Company

NIP Group, Inc.See more

addressAddressWoodbridge, NJ
type Form of workOther
CategoryEducation/Training

Job description

Job Description

Position Description: Who We Are:NIP Group www.nipgroup.com is a rapidly growing insurance service provider of specialty programs for commercial insurance brokers and carriers providing underwriting, distribution, product management, administration, and risk management services primarily by acting as a managing underwriter (MGA) and a Reciprocal Services Manager (RSM).
Who You Are:
Service New Business and renewals for all property and casualty lines of business in alignment with underwriting portfolio strategy.What You'll Do:Within compliance of the program guidelines profitably underwrite and grow an assigned book of new and renewal commercial business including both property and casualty lines of coverage.
Create value added solutions including negotiating customized coverage, terms, and conditions to enhance NIPs reputation as the industry expert in targeted niche industries.
Maintain an established loss ratio objective and meet assigned production goals.
Develop and nurture profitable relationships with the assigned agents and brokers by providing highly responsive and exceptional service.
Efficiently prepare comprehensive underwriting referrals to Staff Underwriting and/or Carrier partner.
Maintain individual underwriting account files to remain in compliance with NIP file integrity standards.
Work with Program Manager to achieve New Business production goals and renewal retention strategies.
Participate in marketing events to promote the NIP brand within selected niche industries.
Operate with the highest level of accuracy in alignment established workflows and offer suggestions on potential efficiency improvements.
What You Bring:Bachelors Degree or equivalent work experienceSuccessful completion of technical insurance coursework toward such designations as CPCU, ARM and AU is preferred.5+ years of multiline commercial underwriting experience with focus on construction accountsMGA experience highly desirableFamiliarity with multiple rating and issuance systemsResults and goal driven mentality with strong problem-solving abilitiesExceptional customer service orientation with the ability to create and strengthen internal and external relationshipsAbility to execute renewal rate and retention measurements based on underwriting guidelines. Ability to negotiate renewal terms and conditions. Ability to operate independently but collaborate when necessary. Ability to operate within Underwriting Guidelines and refer accounts when necessary. Financial Statement Review Capabilities. High level detail including maintaining underwriting file documentation. Excellent technical, verbal and written communication skills Strong organizational skills, integrity and follow through
Resourceful, independent thinker with the desire to be part of a high-performance team and culture
Working knowledge of Microsoft Office applications
What We Offer:
At NIP Group, we recognize there are many factors that influence your overall satisfaction both at work, and in your personal life. Under our You, Supported program, we provide a perfect mixture of compensation, benefits, company culture, and resources to our employees that help you reach a happier, more balanced life. Some of these offerings include:
Competitive compensation to reward you for your hard work every day.
Progressive Paid-Time Off program for you to enjoy time out of the office, including time off for volunteering and life events.
Group Medical, Dental, Vision and Life insurance to encourage a healthy lifestyle
Pretax Spending Accounts to ease taxes on health and dependent care expenses.
Discounts in retail and entertainment.
Refer code: 7696228. NIP Group, Inc. - The previous day - 2024-01-05 08:08

NIP Group, Inc.

Woodbridge, NJ
Popular Business Underwriter jobs in top cities
Jobs feed

RN Clinic Triage

Ridgeview Medical Center

Excelsior, MN

$74.3K - $94.1K a year

Help Desk Analyst

Aci Federal™

Remote

$30.00 - $32.21 an hour

Head Baker

Nouvé Bakery

Lexington, MA

$30 - $40 an hour

IT Help Desk

Rho Business Banking

New York, NY

$83,000 - $95,000 a year

QA Strategist / Architect - FS317

Fresche Solutions

Franklin, MA

$119K - $151K a year

Luxury High-rise Residential Concierge

Americas Hospitality Group

Houston, TX

$12 - $15 an hour

Lineworker (ALTP)

Eversource

Epping, NH

$44.90 an hour

Dog Walker

Zoomies Pet Services

Dover, NH

From $16 an hour

Account Strategist

Accenture

Atlanta, GA

Share jobs with friends

Related jobs

New Business Underwriter (Fully Remote)

Small Business Underwriter/ Sr. Small Business Underwriter (Hybrid/Remote)

Selective Insurance Company of America

$52,700 - $99,800 a year

Branchville, NJ

4 months ago - seen

New Business Underwriter, SitePro (Fully Remote)

NIP Group, Inc.

Woodbridge, NJ

5 months ago - seen

Small Business Underwriter/ Sr. Small Business Underwriter (Hybrid)

Mesa Underwriters Specialty Insurance

Trenton, NJ

5 months ago - seen

Small Business Underwriter/ Sr. Small Business Underwriter (Hybrid/Remote)

Selective Insurance Group

Branchville, NJ

6 months ago - seen

Small Business Underwriter/ Sr. Small Business Underwriter (Hybrid/Remote)

Mesa Underwriters Specialty Insurance

Branchville, NJ

6 months ago - seen