Sr Commercial Lines Underwriter - Minneapolis, United States - United Fire & Casualty

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    Description
    UFG is currently hiring for a

    Sr. Commercial Lines Underwriter


    to join our team The Senior Commercial Lines Underwriterwill manage a commercial underwriting territory of approximately $8 million - $14 million.

    The individual in this role will work hard to attain positive results (premium growth and acceptable loss ratios) through sound risk selection, developing strong relationships with agency personnel, and providing a quality product combined with excellent service.

    Other responsibilities include serving as a resource mentor, approving risks within your authority, and acting as a resource for training needs.

    This position provides a remote work arrangement, but the candidate should have experience underwriting in Wisconsin or Minnesota.


    Responsibilities:
    Underwrite and price new business and renewals by evaluating necessary coverages and determining risk acceptability.
    Review applications, MVR's, Experience Mods, Loss experience, risk control reports, credit reports, and company guidelines for risk acceptability
    Review applications, endorsement requests and renewals for limits and coverages requested

    Solicit new business and develop a pipeline to source submissions
    Develop, analyze, and evaluate information and exposure for highly complex risks.
    Properly classify and price the risk using analytical pricing tools and resources
    Evaluate change requests. Approve, assign codes and process within underwriting authority
    Provide guidance, mentoring, and coaching to Associate Underwriters, Commercial Lines Underwriters, and other team members.
    Negotiate with agents on pricing and coverages offered
    Provide best in class service to agency partners with timely and professional service
    Participate in agency visits to solicit new business, discuss renewal accounts or issues, develop successful relationships with agencies and producers
    Manage territory using portfolio management tools and achieve production goals within assigned territory
    Collaborate with Marketing as needed to partner on marketing strategy.
    Special projects as assigned


    Qualifications:

    Education:
    High school diploma or equivalent degree required; four-year college degree preferred
    AU, CPCU, CIC, or comparable designations preferred

    Experience:

    5+ years commercial lines underwriting experience, with risk evaluation skills and solid insurance contract knowledge


    Knowledge, skills & abilities:
    Strong analytical thinking
    Strong communication, leadership and negotiating skills
    Strong planning and organization skills with the ability to multi-task; and a willingness to accept challenges and take appropriate risks
    Ability to handle large workload and prioritize to meet deadlines
    Promote a positive and professional image and develop productive relationships with coworkers and agents
    Demonstrate an open-minded, collaborative work style
    Advanced working knowledge of policy administration systems
    Advanced knowledge of the broad range of business insured by UFG.
    Strong risk evaluation skills and solid insurance contract knowledge.
    Knowledge of agency force and current market environment.
    Strong knowledge of coverages, proprietary Ultra/enhancement endorsements.
    Affinity for detailed accuracy.
    Ability to provide excellent customer service.
    Ability to teach others and monitor their development.

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