Field Underwriting Territory Representative - Minimum 2 years underwriting experience

$90,000 - $152,000/Yr

Cincinnati Insurance Company - Valleyford, WA

Full-time - Mid Level

Remote - Valleyford, WA

Insurance Carriers and Related Activities

About the position

At The Cincinnati Insurance Companies, we prioritize people and adhere to the 'Golden Rule' in our daily operations. We are seeking extraordinary individuals to join our talented team, which is characterized by service-oriented, ethical, knowledgeable, and caring associates. These individuals are the heart of our vision to be the best company serving independent agents. Our mission is to help protect families and businesses as they work to prevent or recover from losses. We invite you to share your talents to help us achieve continued success, bringing value to the communities we serve and demonstrating that Actions Speak Louder in Person. If you are ready to build productive relationships, collaborate within a diverse team, embrace challenges, and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow. Our Sales and Marketing department is looking for a property and casualty field territory underwriter. This field-based underwriter will play a critical role in evaluating, assessing, and pricing risks while leading profitable growth for our agency partners in the Eastern Washington territory. Positions serving territories away from our headquarters in Fairfield, Ohio are fully remote, but must be located within the specified territory. The starting pay for this position ranges from $90,000 to $152,000 annually, with a competitive compensation package based on the applicant's education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Responsibilities

• Analyze risks, price, negotiate, and make informed decisions on commercial business underwriting.
• Sell and solicit business across all available business units within the territory to build strong, diverse agency relationships.
• Lead territory in strategic plan development, ownership, and execution of enterprise-wide growth and profit within the territory, including new agency appointments.
• Achieve deep relationships with and understanding of each assigned agency relationship to build a diverse and profitable portfolio.
• Partner with and lead other field disciplines within designated agency relationships to ensure their success through communication, support, and collaboration with team members.
• Stay updated on industry trends, market conditions, emerging risks, and primary competitors, and effectively communicate and make informed decisions based on this information.

Requirements

• Bachelor's degree in a relevant field.
• Proven experience in underwriting, with a minimum of 3 years of commercial underwriting experience; more than 3 years preferred.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to work independently and make sound decisions.
• Willingness to travel and visit agencies within the territory regularly.
• Strategic business plan development skills.
• Valid driver's license.

Nice-to-haves

• Relevant insurance industry certifications (e.g., Certified Insurance Counselor (CIC) or Chartered Property Casualty Underwriter (CPCU)).
• Professional selling experience.

Benefits

• Competitive compensation package including annual cash bonuses and stock incentives based on performance.
• Tools and training for professional development and success in the insurance industry.