Acuity is seeking an experienced Commercial Lines Underwriter to select, retain
and price commercial insurance risks while conforming to established
underwriting policies, practices and standards. The Commercial Lines Underwriter
provides counsel, training and assistance of a highly technical and professional
nature on all lines of commercial insurance. In addition, the Commercial Lines
Underwriter works with a specific group of agents, as assigned, in the pursuit
of a profitable, growing book of business. Employees must reside in Acuity's
operating territory. Click here [https://www.acuity.com/about/for-new-agents]
and scroll down to review.
ESSENTIAL FUNCTIONS:
Reviews requests for quotations and new applications for the commercial lines
of insurance. Obtains needed underwriting information, analyzes all
available facts, and makes sound and consistent underwriting decisions, in
accordance with the company's underwriting policies, practices, and
standards.
Reviews renewal business, obtains updated or additional information as
needed, and makes sound and consistent decisions as to whether renewal is to
be offered, and if it is at what price.
Reviews and monitors in-force business as occasioned by requests for changes,
losses, coverage additions and deletions, and other activity. Ensures that
the risk continues to be acceptable in accordance with Acuity's underwriting
standards and practices.
Encourages and assists in the production of profitable commercial lines
business by maintaining excellent working relationships with agents, the
Sales Department, and other Acuity personnel.
Recommends additional coverages, lines of insurance, and policy amendments
which will serve to make Acuity's insurance program more responsive to the
customer's needs.
Rejects business which does not meet Acuity's underwriting standards and does
not offer a potential for profit. Communicates unfavorable underwriting
decisions and the reasons for such decisions in such a way as to preserve and
enhance good agency relationships.
Prices commercial lines business at a level which is adequate and as
competitive as possible for the risk involved.
Authorizes the issuance of quotes, policies, and endorsements to policies
which are technically correct, in accordance with Acuity's rule, rate and
form filings, and are responsive to the customer's needs.
Places property and casualty reinsurance in accordance with the companies
guidelines.
Studies insurance policies, manuals, portfolios, rating plans, and
periodicals so as to enhance their knowledge of the commercial lines of
insurance and to keep abreast of the current happenings in the insurance
industry.
Visits agents in his/her assigned territory in order to foster efficient
working relationships, gain familiarity with the market available to the
agent and to Acuity, and to assist the agent in identifying risks Acuity
would like to write.
Maintains quality and quantity of work at prescribed departmental standards.
Coordinates with loss control to improve risks.
Assists in the training of Underwriting trainees.
Regular and predictable attendance.
Performs other duties as assigned.
EDUCATION:
A college degree from an accredited institution or equivalent experience. CPCU,
CIC or similar insurance designations preferred.
EXPERIENCE:
At least five years experience as a commercial underwriter
OTHER QUALIFICATIONS:
Ability to underwrite large, complex commercial lines accounts
A high level of expertise in the areas of rating programs, coverage laws, and
regulations
Demonstrates the ability to be innovative in suggesting alternatives in
pricing and coverage
Possesses a strong ability to communicate, both orally and in writing
Acuity does not sponsor applicants for U.S. work authorization.
This job is classified as exempt.
The salary range for this position is $80,000 - $150,000 annually. This salary
range is an estimate and the actual salary will vary based on applicant’s
education, experience, knowledge, skills, and abilities.
For this role, Acuity offers a comprehensive benefits package, including a
generous 401(k) contribution, medical, dental, vision, life and disability
insurance, paid time off, an Employee Assistance Program, and more. A full
description of benefits and eligibility will be provided to candidates during
the hiring process.
We are an Equal Employment Opportunity employer. Applicants and employees are
considered for positions and are evaluated without regard to mental or physical
disability, race, color, religion, gender, national origin, age, genetic
information, military or veteran status, sexual orientation, marital status or
any other protected Federal, State/Province or Local status unrelated to the
performance of the work involved.
Acuity will include at least one in-person interview during the hiring process
for all positions.
If you have a disability and require reasonable accommodations to apply or
during the interview process, including for in-person interviews, please contact
our Talent Acquisition team at careers@acuity.com [careers@acuity.com]. Acuity
is dedicated to offering reasonable accommodations during our recruitment
process for qualified individuals.