Underwriter
Job Code : 1463
Division : Burns & Wilcox
Location : Rancho Cordova CA US 95670
Metropolitan Area : Sacramento
Career Level : Experienced (Non-Manager)
Education : Bachelor’s Degree
Category : Accounting/Finance, Sales/Retail/Business Development, Banking/Real Estate/Mortgage Professionals, Marketing/Product, Underwriting, Broker
Job Description :
WHO WE ARE:
Burns & Wilcox is a dynamic industry leader in the specialty insurance and brokerage business. With multiple sales offices located throughout the US, we are the largest specialty insurance wholesaler in North America.
Coastal property, the windmill powered farm, the famous pianist’s hands, the huge concert venue; these are just a few of the types of coverage that can be underwritten at Burns & Wilcox. Our brand pillars exemplify our determination and creativity. Our employees are smart, broad, quick and agile. We always go the extra mile to meet the specialized needs of our agents and agencies.
We are recognized around the world for our underwriting and brokerage expertise in specialty lines, professional and commercial liability, and property and personal lines. Our employees feel part of an extended family, enjoying a strong team-oriented culture and a friendly working environment.
Burns & Wilcox is committed to being at the forefront of the specialty insurance industry. Consistently profitable, Burns & Wilcox has experienced significant growth over the last several years.
At Burns & Wilcox, we value smart people, smart products, and smart solutions. We invite you to consider joining our winning team!
THE JOB OPPORTUNITY:
Underwriter
WE OFFER THE SUCCESSFUL CANDIDATE THE OPPORTUNITY TO:
• Underwrite new and renewal business for insurance company partners based on underwriting authority and contract guidelines
• Underwrite multi-line accounts for multiple classes of business
• Produce business in assigned territories
• Access the breadth of products and markets at Burns & Wilcox
• Participate in a highly lucrative sales incentive plan
WE EXPECT THE SUCCESSFUL CANDIDATE TO:
• Evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing
• Apply appropriate quality underwriting and risk selection on quoted business
• Develop and submit underwriting referrals, where required, to company brokerage facilities and Burns & Wilcox management
• Manage relationships with retail agents
• Develop and execute marketing plan to drive new business, including in-person visits, telemarketing and distribution of marketing materials
• Monitor key metrics, such as, new business hit ratio, renewal retention ratio, premium growth, and loss ratio, formulating corrective action where necessary
• Use cutting-edge technology to deliver high quality service to agents and agencies
• Mentor and train Assistant Underwriters, as needed
• Enter computer data of quotations, binders and related support documents
QUALIFICATIONS:
• Bachelor’s degree or equivalent combination of education and experience
• Minimum 3 years of Multi-line Underwriting experience
• Excess and Surplus Lines Underwriting experience preferred
• Insurance license preferred
COMPENSATION:
Competitive compensation and benefits package available to successful candidates.
Job Type : Full Time
Tags: mortgage, mortgage jobs, underwriter job, underwriting
