Posted 6d ago

Senior Underwriter - Maryland

@ Greater New York Mutual Insurance
Hunt Valley, Maryland, United States
$78k-$161k/yrHybridFull Time
Responsibilities:Review risk, Underwrite policies, Mentor underwriters
Requirements Summary:Bachelor's degree required; 7+ years commercial multi-line underwriting; Habitational experience preferred; strong MS 365 skills; CPCU/CIC/ARM designation preferred; ImageRight experience preferred.
Technical Tools Mentioned:Microsoft 365, ImageRight
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Job Description

Position Summary:

The Senior Underwriter develops and fosters positive, professional relationships with the company’s agency partners, as well as achieves company growth and profitability objectives. The Senior Underwriter is expected to exhibit a high level of technical expertise, while exercising sound judgment, and delivering consistent results.

Essential Duties and Responsibilities:

  • Review loss experience, insurance to value, loss control reports, in additional to other relevant risk factors.
  • Develops and maintain a strong working knowledge of company underwriting guidelines, coverage forms, enhancements, rating plans, and workflow.
  • Determine the acceptability of commercial lines package, auto, worker compensation and umbrella policies based on company underwriting guidelines.
  • Uses underwriting information such as inspection reports, claims history, and commercial applications to make appropriate underwriting decisions.
  • Determine appropriate premium levels and coverages for commercial package and umbrella policies based on filed rates and individual risk characteristics.
  • Responsible for maintaining strong business relationships with assigned agencies, which will include agency travel and agency management responsibilities.
  • Meet or exceed all company service standards for underwriting and processing. commercial lines applications, endorsements, renewal policies, and new business policies.
  • Train and mentor underwriters.
  • Participates in special projects and performs additional duties as required.