Group Underwriter jobs in Maryland

Group Underwriter reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Group Underwriter calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Group Underwriter may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Group Underwriter work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Group Underwriter typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Commercial Underwriter (Middle Market)
  • Harford Mutual Insurance Group
  • Bel Air, MD OTHER
  • Job Details

    Level:    Experienced
    Job Location:    Home Office - Bel Air, MD
    Position Type:    Full Time
    Education Level:    4 Year Degree
    Salary Range:    Undisclosed
    Travel Percentage:    Up to 25%
    Job Category:    Insurance

    Description

    WHO WE ARE:

    Harford Mutual Insurance Group is a growing, dynamic community partner located in Bel Air in Harford County, Maryland, offering a positive, diverse, and inclusive work environment with a rich company culture. We provide commercial property and casualty insurance products and services to a regional market. Founded in 1842 on the principles of mutuality for our business clients, our agents, and our company, we believe in insuring opportunity through mutual success® and invite our employees to continue that tradition with respect, integrity, exemplary service, and personal responsibility.

     

     

    THE OPPORTUNITY

    This position analyzes new and renewal commercial risks for Middle Market accounts and decides whether to provide coverage and if so under what conditions.  This position will also focus on developing the relationships with producers and by focusing on the sales aspect of Underwriting.   The basic objective is to meet or exceed company defined loss ratio and production objectives. This position must have knowledge of forms, coverages, underwriting guidelines and reinsurance limits.  The Middle Market underwriter serves as a vital link between company personnel, independent agencies and vendors through periodic visits supported by telephone and written communication.

     

     

    WHAT YOU’LL DO:

    • Solicit, underwrite and sell new business accounts within framework of company underwriting guidelines.
    • Evaluate renewal accounts by reviewing experience, correspondence and inspections to determine if the account should be non-renewed, renewed, or modified.
    • Service accounts as result of requests for action or information received by phone, mail, or in person from agents and policyholders in order to develop and maintain sound working relationships with agents.
    • Establish and maintain pipeline of new business accounts as well as identify cross sell and up sell opportunities.
    • Provide recommendations (which are requirements for continuation of coverage) to agents on certain risks based on inspection reports and control compliance through follow-up with agents.
    • Review and analyze claim reports and decide if cause of loss requires underwriting action and if so, notify agent of decision.
    • Complete file documentation according to company requirements.
    • Submit selected risks for reinsurance based on the line of business, size and type of risk involved, and the reinsurance agreement we have with the reinsurer.
    • Provide training, guidance, and counseling to commercial business service staff.
    • Frequently meet with assigned agents to develop and maintain relationships.
    • Maintain links with professional organizations, other company agents and personnel, etc. to stay abreast of changing market conditions.
    • Work in unison with agents and other departments to grow and maintain a profitable book of business.
    • Stay current on state issues, regulations and trends.
    • Participate in the review and analysis of agency performance.
    • 20% - 30% travel is required for the assigned territory
    • Performs other duties or special projects as required or as assigned by a supervisor.

     

     

    WHAT YOU’LL BRING:

    • Bachelor's degree
    • Risk and Insurance Management degree preferred
    • Minimum of 3 years of commercial lines underwriting and/or marketing experience
    • Previous experience in writing middle market sized accounts is a plus
    • Completion or participation in AU or CPCU program

     

     

    WHO YOU ARE:

    • Ability to work with mathematical concepts such as probability and statistical inference
    • Strong collaborating skills, and an ability to work effectively both independently and as part of a team
    • Comfortable in a fast-paced environment with frequent deadlines; high energy, self-motivated and proactive
    • Excellent communication and interpersonal skills
    • Ability to multitask, and be flexible with regard to workload and assignments
    • Ability to exercise judgment
    • Knowledge of workflow procedures and processes
    • Ability to listen, analyze and negotiate

     

    Visit our Careers Page for more information on our competitive compensation/benefits packages.


  • 1 Month Ago

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Underwriter
  • Dominion Financial Services
  • Baltimore, MD FULL_TIME
  • Job Description:Dominion Financial Services (DFS) is a single-family investment real estate mortgage originator. DFS originates two main loan products – a short term bridge loan for fix & flip investo...
  • 6 Days Ago

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Risk Underwriter
  • AZGROUPPROD
  • Baltimore, MD FULL_TIME
  • Job Purpose: Ensures most effective credit limit service in term of quality of decision, turnaround time and communication toward customers. Attracts new customers/prospects by quality of service and ...
  • 3 Days Ago

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Mortgage Underwriter
  • Capital Bank MD
  • Rockville, MD FULL_TIME
  • DescriptionAbout UsCapital Bank N.A. is the fifth largest bank headquartered in Maryland, serving our communities since 1999. We offer commercial and consumer banking services to clients in the DC met...
  • 13 Days Ago

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Senior Underwriter
  • NewPoint Real Estate Capital LLC
  • Chevy Chase, MD FULL_TIME
  • The Senior Underwriter is responsible for managing the underwriting process while ensuring credit quality and underwriting compliance with Fannie Mae and Freddie Mac Multifamily guidelines. The Underw...
  • 14 Days Ago

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Mortgage Underwriter
  • Capital Bank, N.A.
  • Rockville, MD FULL_TIME
  • About Us Capital Bank N.A. is the fifth largest bank headquartered in Maryland, serving our communities since 1999. We offer commercial and consumer banking services to clients in the DC metro area, a...
  • 17 Days Ago

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AVP, Group Underwriting
  • Kansas City Life Insurance Company
  • Kansas City, MO
  • QUALIFICATIONS/REQUIREMENTS: At least 15 years of experience in group dental, life and disability products risk selectio...
  • 3/28/2024 12:00:00 AM

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Underwriting Manager, Oregon - Large Group
  • Cambia Health Solutions, Inc
  • Portland, OR
  • Underwriting Manager, Oregon - Large Group Work Remotely from Oregon, Washington, Idaho or Utah Primary Job Purpose The ...
  • 3/28/2024 12:00:00 AM

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Senior Claims Specialist/Senior Claims Technical Director
  • Great American Insurance Group
  • Tulsa, OK
  • Mid-Continent Group underwrites specialty commercial insurance and contract surety products. Mid-Continent Group special...
  • 3/28/2024 12:00:00 AM

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Head of Surety, North America
  • PartnerRe
  • Stamford, CT
  • PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and streng...
  • 3/28/2024 12:00:00 AM

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Senior Underwriting Consultant
  • MetLife
  • Atlanta, GA
  • Location: Atlanta, GA Alternative Location: Aurora, IL/ Bridgewater, NJ/ Tampa, FL/ Charlotte, NC Work Schedule: Hybrid ...
  • 3/27/2024 12:00:00 AM

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Group Underwriter
  • Sidecar Health
  • Atlanta, GA
  • Sidecar Health is redefining health insurance. Our mission is to make excellent healthcare affordable and attainable for...
  • 3/27/2024 12:00:00 AM

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Life Insurance Financial Analyst
  • Winged Keel Group
  • Atlanta, GA
  • Firm Summary: Winged Keel Group is an independent life insurance brokerage firm that creates and implements tax-efficien...
  • 3/24/2024 12:00:00 AM

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Health Benefits Quoting & Sales Coordinator
  • Black, Gould & Associates
  • Phoenix, AZ
  • With a background in health benefits insurance, you can have a career with Black, Gould & Associates! As a liaison betwe...
  • 3/24/2024 12:00:00 AM

Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east. The state's largest city is Baltimore, and its capital is Annapolis. Among its occasional nicknames are Old Line State, the Free State, and the Chesapeake Bay State. It is named after the English queen Henrietta Maria, known in England as Queen Mary. Sixteen of Maryland's twenty-three counties border the tidal waters of the Chesapeake Bay estuary and...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Group Underwriter jobs
$57,755 to $74,800

Group Underwriter in Lincoln, NE
The underwriter accepts all the risk and uses past claims along with demographics, trend factors and inflation factors to estimate future claims and arrive at a premium.
January 02, 2020
Group Underwriter in Tucson, AZ
We do, however, offer opportunities to get connected, and be mentored through our various ARGs (Associate Resource Groups).
December 30, 2019
Group Underwriter in Lubbock, TX
Responsible for determining acceptability of insurance risks and appropriate premium rates for renewal and prospect employer groups in accordance with corporate underwriting guidelines and authority limits.
February 05, 2020