Job Description
Renewal Underwriter - Commercial Lines
Job Summary
Looking for a highly skilled and detail-oriented Renewal Underwriter - Commercial Lines to join a dynamic and fast-growing team. This role is pivotal in managing and renewing a portfolio of contract binding property and casualty (P&C) accounts.
Compensation Package
- Salary Range: $70,000 - $85,000 annually
- Competitive benefits package, paid time off, professional development opportunities, etc.
Responsibilities
- Review incoming renewal submissions and gather necessary information from agents.
- Assess whether policies align with underwriting guidelines and make recommendations accordingly.
- Prepare and present renewal quotes to agents.
- Issue binders and ensure timely processing of renewals.
- Manage a portfolio of 40-60 renewals monthly, depending on experience level.
- Handle accounts ranging from $5,000 to $50,000 in premium, with an average of $15,000.
- Work with carriers such as USLI, RLI, AXA, Crum & Forster, AmTrust, Western World, and others.
Qualifications/Requirements
- Experience: Minimum of 3+ years in underwriting, specifically in the contract binding space.
- Licenses: Property & Casualty (P&C) license required.
- Technical Skills: Familiarity with underwriting software and tools.
- Soft Skills: Highly organized, independent, detail-oriented, and capable of multitasking.
- Preferred Background: Experience working with MGAs, wholesale brokers, or carriers such as CRC, Amwins, Bass, or USG.
- Location: Must reside in a western state (CA, WA, OR, TX, or AZ preferred).
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
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