What are the responsibilities and job description for the Commercial Lines Underwriter position at Johnson & Johnson, Inc.?
Quote and bind new commercial business through several top-rated insurance companies. Provide customer service to agencies as well as insurance companies. Travel to both agencies and companies’ multiple times throughout the year.
Job Responsibilities:
- Create and maintain company and agency relationships
- Achieve written premium and income goals set by management on a quarterly basis
- Comprehend and maintain underwriting manuals for all companies represented
- Travel as deemed necessary by the management, to both agencies & company conventions
- Comfortable discussing team goals and actively participating in achieving these goals
- Adhere to company-wide minimum service standards
- Knowledge of the independent agency system and economics - assess the capacity of market, territory and individual agencies to identify and act on growth opportunities.
- Develop and maintain effective relationships with business partners.
- Demonstrate accountability for the assigned territory by being innovative and identifying and implementing opportunities for improvement in results.
- Must be innovative and creative
- Pursue education to enhance industry knowledge
- Other duties as assigned
Education and Work Experience:
- 3-5 years-experience in a Property & Casualty workspace with an Insurance Broker, Carrier, Managing General Agent or a Retail Property & Casualty Insurance Agency and/or an Insurance Degree from an accredited college specific to a focus on the insurance/financial business sector (i.e. RMI Degree).
Knowledge Skills & Abilities:
- Strong customer service skills
- Ability to maintain confidentiality
- Capacity to analyze information and mathematical aptitude
- Knowledge of all applicable rating systems
- Knowledge of all underwriting and rate/rule manuals
- Proficiency in on-line reference manuals
- Knowledge of underwriting principles
- Knowledge of policy forms
- Ability to recognize exposure to loss
- Research skills
- Attention to detail
- Decision making
- Coordination
- Ability to multi-task, prioritize, make quick decisions and be flexible in a fast-paced environment
- Computer experience a must, MS Word & Excel experience required
- Minimum 50wpm typing speed
- Team Player and Mentor to UWI
- Excellent oral and written communication skills
- Exceptional interpersonal skills
- Interest in selling products and services based on customer needs
- Ability to clearly and effectively present (both written and verbal) to external business partners, management and internal business partners, and maintain professional business appearance.
- Exhibits a professional appearance when representing the organization during agency visits or business meetings.
- Strong knowledge of the Property-Casualty Industry.
- Knowledge of Commercial Lines Products - ability to differentiate J&J products/services from competitors.
- Strong negotiation skills.
Typical Physical Demands:
- Must be able to lift-up to 25 lbs., must be able to sit for long periods of time, must be able to drive a motor vehicle.
