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Position Description: This is a New Business (Production) only role with a heavy focus on Commercial Auto
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).
Our culture is one that empowers and encourages employees to be innovative, collaborative, and forward-thinking. If you are interested in being a part of a growing, entrepreneurial spirited organization, wed love to hear from you!
About the Position
We are seeking an experienced P&C Commercial Lines Underwriter with specialized knowledge in the construction industry to join our SitePro Program. As a Commercial Lines Underwriter, you will play a pivotal role in assessing and underwriting various lines of commercial insurance policies (Commercial Auto heavy), with a primary focus on serving clients in the construction sector. Your expertise in commercial insurance and understanding of the unique risk exposures associated with the construction industry will enable you to effectively evaluate risks, develop coverage terms, and ensure the profitability and success of our business. If you have a deep understanding of commercial lines insurance, experience working with construction companies, and a passion for providing exceptional service, we invite you to apply.
What You'll Do
Within compliance of the program guidelines profitably underwrite and grow an assigned book of new 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.
Analyze loss history, claims data, and other relevant information to make informed underwriting decisions and develop appropriate coverage terms and conditions.
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.
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 We're Looking For
Education
Bachelors Degree or equivalent work experience.
Successful completion of technical insurance coursework toward such designations as CPCU, ARM and AU is preferred.
Experience
5+ years of multiline commercial underwriting experience with focus on construction accounts.
MGA experience highly desirable.
Familiarity with multiple rating and issuance systems.
Competencies
Results and goal driven mentality with strong problem-solving abilities.
Exceptional customer service orientation with the ability to create and strengthen internal and external relationships.
Ability to efficiently analyze large fleets and large driver schedules.
Familiar with auto composite rating and DOT filing requirements.
Ability to negotiate New Business terms and conditions based on underwriting guidelines.
Ability to operate independently but collaborate when necessary.
Ability to operate within Underwriting Guidelines and refer accounts when necessary.
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.
Willingness to explore different underwriting solutions to provide our clients with the highest level of service.
Working knowledge of Microsoft Office applications.
What You'll Receive
At NIP Group, we recognize there are many factors that contribute to your overall satisfaction both at work, and in your personal life. For that reason, we provide a perfect mix of compensation, benefits, company culture, and resources to ensure your everyday happiness. Below are some benefits that youll receive.
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 Health and Dependent Care Spending Accounts to ease taxes on spending.
Discounts in retail and entertainment.
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).
Our culture is one that empowers and encourages employees to be innovative, collaborative, and forward-thinking. If you are interested in being a part of a growing, entrepreneurial spirited organization, wed love to hear from you!
About the Position
We are seeking an experienced P&C Commercial Lines Underwriter with specialized knowledge in the construction industry to join our SitePro Program. As a Commercial Lines Underwriter, you will play a pivotal role in assessing and underwriting various lines of commercial insurance policies (Commercial Auto heavy), with a primary focus on serving clients in the construction sector. Your expertise in commercial insurance and understanding of the unique risk exposures associated with the construction industry will enable you to effectively evaluate risks, develop coverage terms, and ensure the profitability and success of our business. If you have a deep understanding of commercial lines insurance, experience working with construction companies, and a passion for providing exceptional service, we invite you to apply.
What You'll Do
Within compliance of the program guidelines profitably underwrite and grow an assigned book of new 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.
Analyze loss history, claims data, and other relevant information to make informed underwriting decisions and develop appropriate coverage terms and conditions.
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.
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 We're Looking For
Education
Bachelors Degree or equivalent work experience.
Successful completion of technical insurance coursework toward such designations as CPCU, ARM and AU is preferred.
Experience
5+ years of multiline commercial underwriting experience with focus on construction accounts.
MGA experience highly desirable.
Familiarity with multiple rating and issuance systems.
Competencies
Results and goal driven mentality with strong problem-solving abilities.
Exceptional customer service orientation with the ability to create and strengthen internal and external relationships.
Ability to efficiently analyze large fleets and large driver schedules.
Familiar with auto composite rating and DOT filing requirements.
Ability to negotiate New Business terms and conditions based on underwriting guidelines.
Ability to operate independently but collaborate when necessary.
Ability to operate within Underwriting Guidelines and refer accounts when necessary.
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.
Willingness to explore different underwriting solutions to provide our clients with the highest level of service.
Working knowledge of Microsoft Office applications.
What You'll Receive
At NIP Group, we recognize there are many factors that contribute to your overall satisfaction both at work, and in your personal life. For that reason, we provide a perfect mix of compensation, benefits, company culture, and resources to ensure your everyday happiness. Below are some benefits that youll receive.
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 Health and Dependent Care Spending Accounts to ease taxes on spending.
Discounts in retail and entertainment.
