COMMERCIAL UNDERWRITER – Real Estate Umbrella

Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Hospitality, Fine Art/Collectibles, Restaurants, and Construction Professionals & Environmental. Distinguished partners with a select group of highly rated insurance companies to provide exclusive programs to our national network of 4,000 agencies and brokerages. You will have an opportunity to work with an energetic, passionate team that is committed to growth by helping our customers grow their business and building a best-in-class system, as well as a great place to work.

This role is part of the Real Estate Umbrella program which specializes and serves a variety of Commercial Real Estate such as Apartment Buildings, Condominiums, Retail, Office, and Light Industrial for new business. You will be responsible for pipeline management, risk selection, qualification, and pricing within the program guidelines and objectives, and selling the proposal to insurance brokers. This includes working and negotiating directly with brokers and carriers to ensure the accuracy of underwriting information, determining eligibility within program guidelines, and ensuring insurance files are well documented. 

RESPONSIBILITIES

• Handle new business submissions through outbound interaction with various carriers and brokers. and ensure proper risk selection, premium and coverage. *Note, this is not a sales role.
• Work collaboratively and communicate effectively with internal sales staff on new business submissions.
• Communicate with insurance brokers to obtain information needed to underwrite risks, respond to questions and address issues.
• Underwrite casualty real estate risks within the granted level of authorities by identifying and analyzing risk exposures, loss frequency and severity against desired coverage.
• Adhere to rating rules with proper file documentation.
• Gather competitor information, market intelligence, and understand trends to identify opportunities for improvements to products and pricing.
• Provide and create solutions for a broad range of inquiries from brokers and team members.
• Monitor data entry and processing to ensure data integrity.
• Develop relationships with both external and internal customers.
• Promote teamwork and organizational success, while accepting accountability and ownership, celebrating successes and learning from past mistakes.
• Deliver an exceptional customer experience with every interaction, in all modes of communication.
• Identify opportunities to improve underwriting efficiencies.
• Work independently within deadlines while understanding the necessity for appropriate prioritization, communicating and coordinating work efforts with stakeholders.
• Participate in other company projects and new initiatives.

PREFERRED SKILLS & QUALIFICATIONS

• Minimum of 3 years of commercial insurance underwriting experience required. Exceptions are made for undergrads with risk management and insurance degrees.
• Bachelor’s degree or equivalent combination of education and experience.
• Property and Casualty insurance license required (6 months preparation time permitted).
• Ability to understand and sell umbrella programs on complex accounts.
• Strong understanding of primary casualty lines and umbrella/excess liability policies.
• Analytical and quantitative skills.
• Strong verbal and written communication skills including negotiation skills.
• Must be self-driven, detail oriented, and possess strong organizational skills including time-management and prioritization.
• Commercial Real Estate Insurance knowledge and experience.
• Some travel may be required from time to time for team and broker meetings.

LOCATION

• This is a remote position.

COMPENSATION AND PERKS

• $65,000 - $95,000 base salary plus bonus. Salary commensurate with knowledge, skills, experience, and geographic location
• Summer Fridays (Leave at 3:00PM all Fridays from Memorial Day to Labor Day).
• Great healthcare coverage including Medical, Vision, and Dental.
• 401k with 4% company match. Immediately 100% vested.
• Life, disability and supplemental insurance.
• Growth and development opportunities.
• Wellness Benefits including an Employee Assistance Program, Telemedicine, and Peloton App Digital Membership for 1 year (or if you have Peloton equipment, receive a 4-month waiver)
• Work/Life Balance with generous time off policy including PTO and paid holidays, Dependent Daycare flexible spending account, paid parental (primary or secondary caregiver) leave, a commuter account, and a sabbatical every 7 years.

CORE VALUES

Our Core Values define our business. At Distinguished Programs you will achieve goals focused in the best interest of our customer. INTEGRITY plays a crucial role in the way Distinguished does business. INNOVATION enables us to remain an industry trendsetter. You will be involved in projects that advance our products, processes, and people! You will collaborate with leaders in the organization and build RELATIONSHIPS with your colleagues, carriers and customers. Capitalize on your interests and strengths to drive an enrichment focused path allowing your determination to launch your career in an industry of endless opportunities. Bring your passion to the work you do, the people you impact and the success we ACHIEVE together. Acceptance and appreciation for diversity and inclusion are at our core.

Distinguished Programs, LLC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status. 

All your information will be kept confidential according to EEO guidelines.