Wholesale Internal Underwriting Specialist P&C
Location:
CT - Norwalk, MA - Braintree, MA - Chicopee, MA - Woburn, ME - South Portland, RI - Warwick
Apply nowGeneral Description: Determine whether prospective client accounts can be placed within existing underwriting programs and/or market carrier partners. Identify and arrange for appropriate insurance coverage through accessible brokerage and underwriting markets.
Responsibilities:
- Market, quote, and bind new and renewal business directed to the internal underwriting and/or brokerage team.
- Identify the appropriate market, price, coverage, terms, and conditions for internal clients.
- Identify the need, order, and evaluate additional risk assessment information.
- Evaluate quotes and contract provisions offered by insurance markets. Present pricing and terms.
- Take policy to completion with recommending and binding coverage, invoicing, and policy issuance.
- Develop and maintain relationships with internal resources and existing insurance carriers.
- Build relationships with new insurance carriers.
- Ensure a high degree of accuracy in agency management systems.
- Engage in professional development and relevant industry training.
- Maintain necessary licenses to underwrite business.
- Keep informed about industry information, technology, and trends.
Knowledge, Skills and Abilities:
- 5 years + of Property & Casualty insurance experience.
- 3-5 years of wholesale contract bind underwriting
- College degree preferred. High school diploma or graduate equivalent degree required.
- Working knowledge of Microsoft Office suite of products.
- Ability to meet established performance and revenue targets.
- Ability to provide market intelligence, consultation, and client-specific assistance to inside sales associates.
Physical Demands
Work is performed in a climate-controlled office environment with minimal noise and limited to no exposure to chemicals or toxins. Employees operate office equipment including telephone - headset, computer, computer monitors, keyboard, mouse, copier, scanner, and mail machine. Physical tasks of job include walking, sitting, standing, and bending.
Analysis of Physical Demands:
- Constantly (over 66% of time) work performed requires employees to use repetitive hand motions such as typing, using a keyboard, and sitting at a desk.
- Frequently (34%-66% of time) work performed requires employees to handle and grasp things, walk on normal surfaces, stand, and bend.
- Occasionally (1%-33% of time) work performed requires employees to drive to client appointments, have repetitive foot movements, walk on uneven or slippery surfaces to and from work and occasionally reach outward to grab things and bend.
- Rarely (< than 1 hour per week) work performed requires lifting/carrying items that range from 10-50lbs, pushing/pulling items that range from 10-50lbs, twisting/turning including reaching over shoulder or above head, kneeling or squatting.
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USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.
Salary Range: $100,000 - $125,000 (depends on experience) This is a bonus-eligible position with a target incentive of 10%. Applications accepted through 10/14/2024
Job ID:
28149