Underwriter in Schaumburg, Illinois at Anchor Group Mgmt

SUMMARY

Anchor Group Management Inc. is looking for a Commercial Underwriter to join our team. This position will report directly to the Underwriting Manager and will be responsible for reviewing, documenting and analyzing commercial auto risks in accordance with guidelines established by our carrier partners

Demonstrates ability to independently review and approve applications submitted and renewals in accordance with carrier guidelines, procedures and delegated authority.

Responds to referrals or traditional submissions from broker partners through point-of-sale system within standard timeframes.

Determines appropriate pricing by either applying predictive model results or recommended deviation in conjunction with Underwriting leadership.

Established proficiency with loss rating, composite rating and other non-traditional rating methods.

Prepares quotes, issues policies and follows up for completion of quote subjectivities.

Prescreening of renewal business and makes recommendations for non-renewal.

Ability to work autonomously and think creatively.

Accountability for results of assigned Territory and/or Brokers. Must be able to understand cause and effect of any adverse result and make recommendations to management for an effective solution.

Keep current with changing trends, economic indicators, competitors and state regulations.

Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, participating in professional societies.

Contribute to team effort by accomplishing established department goals.

Other duties as assigned.

Bachelor’s Degree or equivalent work experience

Minimum of 1-year Commercial Auto Underwriting experience.

Demonstrated knowledge of Underwriting principles and ISO rules.

Ability to manage, prioritize and perform multiple tasks and projects while maintaining workload.

Effective interpersonal, communication and time management skills.

Ability to work collaboratively with our internal and external customers.

Knowledge of Microsoft Office products including Word and Excel.

Ability to travel overnight 10% of the time.

Benefits

Medical, Dental, Vision, FSA and HSA Plans, Employer annual contribution to HSA plan

Employer sponsored basic life and basic life AD&D insurance, short term disability

Voluntary life insurance

Voluntary long-term disability

Voluntary Ancillary benefits: Accident-Hospital-Critical Illness

401K/401K employer match with Fidelity

Transportation stipend