[Hiring] New Business Underwriter @Distinguished Programs

Role Description

As a Commercial Lines Underwriter on the Real Estate Umbrella Program team, you will specialize in serving a variety of real estate sectors such as Condo, Apartments, Retail, Office, and Light Industrial for New Business. You will be responsible for:

• Pipeline management, risk selection, qualification, and pricing within program guidelines.
• Working and negotiating directly with brokers and carriers to ensure the accuracy of underwriting information.
• Determining eligibility within program guidelines and ensuring insurance files are well documented.
• Servicing Broker's change requests.

Key responsibilities include:

• Communicating professionally and effectively with broker customers and sales staff on new business, including midterm servicing.
• Supporting the Product Manager with administration and monitoring of underwriting processes, guidelines, and applications.
• Evaluating submissions to ensure proper risk selection, premium, and coverage.
• Adhering to rating rules with proper file documentation.
• Gathering competitor information, market intelligence, and understanding trends to identify opportunities for improvements to products and pricing.
• Managing renewal lists to maximize policy retention.
• Providing and creating solutions for a broad range of inquiries from brokers and team members.
• Monitoring data entry and processing to ensure data integrity.
• Communicating with insurance brokers to obtain information needed to underwrite risks, respond to questions, and address issues.
• Developing relationships with both external and internal customers.
• Promoting teamwork and organizational success, while accepting accountability and ownership.
• Delivering an exceptional customer experience with every interaction.
• Identifying opportunities to improve underwriting efficiencies.
• Successfully completing Peer/Self Audits every month.
• Working independently within deadlines while coordinating with stakeholders.
• Participating in other company projects and new initiatives.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• Minimum 2 years of commercial insurance underwriting experience.
• Commercial Real Estate knowledge and experience preferred.
• Property and Casualty insurance license required (6 months preparation time permitted).
• Analytical and quantitative skills.
• Strong verbal and written communication skills including negotiation skills.
• Self-driven, detail-oriented, and possess strong organizational skills including time-management and prioritization.
• Some travel may be required from time to time for team and broker meetings.

Benefits

• $65,000 - $80,000 base salary plus bonus. Salary commensurate with knowledge, skills, experience, and geographic location.
• Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day).
• Great healthcare coverage including Medical, Vision, and Dental.
• 401k with 4% company match. Immediately 100% vested.
• Life, disability, and supplemental insurance.
• Growth and development opportunities.
• Wellness Benefits including an Employee Assistance Program and Telemedicine.
• Work/Life Balance with generous time off policy including PTO and paid holidays, Summer Hours, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years.

Core Values

Our Core Values define our business. At Distinguished Programs, you will achieve goals focused on the best interest of our customer:

• INTEGRITY: Plays a crucial role in the way Distinguished does business.
• INNOVATION: Enables us to remain an industry trendsetter.
• RELATIONSHIPS: Build connections with colleagues, carriers, and customers.
• ACHIEVE: Work with passion towards success together.