Job Summary: We are seeking a detail-oriented and analytical Commercial BOP Underwriter to join our team. The ideal candidate will be responsible for evaluating and underwriting Business Owner's Policies, ensuring that risks are appropriately assessed and priced. This role involves working closely with agents, brokers, and other stakeholders to provide comprehensive insurance solutions for small to medium-sized businesses.
Key Responsibilities:
Evaluate Insurance Applications: Assess and process insurance applications for Business Owner's Policies, ensuring all necessary information is obtained and reviewed.
Risk Assessment: Analyze financial data, business operations, and other relevant information to determine the level of risk associated with insuring potential clients.
Policy Pricing: Calculate appropriate premiums based on risk assessment and company guidelines.
Decision Making: Make informed decisions on policy acceptance, modifications, or rejections, ensuring compliance with underwriting standards.
Collaboration: Work closely with insurance agents, brokers, and other professionals to gather information, negotiate terms, and provide quotations.
Claims Monitoring: Monitor and review insurance claims to ensure fair dealing and customer satisfaction.
Market Awareness: Stay updated on current market conditions, insurance policies, and relevant legislation to make informed underwriting decisions.
Record Keeping: Maintain accurate and detailed records of underwriting decisions and policy information.
We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to
Human Resources Request Form. The EEOC "Know Your Rights" Poster is available
here.
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2-3 years of experience in underwriting small commercial BOP risk
Experience dealing with both property and liability risks
History of making underwriting decisions
Strong communication skills - internal and external
Ability to work quickly
Bachelor's degree
- Specific classes: experience with restaurants and general contractors
- CPCU License
Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.