, and its commonplace for NJM to insure multiple generations of the same business and families.

NJM is a great company for policyholders and for employees. With competitive salaries and attractive benefits, including medical, dental, a generous 401(k) plan, paid time off and more, as well as opportunities for advancement, many employees choose to build their careers at NJM. New Jersey's premier property / casualty insurer and a leading provider of Workers Compensation, Commercial Auto, and personal lines insurance.

This is a very rare and exciting opportunity for a Middle Market Underwriter ( this can be filled as a level II or Senior depending the level of expertise and experience) to come on board with a highly reputable industry leader, to assist with the continued expansion into the Commercial Package marketplace. The ideal candidate would work out of our Commercial Lines headquarters in West Trenton, New Jersey.

This position is Hybrid and has the flexibility to work from home 2 days per week and in the office 2 days once the training period is complete.

Job Responsibilities :

  • Assignment of a local territory to help develop Commercial Package new business opportunities along with Auto, Workers Compensation, and Umbrella.
  • Identify and capture new business opportunities using consultative marketing and sales skills.
  • Manage the profitability and growth of an assigned book of business.
  • Establish and maintain relationships with producers and customers to understand their needs and sell products that respond to their needs.
  • Partner with the Commercial Sales Team in exceeding NJM's business growth, profitability, and retention targets.
  • Negotiate renewal terms.
  • Comply with all legal and regulatory requirements to ensure obligations are met.
  • Assist in mentoring, training, and development of existing underwriting staff. Participate in department projects and perform other duties as assigned.

Required Qualifications and Experience :

  • Property & Casualty Agent / Producer License is preferred or must be willing to obtain after hire.
  • Bachelor's degree is preferred.
  • Middle Market experience is required.
  • Typically has a minimum of 3-7 years' experience underwriting commercial package accounts.
  • Extensive knowledge of Commercial Multi-line Package underwriting with a strong focus and thorough knowledge of Property and General Liability assessment, controls, rules, guidelines, pricing, rating, and coverage.
  • Umbrella underwriting experienced required.
  • Working knowledge of Facultative Reinsurance.
  • Ability to review coverage requests and independently makes risk decisions based on company appetite, guidelines, risk characteristics and levels of authority. Refers risks as required for additional review.
  • Maintains thorough knowledge of applicable laws, regulations and governance, target industry and class trends, emerging market needs, issues, and competition as it related to Commercial Package.
  • May support related product development ideas and intelligence.
  • Experience developing broker relationships and profitable book of business for assigned local territories.
  • Service-oriented self-starter possessing an excellent professional demeanor. Accountable for accurate and timely work products.
  • Strong communication, interpersonal, problem solving and team building skills. Ability to work with sales, loss prevention, premium audit, product development staff and the broker community.
  • High level of motivation : self-starter, ability to quickly organize materials, prioritize and coordinate tasks.
  • Must be detail oriented to ensure accuracy and quality of underwriting development.
  • Strong analytical skills.
  • Completion of general insurance courses such as CPCU, AU, ARM or CIC are a plus.
  • Proficient in Microsoft Office Suite, including Word, Excel, and PowerPoint.
  • The Salary Range for this role is $80,000 - $114,000. Compensation is commensurate with experience and credentials. This role can be filled as a level II or Senior.

    Legal Disclaimer : NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

    Salary : $80,000 - $114,000

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