Commercial Underwriter jobs in New Jersey

C
Commercial Surety Senior Underwriter
  • Crum & Forster
  • MORRISTOWN, NJ FULL_TIME
  • Crum & Forster Company Overview

    Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies.

    Approaching $4 billion in written premium as of 2021, C&F enjoys a financial strength rating of “A” (Excellent) by A.M. Best.

    C&F is proud of its superior customer service platform and its claims and risk engineering services are recognized as among the best in the industry.

    Our most valuable asset is our people – 3000 employees, and growing, in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning workplace and wellness awards.

    C&F is part of Fairfax Financial Holdings, a global organization with $23.8 billion in revenue as of 2021.

    For more information about Crum & Forster, please visit our website: www.cfins.com.

     

    Job Description

    Senior Underwriter - Commercial Surety

     

    A Senior Underwriter is accountable for Commercial Surety product underwriting that contributes to the achievement of the Commercial Surety business plan including new business, renewal retention, pricing and profitability. This role reports directly to the Vice President of Commercial Surety and will work closely with the Senior Vice President to foster agency/broker relationships and develop a profitable book of business.  This position can be remote, preference for Mid West.

     

    Essential Job Functions and Responsibilities

     

    • Responsible for risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives.
    • Receives and analyzes submissions, assesses risk quality and determines terms in accordance with company guidelines.
    • Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
    • Makes recommendations on risks over authority.
    • Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems
    • Uses independent judgment and initiative to support business goals.
    • Prepares effective internal and external communications on underwriting issues.
    • Develops a book of commercial surety business with select brokers/agents and maintains effective business relationships with external customers in order to attract and retain profitable business.
    • Visits producers and principals in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives.

     

    Job Requirements

     

    • A minimum of 6 years of commercial or contract surety experience is required.
    • Bachelor’s degree is required in Business, Finance, Accounting or a related field.
    • Must have strong communication skills to build and leverage excellent customer relationships and to successfully market products.
    • Sales mindset for creating and following through on pipeline opportunities that contribute to new business goals and budget objectives.
    • Excellent communication, interpersonal and presentation skills.
    • An ability to think analytically about business problems, make recommendations and propose solutions.
    • A high energy, self-starter, who is resilient and has an entrepreneurial spirit.
    • Demonstrates solid time, organizational, and desk management skills.
    • Goal-oriented mind set and delivers on goals and objectives.
    • Microsoft Office experience and the ability to learn new applications a must.
    • Travel required.

    What C&F will bring to you

    • Competitive compensation package
    • Generous 401K employer match
    • Employee Stock Purchase plan with employer matching
    • Generous Paid Time Off
    • Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
    • A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
    • A dynamic, ambitious, fun and exciting work environment
    • We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community

     

    At C&F you will BELONG

    We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

     

    #LI-JA1

    #LI-Remote

  • 19 Days Ago

C
Commercial Renewal Underwriter
  • Chubb External
  • Whitehouse, NJ FULL_TIME
  • Chubb Group of Insurance Company’s Whitehouse Station office in New Jersey is currently seeking an Underwriter to join its Technology team in the Eastern Underwriting Center. Main responsibilities inc...
  • 2 Days Ago

U
Sr Commercial Lines Underwriter
  • UFG
  • Ewing, NJ FULL_TIME
  • UFG is currently hiring for a Sr. Commercial Lines Underwriter to join our team! The Senior Commercial Lines Underwriter will manage a commercial underwriting territory of approximately $8 million - $...
  • 2 Days Ago

B
Commercial Lines Underwriter
  • Burns & Wilcox
  • Parsippany, NJ FULL_TIME
  • Responsibilities When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those lookin...
  • 2 Days Ago

I
Small Commercial Underwriter
  • Independent Search Partners, LLC
  • Hackensack, NJ FULL_TIME
  • Summary:Responsible for underwriting for the company and evaluating small business lending applications originated by the Retail department and Small Business Relationship Managers.MAJOR RESPONSIBILIT...
  • 3 Days Ago

A
Commercial Loan Underwriter
  • Amplify Recruiting
  • Lakewood, NJ FULL_TIME
  • PAYRO is the only funding option designed for the realities of payroll We offer cash-flow positive businesses fast, flexible, and most importantly low-cost funding — along with cutting-edge tools and ...
  • 15 Days Ago

D
Commercial Underwriter | Construction (26345)
  • Dahl Consulting
  • Pasadena, CA
  • Full-time, direct-hire Location: Pasadena, CA-Onsite Pay-90k-120k SUMMARY Responsible for reviewing, underwriting and ra...
  • 3/28/2024 12:00:00 AM

S
Commercial Underwriting Manager
  • Society Insurance Company
  • Fond Du Lac, WI
  • Job Information Job Title Commercial Underwriting Manager Home Department: Commercial Underwriting Employment Status: Ex...
  • 3/28/2024 12:00:00 AM

J
Commercial Underwriting Counsel
  • JobTracks, Inc.
  • New York, NY
  • This position plays a key role in transforming the commercial real estate experience by empowering our employees and cus...
  • 3/28/2024 12:00:00 AM

C
Chubb Associate, Commercial Underwriting
  • Chubb
  • Walnut Creek, CA
  • Job Description Chubb Associate Program We are looking for those interested in a career that helps people mitigate risk ...
  • 3/27/2024 12:00:00 AM

N
Senior Commercial Underwriter
  • NEWMARK
  • Irvine, CA
  • Job Description JOB DESCRIPTION (Senior Commercial Underwriter - Contractor): Newmark is seeing contract-based professio...
  • 3/26/2024 12:00:00 AM

D
Commercial Underwriter - Community Associations
  • Distinguished Programs
  • New York, NY
  • Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to broke...
  • 3/26/2024 12:00:00 AM

F
Supervisor or Manager - Commercial Underwriting
  • First Insurance Company of Hawaii
  • Honolulu, HI
  • Join our purpose-driven team and make a difference in people’s lives. We offer flexible work options and professional de...
  • 3/25/2024 12:00:00 AM

F
Remote Commercial Underwriting Counsel
  • First American Financial Corporation
  • Minneapolis, MN
  • Who We Are Join a team that puts its People First! As a member of First American's family of companies, National Commerc...
  • 3/25/2024 12:00:00 AM

New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newark Bay, and the Arthur Kill); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay; and on the west by Pennsylvania across the Delaware River. New Jersey is often broadly divided into three geographic regions: North Jersey, Central Jersey, and South Jersey. Some New Jersey residents do not consider Central Jersey a region in its own right, but others believe it is a separate geographic and cultural area from the Nor...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Underwriter jobs
$60,049 to $80,817

Commercial Underwriter
Assist Commercial Relationship Managers (RMs) in managing workflow via a pipeline process with regard to the prioritization of new prospects, modifications, renewals/upcoming maturities, as well as Portfolio Reviews and Special Asset Reports while developing a working knowledge of all prospective opportunities through the process.
May 21, 2023
Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing the risk of exposure, utilizing change requests, claim information, loss control and outside databases to identify changes in exposure to risk.
May 21, 2023
Understands and uses financial information, tools and expense management principles to accomplish day-to-day work and maximize profitability.
April 28, 2023
Evaluates strengths and weaknesses of the credit and escalates risks and other issues to MCU and/or RM or PM (Portfolio Manager).
April 16, 2023
Prepares business case memos and participates in business case discussions, subsequent meetings with bank management, industry specialists, and other interested parties.
April 07, 2023
Demonstrated knowledge of commercial lines underwriting, risk management and agency management to include technical principles of rating and pricing commercial lines business based upon individual risk criteria to promote underwriting profitability.
April 04, 2023
Monitor exposure of individual risks by the review of pictures, inspections, claims, consumer reports, renewal surveys, audits and communications with Farm Bureau Insurance agents.
March 22, 2023
Provides support to Commercial Bankers, Bank executives, loan officers, retail bankers, loan administrators and/or process administrators by answering queries and providing training on basic lending issues.
February 19, 2023
Handle underwriting decisions on new business, renewals and referrals that fall outside the guidelines and within delegated authority levels.
February 06, 2023
Develop a thorough understanding of all Constructive Loans product and program underwriting guidelines, documentation requirements and processing, underwriting, closing and post-closing procedures.
November 09, 2022