[Hiring] Commercial Lines Underwriter @Distinguished Programs

Role Description

You will be a Commercial Lines Underwriter on the Real Estate Umbrella Program team which specializes and serves a variety of real estate such as Condo, Apartments, Retail, Office, and Light Industrial for New Business.

You will be responsible for:

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

Responsibilities include:

• Communicate professionally and effectively with our broker customers and sales staff on new business including midterm servicing, within authority.
• Support the Product Manager with administration and monitoring of underwriting processes, guidelines and applications.
• Evaluate submissions to ensure proper risk selection, premium and coverage.
• Adhere to rating rules with proper file documentation.
• Gather competitor information, market intelligence, and understand trends to identify opportunities for improvements to products and pricing.
• Manage renewal list to maximize policy retention.
• Provide and create solutions for a broad range of inquiries from brokers and team members.
• Monitor data entry and processing to ensure data integrity.
• Communicate with insurance brokers to obtain information needed to underwrite risks, respond to questions and address issues.
• Develop relationships with both external and internal customers.
• Promote teamwork and organizational success, while accepting accountability and ownership, celebrating successes and learning from past mistakes.
• Deliver an exceptional customer experience with every interaction, in all modes of communication.
• Identify opportunities to improve underwriting efficiencies.
• Successfully complete Peer/Self Audits every month.
• Work independently within deadlines while understanding the necessity for communicating and coordinating work efforts with stakeholders.
• Participate 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.
• Must be 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

• INTEGRITY plays a crucial role in the way Distinguished does business.
• INNOVATION enables us to remain an industry trendsetter.
• RELATIONSHIPS with your colleagues, carriers and customers are essential.
• Acceptance and appreciation for diversity and inclusion are at our core.