Excess & Surplus - Production Underwriter

$75,000 - $140,000/Yr

The Cincinnati Insurance Companies - Cleveland, OH

Full-time - Mid Level

Cleveland, OH

About the position

At The Cincinnati Insurance Companies, we prioritize people and adhere to the Golden Rule in our operations. We are seeking an exceptional individual to join our team as an Excess & Surplus Production Underwriter. This role is crucial in helping us protect families and businesses by preventing or recovering from losses. As part of our service-oriented and ethical team, you will contribute to our vision of being the best company serving independent agents. We value collaboration, skill development, and building productive relationships within a diverse team. If you are ready to embrace challenges and grow your career, Cincinnati may be the right place for you. In this position, you will work closely with producers and an assigned underwriting assistant to solicit, underwrite, and price new and renewal surplus lines commercial property and casualty business. You will be responsible for determining individual risk acceptability, pricing, coverage, terms, and conditions. Your analytical skills will be essential as you develop, analyze, and evaluate information and exposures for complex risks. Achieving production and loss ratio goals within your assigned regional territory will be a key focus, and you will have the authority to make independent decisions. Additionally, you will mentor and train underwriters and underwriting assistants, fostering successful business relationships with producers and reinsurers. Researching new products and coverage forms will also be part of your responsibilities. This role may require travel within your assigned territory, which could include some overnight stays. We are looking for someone who is not only skilled in underwriting but also possesses strong interpersonal skills and a desire to build relationships with team members and agents.

Responsibilities

• Work in partnership with producers and an assigned underwriting assistant to solicit, underwrite, and price new and renewal surplus lines commercial property and casualty business.
• Determine individual risk acceptability, pricing, coverage, terms, and conditions.
• Develop, analyze, and evaluate information and exposures for complex risks.
• Achieve production and loss ratio goals within assigned regional territory.
• Work independently with a high level of authority and judgment.
• Determine need for and secure appropriate reinsurance on individual accounts.
• Mentor and train underwriters and underwriting assistants.
• Develop successful business relationships with producers and reinsurers.
• Research new products and coverage forms.
• Travel within assigned territory, which may include some overnight stays.

Requirements

• Bachelor's degree or extensive relevant excess and surplus lines underwriting experience.
• 5+ years of experience working with commercial lines property and casualty products is required.
• Prior excess and surplus casualty underwriting experience with a carrier, broker, or MGA is preferred.
• ASLI or CPCU designations preferred.
• Proficient use of Microsoft® Word, Excel, and Outlook.
• Strong interpersonal skills and organizational skills.
• Time management skills and strong decision-making abilities.
• Analytical and negotiating abilities.
• Desire to build relationships and listen effectively.
• Ability to develop positive working relationships with team members and agents.
• Skilled use of verbal communication to explain, negotiate, and present information.
• A valid driver's license.

Nice-to-haves

• Prior experience with a carrier background will be given preference.
• Complete training is provided in Cincinnati, OH, prior to deployment to regional territory.

Benefits

• Eligible associates may receive an annual cash bonus and stock incentives based on company and individual performance.
• Providing outstanding service and developing strong relationships with independent agents.
• Lifelong learning approach with tools and training provided for success.