Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Commercial Lines Underwriter II

$41.25k - $81.25k

Warrior Insurance Network

Job Description

Job Description

We are seeking A Commercial Underwriter to join our team!

The Commercial Lines Underwriter will work independently and collaboratively with the Commercial Account team to provide a high level of customer service to policyholders. Develop new and maintain existing agency relationships. Underwrite new and renewal business focusing on profitability. Contribute to the success of the department in meeting department and company goals.

DUTIES & RESPONSIBILITIES :

  • Responsible for maintaining a high-level knowledge of coverage, exposures, rating plans and state requirements to perform the job
  • Handle and maintain a book of business up to $7MM in Written Premium
  • Underwrite and price new and renewal accounts with proper file documentation in a timely manner
  • Enter new business policies, endorsements, and renewals
  • Manage the financial aspects of accounts sending out monthly billing invoices on certain direct bill accounts, taking phone payments as needed, etc
  • Provide timely responses to agent inquiries
  • Monitor account and agency loss ratios and risk profiles, make recommendations on agency terminations and/or re-underwriting programs
  • Review daily claims and act accordingly to communicate to agents on issues with drivers or accounts.
  • Command full knowledge on rating, pricing, guidelines, and forms for assigned specialty lines of business
  • Mentor and train less experience Commercial Lines Underwriters (Commercial Lines Underwriter I and Commercial lines Junior Underwriter)
  • Forward thinking with new product and business segments or states to enter
  • Maintain and share knowledge of industry trends, market conditions and company programs

QUALIFICATIONS REQUIRED:

  • Proficient in Word, Excel, Power Point
  • Proficient with Industry Resources and databases
  • Working knowledge of carrier billing and processing systems; PTS and AS400 preferred
  • Excellent oral and written communication skills
  • Organized and detail oriented with ability to multi-task
  • Ability to work independently and collaboratively simultaneously
  • Minimum 3 - 5 years of Commercial Lines Multiple Line Underwriting experience with expertise in Commercial Auto (Taxi, Livery, Para Transit) and Commercial General Liability (Contractors and OL&T)
  • Demonstrated knowledge of the property and casualty insurance industry.
  • Excellent organizational and interpersonal skills.
  • Strategic thinker with ability to support the company position
  • Demonstrated knowledge of 1st dollar and deductible pricing strategies

Preferred:

  • College Degree
  • Professional Designations (CPCU, ARM, etc.)

Estimated Compensation Range: $41,250,/year-$81,250/year*

*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.

Job Posted by ApplicantPro
Vacancy posted 19 days ago
Similar jobs that could be interesting for youBased on the Commercial Lines Underwriter II in Chicago, IL vacancy
  • $41.25k - $81.25k

     ...Commercial Lines Underwriter II We are seeking a commercial underwriter to join our team! The commercial lines underwriter will work independently and collaboratively with the commercial account team to provide a high level of customer service to policyholders. Develop... 
    Suggested
    For contractors

    Warrior Insurance Network

    Chicago, IL
    4 days ago
  • $61.2k - $130.68k

     ...Commercial Underwriter II Job Locations US-IL-Chicago | US-MN-Lake Elmo | US-IN-Evansville | US-MN-Minneapolis Category/Function...  ...Bryn Mawr Avenue, Chicago (close to Rosemont and the Blue Line Cumberland station), Palos Heights IL, Deerfield IL, Evansville... 
    Suggested
    Full time
    Work at office
    Flexible hours
    Shift work

    Old National Bank

    Chicago, IL
    3 days ago
  •  ...Credit Underwriter II-Leasing/Global Vendor Finance Chicago, Illinois To proceed with your application, you must be at least 18 years...  ...changes as warranted Required Qualifications: ~3+ years commercial credit underwriting and credit analysis experience ~ Must... 
    Suggested
    Work at office
    Shift work
    Day shift

    Bank of America

    Chicago, IL
    1 day ago
  • $80k - $135k

     ...Credit Underwriter II At Bank of America, we are guided by a common purpose to help make...  ...activities for an assigned portfolio of commercial real estate loans, primarily consisting...  ...performance and contributions of their line of business and/or group; and the overall... 
    Suggested
    Work at office
    Work from home
    Flexible hours
    Shift work
    Day shift

    Bank of America

    Chicago, IL
    4 days ago
  • $84k - $111k

     ...reimagining the way we help customers to manage risk. Join us as an Underwriter II, Energy to play your part in that transformation. It's an...  ...events, and building new relationships across the market - in line with a sales plan established with your manager. Another key... 
    Suggested

    Dormont Manufacturing Co

    Chicago, IL
    2 days ago
  • $84k - $111k

    Underwriter II, Energy At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter II, Energy to play your...  ...events, and building new relationships across the market in line with a sales plan established with your manager. Provide accurate... 

    Role, Inc.

    Chicago, IL
    4 days ago
  • $84k - $111k

    Role, Inc. is seeking an Underwriter II in Chicago to manage risk and assist customers effectively. This position involves underwriting new and renewal business, assessing risks with brokers, and nurturing relationships within the market. The ideal candidate should have... 

    Role, Inc.

    Chicago, IL
    4 days ago
  • $84k - $111k

     ...customers to manage risk. Join us as an Underwriter II, Energy to play your part in that...  ...solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber...  ...Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are... 
    Work at office

    American International Group

    Chicago, IL
    4 days ago
  • American International Group is seeking an Underwriter II, Energy in Chicago, Illinois. In this role, you will be vital in underwriting new and renewal business for the Power and Utility segment, focusing on building relationships with brokers and delivering excellent... 

    American International Group

    Chicago, IL
    15 hours ago
  • $65k - $95k

    Windsor Advantage is seeking an SBA Underwriter II to support lenders in their SBA loan processes. The role involves preparing credit summaries, assessing loan eligibility, and providing expert financial analysis to ensure compliance with SBA guidelines. The ideal candidate... 
    Remote job

    Windsor Advantage

    Chicago, IL
    15 hours ago
  • Allied Benefit Systems, Inc. is seeking a Stop Loss Claims Specialist II to manage medical stop loss claims and ensure reimbursements from carriers. The role involves filing claims, training team members, and liaising with various departments. Ideal candidates will have... 
    Remote job
    Work at office

    Allied Benefit Systems

    Chicago, IL
    3 days ago
  • $24 - $26 per hour

     ...Stop Loss Claims Specialist II-Specific Fully Remote Allied Benefit Systems Overview Salary Range $24.00 - $26.00 Hourly Position Type Full Time Category Claims Description POSITION SUMMARY The Stop Loss Claim Specialist II (Specific) is responsible... 
    Hourly pay
    Full time
    Work experience placement
    Work at office
    Remote work
    Work from home

    Allied Benefit Systems

    Chicago, IL
    1 day ago
  • $90k - $105k

     ...partner. First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts....  ...lower middle market throughout the United States. As an Underwriter Portfolio Manager II, this is an opportunity to work within a small and growing... 
    Work at office

    First Citizens Bank

    Chicago, IL
    15 hours ago
  • $80k - $135k

     ...renewals and new lending opportunities. The analyst supports underwriting, monitoring, and closing of transactions, ensuring compliance...  ...and recommending changes. Required Qualifications 3+ years of commercial credit underwriting and credit analysis experience. Effective... 
    Shift work
    Day shift

    Bank of America

    Chicago, IL
    15 hours ago
  • $87k - $149k

     ...Description: This role is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with...  ...changes as warranted Required Qualifications: 3+ years of commercial credit underwriting and credit analysis experience Effective... 
    Work at office
    Shift work
    Day shift

    Bank of America

    Chicago, IL
    3 days ago
  •  ...creditworthiness and write credit approval memos. The role involves underwriting support, monitoring transactions, ensuring compliance with...  ...The ideal candidate will have over 3 years of experience in commercial credit underwriting, with skills in financial analysis and... 

    Bank of America

    Chicago, IL
    4 days ago
  • $80k - $135k

     ...Analyst to evaluate client creditworthiness and manage credit processes. You will analyze clients' financial performance, assist in underwriting, and support sales teams. Candidates should have 3+ years in credit analysis and strong financial skills. This role is located... 

    NACBA

    Chicago, IL
    3 days ago
  • $80k - $135k

    Bank of America seeks a professional for a Credit Analyst role in Chicago, Illinois. This position is responsible for analyzing clients' credit worthiness and evaluating risks to support lending opportunities. Ideal candidates have a Bachelor’s degree in Finance/Accounting...

    Bank of America

    Chicago, IL
    2 days ago
  • Overview Job Id: 2300 # of Openings: 1 Job Title: Insurance AR Specialist II Your new career awaits you... We are looking for an analytical Accounts Receivable professional to assist in our Revenue Cycle Management department as it receives, processes, and collects... 
    Work at office
    Local area
    Monday to Friday
    Shift work

    Beacon Oral Specialists

    Chicago, IL
    1 day ago
  • $87k - $149k

    Bank of America is looking for a skilled Credit Analyst to support credit underwriting for clients. The role involves leading credit analyses and collaborating with teams to ensure accurate financial evaluations. Candidates should have over 3 years of experience in credit... 
    Full time
    Work at office

    Bank of America

    Chicago, IL
    3 days ago
  • Trustmark in Lake Forest, IL, is seeking an underwriting professional to support medical product risk assessment, review applications and claims experience, and determine premium levels for new and renewing clients. You will apply underwriting guidelines, work with sales... 

    Trustmark

    Chicago, IL
    1 day ago
  • The American Medical Association is seeking a remote Claims Customer Service Representative II to join the AMA Insurance team. This role handles claim calls, provides benefit and premium billing information, and supports carriers to ensure quality service for insureds... 
    Remote job

    American Medical Association

    Chicago, IL
    4 days ago
  • The American Medical Association seeks a Claims Customer Service Representative II for a remote role covering FL, IL, IN and WI. You will provide claim call center support, assist insureds with claim problems by phone or written communication, and coordinate with carriers... 
    Remote job

    American Medical Association

    Chicago, IL
    2 days ago
  • $120k - $170k

     ...$120,000.00/yr - $170,000.00/yr Senior Underwriter – Commercial Casualty – Global P&C Insurance Carrier...  ...platform across commercial and specialty lines, the company offers a dynamic and...  ...days ago Underwriter/Senior Underwriter II - Asset Based Finance Chicago, IL $94,5... 
    Full time

    James Search Group

    Chicago, IL
    1 day ago
  • $75k - $115k

     ...complex renewals as well as new business Develop and submit underwriting referrals to company brokerage facilities and Burns & Wilcox...  ...of education and experience Minimum 3 years of commercial lines underwriting or brokerage experience required, excess & surplus... 
    Worldwide
    Flexible hours

    Burns & Wilcox

    Chicago, IL
    3 days ago
  •  ...insurance and other specialty coverages (cyber, EPLI, service line, home appliances), along with a suite of risk management services...  ...at building relationships? Join our team as a Client Company Underwriter II, where you'll partner with assigned client company... 
    Work experience placement
    Remote work

    Munich Reinsurance America, Inc.

    Chicago, IL
    3 days ago
  • $90k - $120k

     ...the E&S Business Development Underwriter role at Berkley Aspire (a Berkley...  ...making excess and surplus lines business easy to transact. We...  ...Proven success in commercial P&C underwriting with 5+ years...  ...Underwriter/Senior Underwriter II - Asset Based Finance Chicago... 
    Full time
    Work at office
    Work from home
    Flexible hours

    Berkley Aspire (a Berkley Company)

    Chicago, IL
    15 hours ago
  • $90k - $105k

    First Citizens Bank in Chicago is looking for an Underwriter Portfolio Manager II to enhance its growing team. This hybrid position involves managing credits, preparing cash flow models, and conducting industry research to support financing for middle-market companies.... 

    First Citizens Bank

    Chicago, IL
    15 hours ago
  •  .... Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful...  ...as warranted Required Qualifications: ~3+ years commercial credit underwriting and credit analysis experience ~ Must... 
    Work at office
    Shift work
    Day shift

    Bank of America Corporation

    Chicago, IL
    a month ago
  • Munich Reinsurance America, Inc is looking for a Client Company Underwriter II in Chicago. The role entails managing a diverse portfolio, providing equipment breakdown coverage, and fostering relationships with client companies. Strong communication, analytical skills,... 
    Remote job

    Munich Reinsurance America, Inc

    Chicago, IL
    2 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Commercial Lines Underwriter II. Be the first to apply!