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Commercial Lines Underwriter

Company:
HUB
Location:
Richmond, VA
Posted:
April 24, 2024
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Description:

About our Company:

Commonwealth Underwriters is part of Monarch E&S, a division of SPG Insurance Solutions (Monarch) is a rapidly growing, and successful property and casualty insurance wholesaler and managing general agency based in Burbank, CA with branches in MA & Florida and Virginia. Monarch sells exclusively to retail agencies across the country with a focus on small to mid-market E&S commercial and specialty personal lines risks.

About the Position:

The ideal candidate for this position will possess excellent customer service skills and serve initially as a renewal and new business producer in a growing commercial lines underwriting/brokerage team. Successful applicants will work with a renewal book of business reviewing underwriting information for rating of pen/binding carriers, preparation of endorsements, and engaging brokerage markets on complex renewal accounts. The successful candidate will be expected to master binding and brokerage carrier systems and appetites and progress to become a production new business underwriter over a period of six to twelve months after employment.

Responsibilities:

Communicate effectively with Binding and Brokerage Carriers to obtain the broadest coverage at the best price, providing the most sellable quotes.

Understanding binding Carrier Underwriting Guidelines to Properly quote business within authority.

Rating and Preparation of quotes with Binding Carriers

Handle incoming calls and emails from retail agents and carriers ensuring the highest level of customer service standards are met, bringing communication to a satisfactory resolution.

Rating endorsements and other documents according to established departmental procedures with accuracy, efficiency, and meeting compliance standards.

Other duties as assigned.

Qualifications:

Proficiency in various Carrier Rating Portals, Microsoft Word, and Excel

High School graduate required; College graduate preferred.

Previous work experience in the fields of insurance, customer service, banking or similar, with a successful track record

Excellent written and verbal communication skills

Ability to work well under pressure to meet tight deadlines in a fast-paced environment.

Strong organization skills, with a high level of detail orientation

Department Account Management & Service

Required Experience: 5-7 years of relevant experience

Required Travel: No Travel Required

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at .

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R0021550

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