Sales - Field Underwriting Territory Representative

$108,000 - $182,400/Yr

Cincinnati Insurance Company - Acton, MA

Full-time - Entry Level

Remote - Acton, MA

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 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, 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, Cincinnati may be the right place for you. We offer career opportunities where you can contribute and grow. In our Sales and Marketing department, we are looking for a property and casualty field territory underwriter. This field-based role is critical in evaluating, assessing, and pricing risks while leading profitable growth for our agency partners in your territory. This position is specifically for our Boston, Massachusetts territory, and positions serving territories away from our headquarters in Fairfield, Ohio are fully remote. The starting pay for this position ranges from $108,000 to $182,400 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

• Underwrite by analyzing risks, pricing, negotiating, and making informed decisions on commercial business.
• 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.
• Provide leadership by partnering with and leading 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, effectively communicating and making informed decisions based on this information.

Requirements

• 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 and a valid driver's license.
• Bachelor's degree in a relevant field.
• Proven experience in underwriting, with a minimum of 2 years of commercial underwriting experience (more than 3 years preferred).
• Relevant insurance industry certifications (e.g., Certified Insurance Counselor (CIC) or Chartered Property Casualty Underwriter (CPCU), professional selling) are a plus.

Nice-to-haves

• Experience from another carrier or new to the insurance industry.
• Commitment to lifelong learning and professional development.

Benefits

• Competitive compensation package including annual cash bonuses and stock incentives based on performance.
• Tools and training provided for success in the role.
• Diverse workforce and equal employment opportunity.