What are the responsibilities and job description for the Commercial Underwriter position at Risk Point, A Risk Theory Company?
Company Description
Risk Point, a member company of Risk Theory, is a leading managing general underwriter specializing in Automobile Dealer Physical Damage and Garage Package Coverage for both franchised and non-franchised dealerships nationwide. Backed by insurers rated A- by A.M. Best & Company, Risk Point offers tailored non-admitted coverage and pricing solutions. Their comprehensive programs feature an aggregate weather deductible and in-house claims services, ensuring competitive rates and quality service. The company is driven by industry veterans and committed to addressing the unique needs of dealerships.
Role Description
This is a full-time, on-site role for a Commercial Underwriter based in Dallas, TX. The Commercial Underwriter will assess and evaluate risks, analyze financial data, and determine appropriate coverage and pricing. Responsibilities include underwriting new and renewal policies, collaborating with brokers and agents, ensuring compliance with company and regulatory guidelines, and contributing to the overall profitability and growth of the business.
Qualifications
- Strong background in Underwriting and Insurance principles, including risk assessment and policy development.
- Proficiency in Finance and Loans to evaluate financial statements and make data-driven decisions.
- Excellent Analytical Skills for interpreting data and identifying risk factors.
- Effective communication and decision-making abilities to collaborate with brokers, agents, and internal teams.
- Experience in commercial insurance or a related field is highly desirable.
- Bachelor’s degree in business, finance, or a related field is preferred.
- Familiarity with regulatory requirements and compliance standards in the insurance industry.