Job Description
Personal Lines Production Binding Underwriter
Job Summary
Seeking experienced and driven Personal Lines Production Binding Underwriters to join a growing team. This role is focused on new business production and offers the opportunity to build and grow a book of business from the ground up. Ideal candidates will have strong marketing capabilities, proven sales ability, and a passion for developing relationships.
Compensation Package
- Base Salary: $80,000 – $105,000 (up to $115,000+ for candidates with a significant book of business and strong relationships in Seattle)
- Bonus Structure: Commission eligibility begins once revenue generated is 2x the base salary and covers support staff costs.
- Equity Participation: Opportunity for future equity participation in a privately held company.
- Benefits:
- Flexible and hybrid work arrangements
- Employer-paid continuing education and professional designation support
- Clear opportunities for career growth and advancement
Responsibilities
- Develop and execute marketing strategies to drive new business and renewals, including in-person visits, telemarketing, and targeted campaigns.
- Evaluate, classify, and rate risks to determine acceptability, coverage terms, and pricing.
- Submit underwriting referrals to brokerage facilities and internal leadership as needed.
- Monitor key performance metrics (hit ratio, retention, premium growth, loss ratio) and implement corrective actions when necessary.
- Mentor and train Assistant Underwriters to support team development.
Qualifications/Requirements
- Bachelor’s degree or equivalent professional experience.
- Minimum of 3 years of multi-line underwriting experience (E&S experience preferred).
- Strong sales, marketing, and overall business acumen.
- Demonstrated commitment to ongoing professional development.
- Active insurance license required; CPCU, CIC, or similar designations preferred.
#LI-JB1