Cincinnati Insurance Company - Center Line, MI

posted 5 months ago

Full-time - Mid Level
Remote - Center Line, MI
Insurance Carriers and Related Activities

About the position

At The Cincinnati Insurance Companies, we prioritize people and adhere to the Golden Rule in our 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 foundation of our vision to be the best company serving independent agents. Our mission is to 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 and demonstrate that Actions Speak Louder in Person®. In this role as a property and casualty field territory underwriter, you will be instrumental in evaluating, assessing, and pricing risks while driving profitable growth for our agency partners in your designated territory, which is based in Detroit, Michigan. This position is fully remote for those serving territories away from our headquarters in Fairfield, Ohio. The starting pay for this position ranges from $90,000 to $152,000 annually, with a competitive compensation package that considers the applicant's education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on both company and individual performance. As a field-based underwriter, you will be responsible for underwriting by analyzing risks, pricing, negotiating, and making informed decisions on commercial business. You will also engage in marketing by selling and soliciting business across all available business units within your territory to foster strong, diverse agency relationships. Additionally, you will lead the development of your territory by spearheading strategic plan development and executing enterprise-wide growth and profit initiatives, including new agency appointments. Building deep relationships with assigned agencies is crucial to delivering on our vision of being the best company serving independent agents, which requires consistent presence within agency offices. You will provide leadership by partnering with and guiding other field disciplines within designated agency relationships to ensure their success through effective communication, support, and collaboration with team members. Staying updated on industry trends, market conditions, emerging risks, and primary competitors is essential for making informed decisions and effectively communicating these insights.

Responsibilities

  • Underwrite by analyzing risks, pricing, negotiating, and making informed decisions on commercial business.
  • Market by selling and soliciting business across all available business units within the territory to build strong, diverse agency relationships.
  • Develop the territory by leading strategic plan development and executing enterprise-wide growth and profit initiatives, including new agency appointments.
  • Lead agencies by building deep relationships and understanding each assigned agency to create a diverse and profitable portfolio.
  • Provide leadership by partnering with and leading other field disciplines within designated agency relationships to ensure their success through communication, support, and collaboration.
  • Research the market by staying updated on industry trends, market conditions, emerging risks, and primary competitors, and making informed decisions based on this information.

Requirements

  • Bachelor's degree.
  • Minimum of 2 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.
  • Passion for leading.
  • A 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) are a plus.

Benefits

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