What are the responsibilities and job description for the Commercial Lines Underwriter 2 position at Concord Group Insurance?
A career at Concord Insurance Group is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.
Description
Job Description
Effectively apply the Commercial Lines underwriting process to accomplish the objective of selecting profitable business while maintaining productive relationships with an assigned group of agents. The Commercial Lines Underwriter will accept, reject, or modify policy coverages, and establish a logical pricing approach for new business submissions and policy change requests.
Responsibilities
At The Concord Group, we’re proud to offer a comprehensive benefits package designed to support the wellbeing of our associates. This includes medical, vision, dental, life insurance, disability insurance, and a generous paid time off program for vacation, personal, sick time, and holiday pay. Additional benefits include parental leave, adoption assistance, fertility treatment assistance, a competitive 401(k) plan with company match, gym member/fitness class reimbursement, and additional resources and programs that encourage professional growth and overall wellness.
Why Concord Group Insurance
Since 1928, The Concord Group has been protecting families and small businesses across New England with trusted, personal insurance solutions. The Concord Group is a member of The Auto Owners Group of Companies and is recognized as a leading insurance provider through the independent agency system. Rated A (Superior) by AM Best, the company is represented by more than 550 of the best local independent agents throughout Maine, Massachusetts, New Hampshire, and Vermont.
At Concord Group, we believe in more than just insurance, we believe in our people. Our associates thrive in a supportive, collaborative workplace where community involvement, professional growth, and shared values drives everything we do.
Starting your career with The Concord Group means joining a team that values people first and gives you the opportunity to grow, give back, and make a lasting difference in the lives of those we serve.
Compensation
We are dedicated to fair and competitive total compensation package that supports the wellbeing and success of our associates. In addition to this, we offer other components like bonus opportunities.
Equal Employment Opportunity
The Concord Group is an equal opportunity employer and hires, transfers, and promotes based on ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state, or local law.
The Concord Group participates in E-Verify.
Description
Job Description
Effectively apply the Commercial Lines underwriting process to accomplish the objective of selecting profitable business while maintaining productive relationships with an assigned group of agents. The Commercial Lines Underwriter will accept, reject, or modify policy coverages, and establish a logical pricing approach for new business submissions and policy change requests.
Responsibilities
- Review and analyze risk characteristics associated with small to medium commercial policies
- Work within underwriting guidelines to reject, or modify policy coverages for new business submissions and policy change requests
- Effectively communicate our underwriting guidelines, positive and negative underwriting decisions, and other related matters to agents and other business partners
- Document underwriting files to reflect decision making related to risk selection, pricing and controls
- Collect market intelligence related to emerging issues and underwriting trends for commercial business nationally and in assigned territory
- Develop and maintain strong and effective Agency relationships
- Conduct agency visits to reinforce the partnership between carrier and Agency and to maintain awareness of underwriting positions and expectations
- Participate in agency review meetings for assigned agency group to evaluate performance, outline accomplishments and opportunities, and actively engage in agency development planning and execute on action items
- Occasional overnight travel may be required
- Bachelor’s degree or other post-secondary education required
- 3-5 years’ P&C underwriting experience specific to Commercial Lines
- Holding or pursuing industry designations, and certificates is desirable
- Excellent written and verbal communication skills
- Strong sales presence
- Proficient in Microsoft Office and other software products
- Effective analytical and time management skills
At The Concord Group, we’re proud to offer a comprehensive benefits package designed to support the wellbeing of our associates. This includes medical, vision, dental, life insurance, disability insurance, and a generous paid time off program for vacation, personal, sick time, and holiday pay. Additional benefits include parental leave, adoption assistance, fertility treatment assistance, a competitive 401(k) plan with company match, gym member/fitness class reimbursement, and additional resources and programs that encourage professional growth and overall wellness.
Why Concord Group Insurance
Since 1928, The Concord Group has been protecting families and small businesses across New England with trusted, personal insurance solutions. The Concord Group is a member of The Auto Owners Group of Companies and is recognized as a leading insurance provider through the independent agency system. Rated A (Superior) by AM Best, the company is represented by more than 550 of the best local independent agents throughout Maine, Massachusetts, New Hampshire, and Vermont.
At Concord Group, we believe in more than just insurance, we believe in our people. Our associates thrive in a supportive, collaborative workplace where community involvement, professional growth, and shared values drives everything we do.
Starting your career with The Concord Group means joining a team that values people first and gives you the opportunity to grow, give back, and make a lasting difference in the lives of those we serve.
Compensation
We are dedicated to fair and competitive total compensation package that supports the wellbeing and success of our associates. In addition to this, we offer other components like bonus opportunities.
Equal Employment Opportunity
The Concord Group is an equal opportunity employer and hires, transfers, and promotes based on ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state, or local law.
The Concord Group participates in E-Verify.