Commercial Lines Renewal Underwriter - City Insurance
Distinguished LLC - chicago, IL
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Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Hospitality, Fine Art/Collectibles, Restaurants, Inland Marine, Executive Lines and Construction Professionals & Environmental. Distinguished partners with a select group of highly rated insurance companies to provide exclusive programs to our national network of 4,000 agencies and brokerages. You will have an opportunity to work with an energetic, passionate team that is committed to growth by helping our customers grow their business and building a best-in-class system, as well as a great place to work. Join our City Insurance program as a Commercial Lines Renewal Underwriter specializing in Multi-Family, Landlord, Apartment, and Condo insurance for small urban and mixed-use properties. You will be responsible for account pipeline management, risk selection, qualification, and pricing within the program guidelines and objectives, and selling the proposal to insurance brokers. You'll communicate and negotiate directly with brokers and carriers. This encompasses tasks such as ensuring accurate underwriting information, determining eligibility, maintaining well-documented insurance files, addressing questions, resolving issues, and servicing change requests. RESPONSIBILITIES Handle renewal accounts through outbound interaction with various carriers and brokers. Work collaboratively and communicate effectively with internal sales staff on new business submissions. Underwrite habitational risks by identifying and analyzing risk exposures, loss frequency and severity against desired coverage. Develop relationships with both external and internal customers, with the "customer experience" in mind, and deliver exceptional experiences with every interaction, in all modes of communication. Provide and create solutions for a broad range of inquiries from brokers and team members. Adhere to rating rules with proper file documentation. Navigate our online broker portal to complete tasks and troubleshoot. Identify opportunities to improve underwriting efficiencies. Work independently within deadlines while understanding the necessity for communicating and coordinating work efforts with stakeholders. Obtain and understand market intel and trends. Handle work with a focus on underwriting profitability. SKILLS & QUALIFICATIONS Bachelor's degree or equivalent combination of education and experience. Minimum of 1 year of commercial property underwriting experience. Property and Casualty insurance license preferred (6 months preparation time permitted). Understanding of habitational P&C policies preferred. Commercial Real Estate Insurance knowledge preferred. Eager for continual learning; professional designations are a plus. Strong verbal and written communication skills including negotiation skills. Must be self-driven, detail-oriented, comfortable in a growing ever-changing organization, and have strong organizational skills including time-management and prioritization. Some travel may be required from time to time for team and broker meetings. LOCATION This is a remote position -Midwest COMPENSATION AND PERKS $55,000 - $65,000 base salary plus bonus. Salary commensurate with knowledge, skills, experience, and geographic location. Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day). Great healthcare coverage including Medical, Vision, and Dental. 401k with company match. Immediately 100% vested. Life, AD&D, Critical Illness, Accident, and Disability (short-term & long-term) insurance. Growth and development opportunities. Work-Life Balance and wellness benefits with generous time off policy including PTO and paid holidays, Dependent Care FSA, Healthcare FSA, Virtual Telemedicine, Employee Discount Programs, Paid Parental (primary or secondary caregiver) Leave, HSA, HRA, Commuter/Transit FSA, and a Sabbatical every 7 years. CORE VALUES Our Core Values define our business. At Distinguished Programs you will achieve goals focused in the best interest of our customer. INTEGRITY plays a crucial role in the way Distinguished does business. INNOVATION enables us to remain an industry trendsetter. You will be involved in projects that advance our products, processes, and people! You willcollaboratewith leaders in the organization and build RELATIONSHIPS with your colleagues, carriers and customers.Capitalize on your interests and strengths to drive an enrichment focused path allowing yourdeterminationto launch your career in an industry of endless opportunities.Bring your passion to the work you do, the people you impact and the success we ACHIEVE together. Acceptance and appreciation for diversity and inclusion are at our core. We do not accept unsolicited resumes from external recruiting firms or agencies. Distinguished Programs, LLC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status. All your information will be kept confidential according to EEO guidelines.
Created: 2024-11-05