Job Description
Binding Production Underwriter
Job Summary
Seeking dynamic and entrepreneurial professionals to join a team as Binding Production Underwriters specializing in either Commercial Lines or Personal Lines. This role offers a unique opportunity to build and expand a book of business by underwriting new accounts and fostering strong client relationships to drive renewal business.
Compensation Package
- Competitive salary range: $100,000 - $200,000 annually
- Performance-based bonus opportunities.
Responsibilities
- Build, maintain, and grow a profitable book of business.
- Manage agency relationships and act as the primary client contact.
- Develop and execute marketing strategies to drive new and renewal business.
- Rate, quote, and bind risks, determining acceptability, coverage, and pricing for both new and renewal accounts.
- Submit underwriting referrals to company brokerage facilities and management.
- Monitor key performance metrics and implement corrective actions to optimize new business acquisition, renewal retention, premium growth, and loss ratios.
- Lead, train, and mentor Assistant and Associate Underwriters.
Qualifications/Requirements
- Bachelor’s degree or equivalent combination of education and experience.
- Minimum of 3 years of commercial lines underwriting or brokerage experience (excess & surplus experience preferred).
- Demonstrated proficiency in sales and marketing.
- Strong organizational skills with exceptional attention to detail.
- Commitment to ongoing education and professional development.
- Insurance license, CPCU, CIC, or comparable designations preferred.
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