We are looking for an Underwriter to join our team. In this role, you will be responsible for underwriting fidelity and crime policies. Your primary duties will involve assessing and pricing endorsements, renewals, and new business in line with underwriting guidelines. You will conduct comprehensive underwriting workups, including selecting class codes, determining premiums, and choosing appropriate coverage forms. Effective communication with brokers and maintaining accurate documentation are essential aspects of this role.
You will manage and maintain a book of business, ensuring company goals for renewal retention, new business, and profitability are met. Additionally, you will oversee broker and agent relationships, integrate information from various sources into underwriting decisions, and ensure adherence to referral guidelines.
Your Impact:
- Assess and price endorsements, renewals, and new business according to guidelines and authority as outlined in the underwriting manual and as assigned by your manager. Lines of business to underwrite care fidelity and crime
- Provide customer service by responding promptly and courteously to all requests for information
- Ensure timely and accurate preparation and issuance of policies, as identified, and delegated by the manager. This will sometimes require delegation of tasks to an underwriting assistant
- Effectively communicate company standards, mission, underwriting guidelines, and requirements to brokers
- Provide accurate documentation in the file and/or in electronic notes of underwriting thought process
Successful Candidate Will Have:
- Minimum 2 years’ experience as a Underwriter in a multi-state and multi-line commercial insurance environment required
- Strong technical P&C underwriting knowledge and skills, specifically focused on fidelity and crime lines
- Advanced knowledge of ISO commercial class codes and CLM rules, forms, rating, and regulatory requirements
- Strong knowledge of underwriting and pricing principles and the ability to use this knowledge to make underwriting and pricing decisions based on program criteria and strategy
- Results-oriented, self-motivated problem solver with excellent verbal and written communication skills
- Strong computer skills including knowledge of Microsoft Office and Adobe
About One80:
ProSurance Group (PSG), a division of One80 Intermediaries is a managing general agent and program manager which focuses on professional lines coverage. The team provides coverage for clients throughout the financial services industry such as financial planners, investment advisors, insurance agents, security broker/dealers and their registered representatives. In addition to underwriting professional liability, PSG offers fidelity and crime coverages for commercial and financial accounts; and professional/general liability for small businesses in many industries.
One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business. Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2022, Business Insurance ranked One80 as the 5th Largest MGA/Underwriting Manager/Lloyd’s Coverholder, and 5th Largest Underwriting Manager in the country.
At One80 Intermediaries, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings. The total compensation for a position may also include other elements dependent on the position offered. The expected annual range for this position is between $70,000. - $98,000 plus, discretionary bonus. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.
One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.
Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.