Personal Lines Underwriter

Burns & Wilcox - Charleston, SC

Full-time - Mid Level

Charleston, SC

Insurance Carriers and Related Activities

About the position

At Burns & Wilcox, we pride ourselves on being the go-to resource for unique, unusual, and unconventional insurance needs. As a leading wholesale insurance broker and underwriting manager, we offer unparalleled resources and exposure for those looking to excel in the specialty insurance industry. Our team is dedicated to building, maintaining, and growing a robust book of business while managing agency relationships and serving as the lead client contact. We are currently seeking a qualified individual to join our team and contribute to our mission of providing comprehensive insurance solutions. In this role, you will be responsible for creating and executing a marketing plan aimed at increasing both new and renewal business. You will rate, quote, and bind each risk to determine acceptability, coverage, and pricing for large or complex renewals as well as new business. Additionally, you will develop and submit underwriting referrals to our company brokerage facilities and Burns & Wilcox management. Monitoring key metrics will be crucial in formulating corrective actions that impact new business hit rates, renewal retention, premium growth, and loss ratios. As a leader in this position, you will also have the opportunity to train and develop Assistant and Associate Underwriters, fostering a culture of growth and professional development within the team. We are looking for someone who is not only skilled in underwriting but also has a strong interest in continued education and professional development, ensuring that our team remains at the forefront of the industry.

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

• Competitive base compensation & sales incentive bonus plan
• Flexible and hybrid options
• Health benefits & 401K with employer match
• Employer paid continuing education courses and designations
• Many opportunities for career advancement