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Underwriter in Schaumburg, Illinois at Anchor Group Mgmt

Anchor Group Mgmt
Schaumburg, Illinois, 60173, United States
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Job Description

  • 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.

Job Location

Schaumburg, Illinois, 60173, United States

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