Commercial Underwriter - Remote

Overview

The Commercial Underwriter evaluates submitted Commercial applications to determine risk acceptability. They will handle all transactions related to Commercial submissions including the classification of risk used for policy rating. This will also include identification of hazards in high-value commercial exposures in excess of $20 million per location. This person assures that risks meet the FAIR Plan’s eligibility and underwriting requirements by continuous adherence to established underwriting standards.

In Short

• Reviews new business Commercial applications for eligibility and completeness.
• Reviews policy contract language/forms for proper classification and rating.
• Applies knowledge of insurance principles and coverages.
• Uses underwriting tools to guard against adverse risks.
• Identifies and evaluates risks according to underwriting guidelines.
• Responsible for complex underwriting tasks.
• Provides technical assistance and training to customers.
• Monitors inspection reports for compliance and loss prevention.
• Handles renewal referrals for correct rating.
• Evaluates existing procedures for compliance and efficiency.

Requirements

• Bachelor’s Degree preferred.
• 2+ years of Commercial Underwriting experience.
• Knowledge of Commercial Property products and coverages.
• Strong verbal and written communication skills.
• Attention to detail and accuracy.
• Proven decision-making skills.
• Proficient with Computers and Microsoft Office suite.
• Understanding of Commercial Rating principles.

Benefits

• Competitive salary.
• Health and wellness benefits.
• Opportunities for professional development.
• Flexible working arrangements.
• Supportive work environment.