Senior Excess Transportation Commercial Underwriter
TX, NC, NY-
Commercial Wholesale MGA, with a focus on binding authority, is looking for a talented Commercial Underwriter to work from home. This has an above average bonus potential.
To Underwrite a profitable book of business from each of the agents assigned to you. To achieve the yearly individual production objectives set by management.
To develop the business of an assigned group of wholesale agents: o who have a certain loyalty to our company; o who follow the philosophy of the company regarding submitting applications, binding risks, and paying in a timely manner; o who regularly produce a minimum of $250,000 in premiums per year; o who have an average “hit ratio” of 40%. • To follow organization and department procedures and to complete tasks in a timely manner. • To have a good attendance record. • To produce a book of business equal to at least $250,000 in revenues to the company after a maximum of three years with us. • To represent the company well in every instance. • Quarterly traveling to main office will be required.
Excellent computer, typing, word processing and speaking skills. • Proficiency in the use of Agency Management systems. Experience with AIM/ImageRight a plus. • Ease with numbers, negotiation of premiums, details. • Minimum of 5 years experience as an Excess Trucking Underwriter at an MGA or insurance company. • Completion of classes and testing required for a General Lines License by the end of six months; regular completion of required Continuing Education classes. • Excellent knowledge of rating, coverage, and underwriting guidelines for specific insurance markets. • Ability to work with limited supervision.
Remain up-to-date on all guidelines and forms of our markets. • Visit all assigned agents at least once a year, documenting the visits in AIM. • Request of the agents any information required prior to issuing a proper quote. • Whenever possible, respond to all agent requests the same day that the request was made. • Follow up with risks submitted to the various markets, and keep the agents informed of the status of their submissions. • Issue quotes to the agents in a timely and professional manner.