David Loveless - Commercial Underwriter
Resume:
David Loveless, CIC
Keller, Texas 76248
Home Phone 817-***-****
Cell Phone 817-***-****
email **********@***.***
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OBJECTIVE:
Secure a Commercial Underwriting Position where my sales, negotiating, and analytical skills may be fully utilized.
QUALIFICATIONS
Production underwriting experience in all property casualty lines with particular strengths in Packages Inland Marine Property, Mono Line General Liability, Standard Umbrellas, and Builder's Risk.
EDUCATION
Bachelor of Business Administration, Baylor University
INSURANCE EDUCATION
Completed CIC
Completed Six CPCU Courses
ACCOMPLISHMENTS IRM/Programs Plus: recognized that there was not a program to bring a new agent on line, passing them to underwriting, and bringing in new business. I proposed that within three weeks the underwriter and the production rep should visit, introduce the underwriter, and go over product needs. As a result of my suggestion a five-point action plan was developed. 1. Upon signing up a new agent the production dept sends an email to the underwriter.
2. The underwriter sends an introduction letter
3. The underwriter and production rep schedules a visit with three weeks to meet agency personnel.
4. In the visit the key agency staff was introduced to what we needed.
5. Timely follow-ups made to see if submissions were flowing in.
IRM/Programs Plus: At the end of 2006 market softened dramatically resulting in significant pricing pressure. At the same time Programs Plus made a decision that the book of frame apartments and motels were under insured at an average $52 a square foot and a decision was made to increase the ITV standard to $65. At a time when the market pricing 30% and the ITV standards increased from $53 to $65 I was able to renew IRM/Program Plus: In a production meeting we were going over how, as an 92% of my renewal book.
IRM/Programs Plus: Underwriting department we could bring in more business. I brought up the procedure that I was using to check last year's production records and review our failed quotes, both new and renewal and approached the agent to see if we could have a chance to quote them again. That was recognized as a good idea and was adopted as a department procedure.
Great American: When I went to work for Great American I had several good relationships with agents in the East Texas area. By the time I had been there 18 months I had appointed five agents in East Texas, Bosworth, Brownrigg, Threlkeld, Gans and Smith, and Offenhauser. The following two years they added $1,000,000 to our book of business.
CNA Insurance: in addition to handling a full territory of commercial risks was designated as the Dallas Branch's Referral Underwriter for Inland Marine Business and attained the second highest underwriting title, Underwriting Specialist.
EMPLOYMENT
2003-June 2007 Senior Underwriter Innovative Risk - Programs Plus:
Irving Texas:
Managed and underwrote new and renewal Program Business consisting of Habitational, Assisted Living Facilities, Lessor Risk Only exposures consisting of Shopping Centers, Warehouses, Offices and Builder's Risk of risks designated to be those occupancies. Commercial Lines Business, primarily package and umbrellas. I Administered and monitored underwriting rules and guidelines, insurance laws and regulations. I also participated in the Marketing of Company’s products and services.
I1999-2003 Senior Production Inland Marine Underwriter: Great American Insurance Company
Richardson, TX
Produced and managed a book of commercial property and inland marine business. Provided underwriting, technical support, and service to assigned agents. Under technical direction, within authority on accounts, underwrote risks regarding the selection and rejection of new and renewal business. Monitored underwriting rules and guidelines, rating manual rates and insurance laws and regulations. Monitored and evaluated results of assigned agents and assigned territory.
1996-1999 Senior Production Inland Marine Underwriter: St. Paul Insurance Company
Arlington, TX
Produced and managed a book of commercial property and inland marine business. Provided underwriting, technical support, and service to assigned agents. Under technical direction, within authority on accounts, underwrote risks regarding the selection and rejection of new and renewal business. Monitored underwriting rules and guidelines, rating manual rates and insurance laws. Evaluated results of assigned agents and assigned territory.
1995-1996 Senior Underwriter, Ohio Casualty Insurance Companies
Richardson, TX
All Lines Commercial Underwriter, was involved with business selection and pricing commercial lines of insurance. Reviewed and interpreted insurance contracts and applied them to specific risks, exposures and needs. Primary duties included reviewing applications for various commercial lines for acceptance, determining final pricing, reviewing various underwriting an individual financial reports and interacting with agents.
1984-1995 Underwriting Specialist - Inland Marine Coordinator and Property Referral Und, CNA Insurance Company
Dallas, TX
Underwriting full line of Commercial Lines Business. Reviewed submissions for acceptance, rejection, modification or referral in accordance with established underwriting standards, guidelines, authorities, policies and programs. Recommended coverage, limits, and pricing alternatives to agents regarding submitted business.
1981-1984 Senior Underwriter, New Hampshire Insurance Companies (AIG)
Dallas, TX
Responsible for underwriting full line of Commercial Business. Reviewed submissions for acceptance, rejection, modification or referral in accordance with established underwriting standards, guidelines, authorities, policies and programs. Recommended coverage, limits, and pricing alternatives to agents regarding submitted business.
1978-1981 Underwriter/ Crum and Forester Insurance Companies
Underwriter Trainee Dallas, TX
Initially hired as an Underwriting Trainee. Upon completion of the Program was responsible for underwriting Commercial Package Business. Reviewed submissions for acceptance, rejection, modification or referral in accordance with established underwriting standards, guidelines, authorities, Recommended coverage, limits, pricing alternatives to agents regarding submitted business.
OTHER EMPLOYMENT EXPERIENCE:
2002/Present: Arena Operating Service/American Airlines Center:
Verified that the patron’s tickets permitted them entry into that night’s event, gave directions to their section number, assisted disabled patrons to their seats, then helped my event lead and his or her supervisor anyway directed.
1996-1999 Hertz/Service Master:
Transferred clean and ready to rent cars from the central DFW Airport Location to outlying rental locations and brought dirty cars back to the central location so they could be serviced and made ready for the next customer.
SKILLS:
Skill Name Skill Level Last Used/Experience
Agency Management System (AMS) Intermediate Currently used / 2 years
Computer Intermediate Currently used / 10 years
Microsoft Excel Intermediate Currently used / 8 years
Microsoft Word Intermediate Currently used / 8 years
* Excellent oral and written communication skills. In-depth knowledge of Commercial Insurance
Business.
* Strong negotiation skills.
* Strong knowledge of underwriting philosophy, techniques.
* Ability to effectively assess risk.
* Ability to multi-task.
* Ability to function in a team environment.
* Possess knowledge of time restraints for quotes on new and renewal business.
* Solid knowledge of processing methods and workflow procedures,
Contact this candidate