Maryland Auto Insurance is seeking a motivated and organized individual for our Commercial Underwriting unit. Qualified candidates must be able to implement Underwriting strategy by assisting with business development and growth through building relationships with producers and applying sound decision-making to underwrite business.
Job duties include:
- New business production, renewal retention and the overall oversight of the Commercial Auto portfolio
- Review, evaluate, and price business by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
- Underwrite insurance risks in accordance with the business plan and the personal authority to meet business objectives including negotiating terms and conditions for existing and new business, managing production and issue of contract documentation, ensuring compliance with internal and external regulations and guidelines, and ensuring contribution to the business plan and objectives
- Participate in the review and analysis of the portfolio to identify progress toward business objectives
- Make entries as required, properly and promptly, in underwriting systems to ensure accuracy of data in relation to underwriting and quoting
- Research and obtain market intelligence in order to enhance organizational goals
- Adhere to underwriting standards, instructions, and good practices to minimize risk and maximize efficiency
- Understand and comply with any reinsurance requirements to minimize risk and to deliver plan objectives
- Establish and maintain relationships with producers and customers to understand their needs and sell projects that respond to their needs
- Foster strong partnerships with customers by informing on new products and programs, communicating opportunities for continuous improvement, and clarifying and explaining underwriting decisions to ensure understanding of goals and objectives
- Serve as a liaison between internal and external customers to obtain information and share this information with the appropriate personnel at Maryland Auto
- Contribute to assigned special projects as assigned
- Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance
- Perform other duties as required by management
Requirements:
Qualified applicants will possess a bachelor degree and at least four years of commercial underwriting experience working for an insurance company, agency or broker. Additional experience may be substituted for the college education at a rate of one year of experience for 30 college credits.
Additional Information:
This position reports to an Underwriting Supervisor and does not supervise other employees. Duties of this position may require work during evenings, weekend, or holidays. Additional hours worked, with supervisory approval, will be compensated as compensatory time.
Maryland Auto Insurance, a Property & Casualty insurance carrier and independent agency of the State of Maryland, is located in the charming Locust Point neighborhood of Baltimore. We offer an excellent benefit package, including comprehensive health and dental coverage, pension plan, 401(k) plan, and an incentive program tied to strategic corporate and departmental goals.
Closing Date:
Resumes or applications must be received by close of business on Wednesday, January 3, 2018.
To Apply:
For consideration, email your resume and cover letter with salary requirements to resumes@marylandauto.net before the closing date.
You may also complete and submit the Maryland Auto Application for Employment, online.
Maryland Auto Insurance is a drug-free workplace and an equal opportunity employer, committed to diversity in the workplace. We do not discriminate on the basis of race, color, religion, age, sex, marital status, national origin, physical or mental disability, familial status, genetic information, gender identity or expression, sexual orientation, or any other characteristic protected by State or federal law. Applicants who need an ADA Accommodation for an interview should request the accommodation when notified of a request to be interviewed. Applicants must be United States citizens or eligible to work in the United States.
