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Commercial Lines Underwriter 1

The Concord Group, LLC
Posted a month ago, valid for 15 days
Location

Bedford, NH 03110, US

Salary

$60,000 - $72,000 per year

info
Contract type

Full Time

Paid Time Off
Life Insurance
Disability Insurance

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Sonic Summary

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  • Concord Insurance Group is seeking a Commercial Lines Underwriter 1, responsible for applying insurance coverage and executing underwriting decisions under general supervision.
  • Candidates must possess a bachelor's degree or equivalent experience in property/casualty underwriting and have strong communication skills.
  • The role involves learning various insurance coverages, analyzing risks, and effectively communicating with independent agents.
  • The position offers a comprehensive benefits package, including medical, dental, and a competitive 401(k) plan.
  • Salary details are not specified, but the company emphasizes fair and competitive compensation along with bonus opportunities.

A career at Concord Insurance Group is challenging and rewarding.  Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.

Job Description

Our Commercial Lines Underwriter 1 is responsible for understanding and applying insurance coverage, rules and guidelines, as well as executing the underwriting decision-making process according to Company underwriting philosophy. Work is performed under general supervision.

Responsibilities

  • Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions

  • Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use

  • Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment

  • Analyze loss experience, financial conditions and physical characteristics of risks

  • Acquires a working knowledge of supporting sections of the underwriting department

  • Effectively communicate with independent agents and other associates through verbal and/or written means

  • Participate in and successfully complete the Company underwriter training program

Requirements

  • Bachelor’s degree or direct equivalent experience with property/casualty underwriting

  • Ability to organize data, multi-task and make decisions independently

  • Above average communication skills (written and verbal)

  • Ability to write reports and compose correspondence

  • Ability to resolve complex issues

  • Continually develop product knowledge through participation in approved educational programs

Benefits

At The Concord Group, we’re proud to offer a comprehensive benefits package designed to support the wellbeing of our associates. This includes medical, vision, dental, life insurance, disability insurance, and a generous paid time off program for vacation, personal, sick time, and holiday pay. Additional benefits include parental leave, adoption assistance, fertility treatment assistance, a competitive 401(k) plan with company match, gym member/fitness class reimbursement, and additional resources and programs that encourage professional growth and overall wellness.

Why Concord Group Insurance

Since 1928, The Concord Group has been protecting families and small businesses across New England with trusted, personal insurance solutions. The Concord Group is a member of The Auto Owners Group of Companies and is recognized as a leading insurance provider through the independent agency system. Rated A+ (Superior) by AM Best, the company is represented by more than 550 of the best local independent agents throughout Maine, Massachusetts, New Hampshire, and Vermont.

At Concord Group, we believe in more than just insurance, we believe in our people. Our associates thrive in a supportive, collaborative workplace where community involvement, professional growth, and shared values drives everything we do.

Starting your career with The Concord Group means joining a team that values people first and gives you the opportunity to grow, give back, and make a lasting difference in the lives of those we serve.

Compensation

We are dedicated to fair and competitive total compensation package that supports the wellbeing and success of our associates. In addition to this, we offer other components like bonus opportunities.

Equal Employment Opportunity

The Concord Group is an equal opportunity employer and hires, transfers, and promotes based on ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state, or local law.

The Concord Group participates in E-Verify.




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