Commercial Line Underwriter - HYBRID
DB INSURANCE CO., LTD. (U.S. BRANCH) is seeking an experienced Commercial Line Underwriter to join their team. This role involves underwriting and managing a portfolio of Commercial Lines policies while ensuring compliance with company guidelines and regulatory requirements.
Responsibilities
- Underwrite and manage a portfolio of Commercial Lines policies, ensuring compliance with company guidelines and regulatory requirements
- Analyze risk data of prospective insurance applicants to identify hazards and exposures for endorsements and renewals
- Collaborate with the underwriting team to enhance knowledge of insurance processes, operational procedures, and underwriting best practices
- Effectively manage agency relationships to drive growth and profitability
- Work closely with other team members and management to achieve monthly and annual branch goals
- Assess applications to determine whether to accept, modify, or decline accounts in alignment with underwriting guidelines
- Build and maintain strong agency relationships to foster growth and support business development efforts
- Monitor market trends, industry developments, and regulatory changes to adjust underwriting strategies accordingly
- Review data accuracy and prepare monthly closing reports for each product line
Skills
- 1+ years of experience in underwriting CMP, Commercial Auto, Commercial Umbrella, or Worker's Compensation
- Bachelor's degree in Business, Finance, Insurance, or a related field, or equivalent experience
- Strong analytical and decision-making skills, with a solid understanding of underwriting principles
- Excellent communication skills, with the ability to work collaboratively with agents and internal teams
- Ability to collaborate effectively with cross-functional teams to meet goals
- Proficiency in Microsoft Office Suite/Google Workspace applications and underwriting software
- Professional designations such as CPCU (Chartered Property Casualty Underwriter) or AU (Associate in Underwriting) are a plus
- Strong background and specialized experience in Worker's Compensation
Benefits
- Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
- Paid time off and sick leave
- 13 annual paid holidays
- 401(k) plan with up to 4% company match
- Flexible Spending Account (FSA) & Dependent Care FSA
- Quarterly Fringe Benefit reimbursements
- Job-related training reimbursement
- Casual dress code
Company Overview