Personal Lines Underwriter

$75,000 - $100,000/Yr

Burns & Wilcox - Centennial, CO

posted 5 months ago

Full-time - Mid Level
Hybrid - Centennial, CO
Insurance Carriers and Related Activities

About the position

As a Personal Lines Underwriter at Burns & Wilcox, you will play a crucial role in providing insurance coverage for unique and unconventional risks. This position is ideal for candidates who possess an entrepreneurial spirit and are driven by career advancement. You will be responsible for building, maintaining, and growing a book of business while managing agency relationships and serving as the lead client contact. Your ability to create and execute a marketing plan will be essential in increasing both new and renewal business. In this role, you will rate, quote, and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business. You will also develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management. Monitoring key metrics will be part of your responsibilities, allowing you to formulate corrective actions that impact new business hit, renewal retention, premium growth, and loss ratio. Additionally, you will lead, train, and develop Assistant and Associate Underwriters, fostering a collaborative and growth-oriented environment.

Responsibilities

  • Build, maintain, and grow a book of business
  • Manage agency relationships and serve as lead client contact
  • Create and execute marketing plan to increase new and renewal business
  • Rate, quote and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business
  • Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox management
  • Monitor key metrics to formulate corrective action impacting new business hit, renewal retention, premium growth, and loss ratio
  • Lead, train, and develop Assistant and Associate Underwriters

Requirements

  • Bachelor's degree or equivalent combination of education and experience
  • Minimum 3 years of personal lines underwriting experience required; excess & surplus experience preferred
  • Demonstrated proficiency in sales and marketing
  • Proven organization skills and ability with a strong attention to detail
  • Interest in continued education and professional development
  • Insurance license, CPCU, CIC or comparable designations preferred

Benefits

  • Overall compensation plan consists of a base salary & sales bonus plan
  • Base salary range $75,000-$100,000 + bonus
  • Flexible and hybrid work options
  • Health benefits & 401K with employer match
  • Employer paid continuing education courses and designations
  • Many opportunities for career advancement
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