Full-Time

Commercial Lines Underwriter

Posted on 11/21/2024

One80 Intermediaries

One80 Intermediaries

Consulting
Fintech
Financial Services

Mid

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Sales
Marketing
Requirements
  • Must have at least 3 years of commercial underwriting experience, ideally with an MGA/Wholesaler.
  • Must have established relationships with retail agents in the Gulf States.
  • Strong sales and marketing skills a must, business acumen, interest in continued education, and professional development.
  • Strong computer skills and ability to work with multi-faceted systems.
  • Demonstrate strong knowledge of UW Concepts, practices, and procedures.
  • Insurance license, CPCU, CIC or comparable designations preferred.
Responsibilities
  • Underwrite / Broker business for insurance companies and partners under general direction of partner and internal guidelines
  • Oversee the evaluation, classification, and rating of risk to determine acceptability, coverage, and pricing
  • Implement underwriting policies under the direction of the Management and ensure compliance with these policies
  • Monitor critical areas, such as loss ratio, costs, retention ratio and new business hit ratio, formulating corrective action where necessary

Company Stage

N/A

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Waypoint enhances underwriting capabilities and broadens product offerings.
  • $1bn financing fuels potential for further acquisitions and organic growth.
  • Expansion into Oregon increases geographical footprint for homeowners' insurance.

What critics are saying

  • Increased competition in specialty insurance may impact One80's market share.
  • Rapid AI advancements could challenge One80's risk management capabilities.
  • Economic uncertainty may reduce demand for certain insurance products.

What makes One80 Intermediaries unique

  • One80 Intermediaries offers unique AI warranty coverage for emerging technology risks.
  • Stella Maris program targets niche watercraft rental insurance market with vQuip OS integration.
  • Non-trucking liability coverage expands One80's reach into logistics and transportation sectors.

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