Hub International - Frisco, TX
posted 3 months ago
The Senior Underwriter at Specialty Comp Insurance will play a pivotal role in developing, managing, and growing a profitable book of workers' compensation insurance policies. This position is focused on working through independent agents and specialty producers to generate new sales, successfully renew existing policies, and create new territories, products, and distribution relationships. The successful candidate will be responsible for soliciting new agents, reviewing and analyzing insurance applications, and determining the best fit for both simple and complex cases. Excellent communication skills, both written and verbal, along with strong mathematical aptitude, analytical skills, and sales tenacity, are essential for success in this role. In this position, the Senior Underwriter will develop and manage a book of renewal business and agency relationships while consistently establishing and achieving aggressive growth, quality, and profitability goals. The role involves monitoring producer activity through submission reports, monthly production, and claims reports, as well as reviewing accounts for proper classification and adherence to underwriting guidelines. The Senior Underwriter will prepare and maintain the legal underwriting file on behalf of the Insurance Carrier and manage risk control survey orders, taking appropriate action when necessary. Additionally, the Senior Underwriter will analyze and document accounts to determine exposure, class-fit, and pricing, while also receiving and servicing policy change requests from distributors. The ability to listen comprehensively to distributors and policyholders, interpret their comments or questions, and respond effectively is crucial. The role also includes conducting internal self-audits, providing ongoing management of the business for underwriting quality and service, and gathering information to report on competitors. The Senior Underwriter will explain the company's products and services, work with internal departments to resolve problems, and actively participate in underwriting audits with various partner carriers. Training and mentoring Underwriting Assistants will also be part of the responsibilities, along with creating and maintaining periodic management reports.