Role Description
The Senior Underwriter for Northeast National Brokerage (NNB) will review applications for petroleum distribution insurance and evaluate applications to determine whether to accept or decline coverage based on established underwriting guidelines. Responsibilities include:
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Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
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Use level of authority to accept, reject, or mitigate risk for applications.
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Approve or decline insurance applications within certain limits and issue coverage.
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Review and analyze risk characteristics on insurance applications, renewals, and change requests for distribution of all classes of fuel.
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Ensure that underwriting activities comply with all industry and government regulations.
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Document underwriting files including risk analysis and pricing justification.
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Offer recommendations to clients on insurance applications to reduce exposure to excessive risk.
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Utilize underwriting guidelines, rules, standards, and levels of authority to determine appropriate premiums, limits, and coverages.
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Cultivate relationships with assigned producers to achieve production goals.
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Collaborate closely with the underwriting team to finalize insurance applications efficiently.
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Utilize multiple databases to gather and verify supplementary data for submissions.
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Respond to customer needs, providing guidance and assistance tailored to their insurance needs.
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Process accounts from approved quotes through to policy issuance with accuracy and efficiency.
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Recommend ideas for program development and process improvement.
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Assist in the development of the Underwriting team through sharing knowledge and market intelligence.
Qualifications
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Bachelorβs degree required.
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Minimum 5 years of commercial P&C underwriting or related insurance experience required.
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Experience underwriting commercial E&S policies required.
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Experience underwriting excess petroleum policies strongly preferred.
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Experience working for an MGA preferred.
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Experience using Vertafore, AIM and ImageRight a plus.
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CPCU, Property & Casualty Brokers License, etc. a plus.
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Strong customer service experience.
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Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software.
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Ability to work collaboratively with team members and other departments.
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Strong desire to learn, explore new ideas, and seek out new knowledge.
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Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities.
Requirements
This role also offers bonus pay. Your ISC Talent Acquisition representative will share more details about the bonus component should you advance in the interview process.
The starting annual pay scale for this position is listed below. Actual starting pay will be based on factors such as skills, qualifications, training, and experience.
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National Pay Range: $93,000 - $116,000 USD
Benefits
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Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows.
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Professional development opportunities.
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Owner Referral Program.
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Work from home reimbursement for remote/hybrid roles.
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Canary emergency financial assistance program.
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Comprehensive medical, dental, vision.
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Life/AD&D Insurance.
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Confidential, Employee Assistance Program.
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Health Savings Account, includes company contribution.
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Short-term disability.
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Voluntary benefits - supplemental accident, critical illness, hospital insurance.
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Employee discounts.
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401(k) Plan with company match contribution.
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Addition Wealth Financial Wellness Program.
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Various Time Off Programs.
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11 company paid holidays.