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Remote

Production Underwriter - Eastern PA Territory

GNY Insurance Companies
United States, New Jersey, Edison
March 16, 2024
Job Details
Level
Experienced
Job Location
NEW JERSEY - EDISON, NJ
Remote Type
Hybrid
 
Job Category
Insurance
Description

Territory - Eastern, PA. Required to visit the Edison, NJ location one week per quarter.

Position Summary: The Production Underwriter develops and fosters positive, professional relationships with the company's agency partners, as well as achieves company growth and profitability objectives. This employee is expected to exhibit a high level of technical expertise, while exercising sound judgment, and delivering consistent results.



Essential Duties and Responsibilities:

  • Selects new business in accordance with company underwriting philosophy, established authority parameters, as well as written/verbal procedures and guidelines.
  • Demonstrates a professional, courteous attitude with agents. Responds quickly and ethically to all requests/issues. Delivers on promises and promises only what can be delivered.
  • Provides accurate and thorough education to agents about the company's risk selection philosophy and pricing guidelines.
  • Monitors performance criteria, including premium and unit count goals, mix of business, written-to-quoted ratio, and declination ratio of assigned agencies and territory.
  • Achieves company growth objectives by recognizing sales opportunities, soliciting desirable business, and diligent follow-up on quoted business.
  • Travels to agencies providing field underwriting and quoting as needed.
  • Reviews claims activity, loss control surveys, and inspection reports for existing policies, handling as required.
  • Works with other departments as necessary to resolve policy issues.
  • Investigate opportunities to appoint additional agencies that present above average business opportunities for GNY. Likewise, effectively address underperforming GNY agents, and take necessary steps, including termination if necessary.
  • Work diligently to gain a solid understanding of marketplace and competitor conditions.
  • Determines the appropriate course of action for policy changes, delegating to assistant underwriters and/or processing assistants for handling.
  • Participates in special projects and performs additional duties as required.

Qualifications
Education and Experience:

  • Bachelors degree required.
  • 7 or more years commercial multi-line and/or package underwriting experience required; workers compensation and casualty experience preferred.
  • Excellent computer skills and working knowledge of Microsoft 365.
  • Completed or in process of completing a Professional Designation such as CPCU, CIC, ARM preferred.
  • Experience with ImageRight preferred.



Skills:

  • Excellent verbal and written communication skills required.
  • Strong organizational and time management skills required.
  • Proficient negotiation and analytical skills required.
  • Demonstrated ability to exhibit sound judgment and decision making as per company underwriting guidelines and philosophy.



Other Requirements:

  • Valid drivers' license with the ability to travel including the possibility of some overnight trips depending on the territory assigned.


  • Ability to work independently and travel extensively by car within a given territory.


The salary range for this role is $74,600 - $145,500. The listed annual salary range posted for this position is subject to change and may vary depending on performance, education, experience, skills, geographic location, travel requirements, demonstrated proficiency in the competencies required for the role and business needs. Base pay is just one component of GNY's total compensation package for employees. Other rewards include eligibility for an annual discretionary bonus based on performance.


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