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Cincinnati Financial

Underwrites property and casualty insurance.

Property and Casualty Field Territory Underwriter

Full-Time
$108k - $182.4k/yr+ Annual cash bonus + Stock incentives
Mid, Senior
Bachelor's
Chicago, IL, USA
RemoteFully remote for territories away from Fairfield, Ohio; regular travel to agencies within the territory is required.
InsuranceUnderwriting

About the job

Requirements
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • Ability to work independently and make sound decisions.
  • Willingness to travel and regularly visit agencies within the territory.
  • Strategic business plan development skills.
  • Passion for leading.
  • Valid driver's license.
  • Bachelor's degree or 5+ years of industry experience.
  • Proven underwriting experience, including a minimum of 2 years of multiline commercial underwriting experience.
Responsibilities
  • Underwrite commercial business by analyzing risks, pricing, negotiating, and making informed decisions.
  • Market and solicit business across all available business units within the territory to build strong, diverse agency relationships.
  • Lead development, ownership, and execution of the territory's strategic plan and enterprise-wide growth and profit, including new agency appointments.
  • Build deep relationships with assigned agencies and understand their needs to develop a diverse, profitable portfolio; consistently be present within agency offices.
  • Partner with and lead other field disciplines within designated agency relationships through communication, support, and collaboration to help ensure their success.
  • Research industry trends, market conditions, emerging risks, and primary competitors, and communicate findings to inform decisions.
Desired Qualifications
  • More than 3 years of multiline commercial underwriting experience.
  • Relevant insurance industry certifications, such as Certified Insurance Counselor (CIC) or Chartered Property Casualty Underwriter (CPCU), or professional selling experience.

About the company

Cincinnati Financial provides property and casualty insurance through The Cincinnati Insurance Companies, distributed by independent agents to reach a broad market. It offers personal lines (homeowners, auto, personal liability) and commercial lines (general liability, property, casualty), plus life insurance, disability income, and annuities through Cincinnati Life. The products work by underwriting policies and investing premiums to generate income; customers pay premiums and receive coverage when incidents occur, while the company earns returns on its investment portfolio. The independent-agent distribution and multi-line product mix help it serve individuals and businesses across a wide range of needs, differentiating it from peers that rely on direct sales or narrower lines. The goal is to provide steady protection and financial security to clients while growing through prudent underwriting and investment management.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Fairfield, OH

Founded

1950

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Simplify's Take

What believers are saying

  • First-quarter 2026 net written premiums rose 7% as 108 agencies joined.
  • Investment income grew 12% in Q2 2026, lifting record book value to $108.64.
  • Pricing discipline sustained 87.8% current accident-year ratio before catastrophes through first-half 2026.

What critics are saying

  • Q2 2026 combined ratio hit 100.8% after $61 million higher catastrophe losses.
  • California wildfire re-underwriting and Ohio convective storms expose earnings to recurring weather shocks.
  • A January 2027 claims chief retirement risks execution during rising severity and social inflation.

What makes Cincinnati Financial unique

  • Independent agents and policy-by-policy underwriting create durable local-market distribution power.
  • 66 straight annual dividend increases signal conservative capital stewardship and long-term discipline.
  • Management doubled net written premiums since 2018 without abandoning underwriting profitability.

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Benefits

  • Paid Vacation
  • 401(k) Company Match
  • Stock Options
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Yahoo Finance
Oct 31st, 2026
Cincinnati Financial beats EPS by 35.6% on $3.03B revenue; analysts probe reserves and expenses

Cincinnati Financial reported third-quarter revenue of $3.03 billion, up 5.4% year on year and in line with analyst estimates of $3.02 billion. Adjusted earnings per share were $2.86, against expectations of $2.11. Operating margin fell to 18.3% from 49.2% a year earlier. Management credited resilient property-casualty operations and prudent reserve management, which offset elevated catastrophe losses. Chief executive officer Steve Spray pointed to "pricing discipline, careful risk selection, and segmentation on a policy-by-policy basis." Analysts asked about commercial lines expenses, growth sources, reserve levels, workers' compensation and commercial auto. Chief financial officer Mike Sewell said the company aims to keep the commercial lines expense ratio under 30%. Shares trade at $184.55, up from $177.31 before the results. Market capitalisation is $27.54 billion.

Yahoo Finance
Oct 26th, 2026
Cincinnati Financial Q3 revenue rises 6.1% to $3.05B, with EPS beating estimates by 35.6%

Cincinnati Financial (NASDAQ:CINF) beat Wall Street's revenue expectations in the third quarter of 2026. Revenue rose 6.1% year on year to $3.05 billion, 0.8% above analysts' consensus estimate of $3.02 billion. Adjusted earnings per share were $2.86, 35.6% above the $2.11 consensus. The combined ratio, a measure of underwriting profitability, came in at 90.9% against an expected 96.1%. Net premiums earned grew 4.8% to $2.69 billion, in line with estimates. Book value per share rose 6.7% to $105.42 but missed the $109.94 consensus. Shares edged up 1.2% to $179.45 after the release. The insurer's market capitalisation is $27.06 billion.

Yahoo Finance
Oct 25th, 2026
Cincinnati Financial at $176.30: 8% undervalued on narrative, but DCF says $139.14

Cincinnati Financial (CINF) is drawing investor attention over its 2.11% dividend yield and 2026 earnings outlook. The stock closed at $176.30, up 9.2% year to date and 94.3% over three years, though down 4.3% in the past 90 days. One narrative puts fair value at $191.67, which implies the shares are 8% undervalued. It cites a 5.08% fixed maturity portfolio yield in the second quarter of 2026, a 12% year-on-year rise in investment income, and record book value of $108.64 per share. A discounted cash flow model reaches a different result, estimating value at $139.14, which would make the stock expensive. Catastrophe losses lifted the property and casualty combined ratio to 100.8%, and personal lines growth slowed to 1%.

Insurance Journal
Sep 2nd, 2026
People moves: Cincinnati Insurance chief claims officer Schambow to retire, mcmillan to assume responsibilities.

People moves: Cincinnati Insurance chief claims officer Schambow to retire, mcmillan to assume responsibilities. September 2, 2026 Cincinnati Financial Corporation announced that Marc J. Schambow, CPCU, AIM, ASLI, chief claims officer for its property casualty subsidiaries, led by The Cincinnati Insurance Company, will retire in January 2027. Schambow has served as Cincinnati's top claims officer since 2020, capping a nearly 40-year career with the company. After serving agents and policyholders as a field claims representative in Wisconsin for nearly a decade, he moved to Ohio as a casualty claims supervisor in 1997. Schambow became the first claims manager for The Cincinnati Specialty Underwriters Insurance Company in 2007 and transitioned to lead the field claims team in 2014. Todd V. McMillan, J.D., will assume executive responsibility for the headquarters and field claims teams upon Schambow's retirement. McMillan is an industry veteran with nearly 30 years of experience, most recently serving as corporate senior vice president, head of liability claims for Safety National Casualty Corporation. McMillan started his career in private practice and then as staff counsel for GEICO before joining The Hartford in 2003 where he held a variety of claims leadership roles of increasing responsibility. As part of this transition, executive oversight of the company's claims operations will transition to Thomas C. Hogan, Esq., chief legal officer. Was this article valuable? Interested in claims? Get automatic alerts for this topic.

INSURASALES
Aug 31st, 2026
INSURASALES

Manufacturer Life Insurance's $14.41M investment in Cincinnati Financial showcases institutional confidence and investment trends in the insurance sector.