Sr. Renewal Underwriter

Responsibilities The Renewal Underwriter is focused on achieving underwriting excellence, ensuring profitability, and maintaining alignment with our strategic portfolio objectives. Responsible for the profitability, growth and/or retention of assigned book of business and assigned renewal underwriters. Evaluate and process insurance renewals, demonstrate functional technical knowledge of underwriting concepts, practices, procedures and techniques to include coverage issues, product lines, relevant systems and competition in the marketplace. Manage relationship with assigned producers to manage submission, quote and bind activity and deliver on service commitments established by the designated Service Level Agreement (SLA). Manage agency relationships which includes creating, driving and execution of strategies for renewal accounts (prospective bookmanagement, executes on the mix strategy, low strategy, territorial and agency sales plans, etc.) Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis based on risk complexity to accept, decline, modify, or rate and quote accounts. Underwrite and skillfully negotiate accounts to minimize risk and maximize profitability. Underwrites within individual authority level. Review and assess renewal applications to determine the risk and eligibility of clients. Generate quote proposals and deliver to producers; negotiate final terms leading to binding. Utilize underwriting guidelines and actuarial data to assess risk levels. Make recommendations on coverage terms, conditions, and pricing. Ensure timely processing of renewal policies. Prepare policy documents, endorsements, and provide instructions for policy issuance. Handle endorsement requests to ensure timely processing. Work closely with other underwriters, claims adjusters, and risk management teams to ensure comprehensive coverage solutions for clients. Adhere to all regulatory and compliance requirements. Maintain accurate records and documentation. Stay updated on industry trends, regulatory changes, and best practices. Participate in ongoing training and professional development. Assist and/or mentor other members of the department including underwriters, assistant underwriters, and Operations team members as warranted. May perform other functions as assigned. Remote candidates outside the Minneapolis and Chicago metro areas will be considered for this role, provided they are well qualified and willing to travel frequently. Qualifications Minimum of 3 years of multi-line underwriting and marketing experience. Knowledge of insurance rating, structure, forms, and coverages. Ability to maintain confidential information. Strong interpersonal, presentation and negotiation skills to include the ability to affirmatively close sales. Exceptional verbal and written communication skills. Strong decision-making skills. Strong PC and keyboarding skills, including working with MS Excel, Word and PowerPoint. Valid driver’s license and safe driving record required. Education Four-year college degree or equivalent experience. Benefits The Company is an equal employment opportunity employer. We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees including: Base Salary Range: $75k-$110k Benefits include Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. Travel Limited Sponsorship Sponsorship not Offered for this Role #J-18808-Ljbffr