Job Description:Our client, a super-regional property and casualty insurance company providing personal insurance, commercial insurance and surety products in all 50 states, is seeking a Commercial Lines Master Field Underwriter. Thisindividual must have a solid technical foundation and will act as a financial underwriting acumen for the company's target segments and lines of business. This underwriterwill manageand servicea profitable renewal book of commercial lines business utilizing the highest level of technical underwriting ability. The Commercial Lines Master Field Underwriter will representthe company among a defined territory of agencies byconducting territory planning, performance analysis and agency management to maximize production, profit and retention. Additionally, the masterunderwriter will leadthe analysis of new business opportunities and drivecollaboration meeting processes with independent agents, coachless experienced field underwriters and mentoragencies. This individualshould reside in Nashville, Knoxvilleor Memphis, Tenn.,and willingto commute someof the time.Responsibilities:
- Underwriteand managea commercial lines book of business for assigned territory.
- Representthe company, buildstrong relationshipsand managethe book of business to attain profit and revenue objectives.
- Actas the key contact for specified agencies, as well as leadagency business planning and account inventory management.
- Buildan account inventory of new businesswell in advance of the expiration date to achieve profit and revenue objectives.
- Coordinatemonthly renewal strategy discussions with underwriting and services teams for individual renewals.
- Discussnew accounts in the pipeline on a consistent basis, review theopportunity and best approach for the accounts, and establishan underwriting relationship with policyholders.
- Underwriteand collaborateon new and renewal commercial lines accounts, pre-qualifycustomers, and leadthe account team to analyze new business opportunities.
- Coordinatecollaboration meetings on large, more complex accounts in accordance with company guidelines.
- Evaluate exposures to loss, determinepricing, and acceptor rejectaccounts based on the company's underwriting guidelines.
- Makerisk acceptability and pricing decisions throughout the policy life cycle.
- Documentunderwriting decisions, as well as maintainsupporting information and data in accordance with audit standards.
- Completethe account summary document and sharea post-mortem on accounts that are not acquired to improve sales acumen and competitive intelligence.
- Review, approveor declineunderwriting authority referrals from junior field underwriters or managers.
- Engagein the state planning process,including the rate review process, state plans and annual projections.
- Serveas the account steward, ensuring all commitments on the account are lived up to and drivestandard scheduled periodic communication with the policyholders.
- Establishand maintaineffective communication regarding underwriting procedures and practices, growth and profit goals, state and territory issues and regulations, industry activity and trends, and agency relations.
- Reviewquality assurance audits, participatein underwriting procedures and practices projects, and submitrecommendations to improve department results, including coverage, pricingor competitive issues.
- Travelusing anassigned fleet vehicle in order to cover assigned territory. This may involve traveling on short notice or other daily driving duties, as needed.
Requirements:
- 8+ years of property and casualty commercial underwriting experience
- Bachelor's degree in business or related discipline
- Valid driver's license and a driving record that conforms to company standards
Benefits:
- Full health benefits including 401(k)
- Company car and ability to make your own schedule
Contact:Tameka M. Roberts(312) ###-####
[email protected]