Package Underwriter

 Posted a month ago
     
5-10 years experience
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AI Summary

Evaluate new business submissions for appetite, pricing, and profitability while negotiating quotes with producer partners. Act as a liaison between departments and manage underwriting files to ensure service guidelines are met.

Convelo is a managing general agent and wholesale broker positioned perfectly to give agents and brokers easy access to the most competitive specialty insurance products in the healthcare, senior living, non-profits, human services, and other sectors. Convelo is a socially conscious organization boasting an amazing culture of relentless grit and continuous improvement. We go to work every day to positively affect people's lives and we strive to do the same for our employees.

 

RESPONSIBILITIES

  • Evaluate new business submissions for appetite acceptability, proper pricing, and profitability.
  • Negotiate new business quotes and renewals with producer partners leading to the binding of business
  • Maintain underwriting files and prepare reports and presentations as required 
  • Act as a liaison between various departments including accounting, claims and loss control. 
  • Approve and issue endorsement requests per underwriting guidelines and service guidelines
  • Work with other underwriters/departments to drive multi-line sales on individual accounts

QUALIFICATIONS 

  • Minimum 5+ years of commercial package underwriting experience
  • Experience with non-profit or social service business
  • Strong knowledge of insurance rating, forms and coverages
  • Ability to make timely decisions with appropriate information and consultation
  • Proven track record of building strong business relationships with agents and insureds
  • Demonstrated strong written and oral communication skills
  • Ability to work both independently and within a team environment to drive results

Convelo is a proud Equal Opportunity Employer. Convelo is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Convelo will not tolerate discrimination or harassment based on any of these characteristics. We believe that variety in experience makes us stronger as individuals, as communities, and as a company. Fostering an environment where all employees feel empowered to bring their authentic self to work is our priority

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