Renewal Underwriter

Renewal Underwriter

At Gallagher, we help clients face risk with confidence because we believe that when businesses are protected, they're free to grow, lead, and innovate. You'll be backed by our digital ecosystem: a client-centric suite of consulting tools making it easier for you to meet your clients where they want to be met. Advanced data and analytics providing a comprehensive overview of the risk landscape is at your fingertips. Here, you're not just improving clients' risk profiles, you're building trust. You'll find a culture grounded in teamwork, guided by integrity, and fueled by a shared commitment to do the right thing. We value curiosity, celebrate new ideas, and empower you to take ownership of your career while making a meaningful impact for the businesses we serve.

Breckenridge Insurance, now a part of Gallagher, offers ready-access to a team of collaborative experts that solve problems for independent agents and brokers nationally. We are equally committed to our global carrier partners and sound underwriting practices to deliver competitive, smart coverage solutions. Our team is extremely specialized, passionate and highly invested in each one of our partnerships with insurance agents, brokers and carriers. If you're interested in a refreshing, bureaucracy-free environment where we celebrate and recognize diverse employees, look no further.

As part of Gallagher, a global leader in insurance, risk management, and consulting, you'll be joining a team that's passionate about helping individuals and organizations. Breckenridge has an exciting career opportunity for a Renewal Underwriter. The Renewal Underwriter is responsible for working with retail agents and carriers to obtain specialized insurance coverage for insureds. The Underwriter will meet growth, profit and production initiatives by developing positive and productive business relationships with retail agents, producers, carriers, co-workers and others.

How you'll make an impact:

• Manage a book of new and renewal accounts within assigned territory by evaluating the viability of accounts through opportunity assessment and requesting information from retail agents as needed to ensure a thorough and accurate review of accounts.
• Underwrite accounts based on designated contract authorities and/or submit risks to carriers to consider risks outside of authority.
• Review requests to bind coverage to ensure accuracy before processing.
• Set and attain goals for book management including but not limited to, production, agency visits, product updates, collection issues, hit ratios, legal environment, market changes.
• Manage and cultivate existing relationships with business partners (retailer and carrier based) to secure and expand recurring revenue streams.
• Ensure individual production goals are met, making course corrections as needed.
• Provide timely and accurate monthly and quarterly forecasting to the Regional VP.
• Participate in and support an interdependent cross sell environment
• Provide effective communication, supervision, and development of support staff, including performance reviews and salary recommendations.
• Participate in recruiting efforts of personnel such as new brokers, underwriters and support staff.
• Manage the day-to-day efforts of support staff and ensure smooth functioning, cohesive production units, including reviewing and approving expenses for direct report.
• Implement and enforce policies and procedures of the organization.
• Participate in and support specialty focus teams.
• Effectively offer solutions to business challenges inside area of focus.
• Maintain increasing knowledge of insurance industry markets, products, and legal environments, via continuing education, seminars, and self-study, to provide a value-added service to producers.
• Participate in industry trade association events such as Target Markets, NAPSLO, AAMGO, PLUS, etc.

Compensation: The target salary range for this position is $50,000 to $62,000 (US Dollar) annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.

About You Required: Bachelor's degree in related field and two years of relevant experience, or equivalent combination of education and experience. Current Property and Casualty license required (or ability to obtain within 90 days of employment). Highly developed problem solving and solution-design skills; strong written and verbal communication skills. Demonstrated leadership through client support and advocacy skills, as well as the mentoring and guidance of more junior employees. Highly proficient in use of Microsoft Office or similar software, including spreadsheet and presentation software. Skilled in use of agency management software with the ability to quickly learn new systems and processes.

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you'll get, depending on your job level these benefits may improve: Medical/dental/vision plans, which start from day one! Life and accident insurance 401(K) and Roth options Tax-advantaged accounts (HSA, FSA) Educational expense reimbursement Paid parental leave Other benefits include: Digital mental health services (Talkspace) Flexible work hours (availability varies by office and job function) Training programs Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing Charitable matching gift program And more...

We value inclusion and diversity. Inclusion and diversity is a core part of our business, and it's embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest. Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.