Overview

"You work for NJM? That's a great company!" If you're hired, you'll hear it over and over again from friends, family and neighbors. Why? Because NJM strives consistently to meet the service expectations of its customers. These efforts do not go unnoticed — many policyholders have trusted NJM for decades, and it's commonplace for NJM to insure multiple generations of the same business and families.

NJM is a great company for policyholders and for employees. With competitive salaries and attractive benefits, including medical, dental, a generous 401(k) plan, paid time off and more, as well as opportunities for advancement, many employees choose to build their careers at NJM.

NJM is a premier property/casualty insurer and a leading provider of Workers Compensation, Commercial Auto, and Personal Lines insurance and its origins date back to 1913. As a highly reputable industry leader, now is an exciting time to join NJM as we are expanding in the Commercial Package Marketplace.

We are seeking an Underwriter I to work out of our Commercial Lines headquarters in West Trenton, New Jersey. This position will be concentrating on reviewing submissions from agents, negotiating coverage and premiums, pricing and reviewing a renewal book of business, as well as supporting profitable new business growth while maintaining strong agency relationships. Accounts will include a variety of premium ranges across multiple lines of business and products. 

The Commercial Lines Underwriter prepares a review of complex and unusual commercial risks and coverage issues. The Underwriter prepares a review of complex and unusual commercial risks and coverage issues for evaluation. The Underwriter will also provide and support analysis, product development, and other high-profile initiatives.

This position is hybrid requiring 3 days in the West Trenton Office and the ability to work from home 2 days.

Responsibilities

Strategic Thinking:

• Maintains awareness of commercial lines industry and underwriting trends in various states and applies this knowledge to enhance existing products and services and support the creation of new ones.
• Proactively researches and finalizes underwriting assessment of new and renewal business to promote adequate and competitive pricing.
• Partner with other commercial lines areas in exceeding NJM business growth and retention targets.

 
Productivity: 

• Exercise independent judgment in accepting or declining exposure falling within established guidelines, as well as new lines of business and jurisdictions.
• Effectively communicates results to senior and executive management.
• Conducts account pricing and performance analysis. Accommodates ad hoc research requests from NJM staff, clients, and brokers.
• Partners with Commercial Lines sales staff in helping to retain clients.
• Provide assistance to production and rating staff.

Requirements

• 2 years in Property and Casualty, Commercial Underwriting with authority (underwriting, quoting, binding across different market segments) is required.
• Bachelor’s degree is preferred.
• Independent decision-making skills.
• Advanced user skills in Microsoft Office Suite.
• Service-oriented self-starter possessing an excellent professional demeanor and interpersonal skills; accountable for accurate and timely work products.
• Team-builder and strategic planner with experience collaborating with sales, loss prevention, premium audit, product development staff, and the broker community.
• Exceptional verbal and written communication skills; outstanding ability to clearly explain and document decisions and conduct presentations to senior and executive management, clients, and brokers.
• CPCU and other related designations are a plus.
• Property & Casualty Agent/Producer License is preferred or must be willing to obtain after hire.