Associate Underwriter
hace 14 días
Utica
Job DescriptionDescription: Utica First Insurance Job Description and Standard of Performance POSITION DESCRIPTION Associate Underwriter Job Summary The Commercial Lines Associate Underwriter is responsible for underwriting and managing a defined book of commercial business within assigned authority and territory. This role develops underwriting expertise while independently supporting a smaller group of agency partners, balancing risk selection, profitability, and service excellence. The Associate Underwriter works closely with underwriting leadership and senior staff as authority and complexity increase. Reports To: Underwriter Supervisor Duties/Responsibilities • Underwriting & Risk Assessment, • Underwrite new business, renewals, endorsements, and cancellations within assigned authority, • Evaluate risk exposures, loss history, and coverage needs for small commercial accounts, • Apply underwriting guidelines, pricing tools, and risk selection standards, • Make underwriting decisions on routine risks; escalate complex or out of authority accounts as appropriate, • Accurately document underwriting decisions and rationale, • Territory & Agent Management, • Manage a defined territory and assigned agency relationships, • Serve as the primary underwriting contact for assigned agents, • Communicate underwriting decisions clearly and professionally, • Build productive working relationships while maintaining underwriting discipline, • Support agency education on appetite, guidelines, and underwriting requirements, • Portfolio Management, • Manage a small commercial book of business to support profitability, retention, and growth goals, • Monitor accounts for loss trends, exposure changes, or underwriting concerns, • Assist with renewal strategy and book management initiatives, • Identify opportunities for coverage enhancements and cross selling within authority, • Collaboration & Compliance, • Partner with Sales, Operations, and Claims to support account servicing needs, • Ensure compliance with underwriting guidelines, authority levels, and regulatory requirements, • Support underwriting audits and quality reviews, • Follow established workflows and service expectations, • Development & Progression, • Participate in underwriting training and professional development opportunities, • Expand underwriting authority and territory responsibility over time, • Stay current on market conditions, coverage changes, and underwriting practices, • All other tasks involving project work as directed by management.Requirements: Education & Experience • Bachelor’s degree in Business, Finance, Risk Management, or related field (or equivalent experience), • 1–3 years of commercial lines underwriting or insurance experience, • Experience managing agent relationships preferred Lines of Business Knowledge • Working knowledge of:, • Commercial Package / BOP, • Property and General Liability, • Umbrella / Excess Technical & Professional Skills • Developing underwriting judgment and analytical skills, • Ability to manage a territory and agent relationships effectively, • Strong organizational and time management skills, • Proficiency in Microsoft Office and underwriting systems, • Clear written and verbal communication skills Professional Development (Preferred) • Progress toward or interest in pursuing AU, CPCU, or other underwriting designations Core Competencies • Independent decision making within assigned authority, • Risk evaluation and attention to detail, • Relationship management with agents, • Accountability and professionalism, • Willingness to learn and grow underwriting expertise Physical Requirements This position requires the ability to sit for extended periods while working at a computer, both in a home and office environment. The role involves frequent use of a headset, keyboard, mouse, and other standard office equipment. Occasional movement within the office may be required, such as walking to meetings or accessing shared equipment.