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Senior Underwriter Commercial Insurance resume example with 16+ years of experience

Jessica
Claire
resumesample@example.com
(555) 432-1000,
Montgomery Street, San Francisco, CA 94105
:
Professional Summary

Senior Multi-Line Underwriter with 16 years of Commercial Property and Casualty experience. Highly skilled at underwriting multiple lines of business for a wide range of insurance risks.

Skills
  • Extensive knowledge of the industry and local marketplace.
  • Developed strong relationships with key brokers on Long Island having been employed by some of the top carriers in the industry.
  • Experienced in underwriting multiple lines of business for a wide scope of industries.
  • Able to assess risks of various premium ranges including accounts with complex multi-national exposures.
  • Selected to Underwriting Councils at two different carriers.
  • Past experience managing training programs for new underwriters.
  • Experienced in acting as a point of referral for other underwriters.
Education
Hofstra University Hempstead, NY Expected in 2004 Bachelor of Arts : Economics - GPA :  
Professional Designations

Chartered Property Casualty Underwriter (CPCU) - 2015    

Associate in Risk Management (ARM) - 2016

Work History
Chubb - Senior Underwriter, Commercial Insurance
Home City, MI, 05/2019 - Current
  • Currently manages a $10M Book of renewal business with a focus on profitability and growth.
  • Wrote over $1.7M in New business in first month of 2021 for one of Chubb's Key Cornerstone agents.
  • Successes in 2020 included over $1,000,000 of new business specifically with two of Chubb's key Cornerstone Agents.
  • Exceeded rate and retention goals in 2020 with a rate of 7% vs plan of 5% and overall retention of 90.7% vs plan of 88%.
  • Developed a Coverage Differentiator Chart to attach when quoting new business as a way to point out some of the broad coverage offerings included within our Customarq form.
  • Consistently executes Chubb's various underwriting strategies to ensure proper risk selection and terms.
  • Proactively engages with EFU's and line of business leaders in order to write new business and retain key accounts.
  • Frequently collaborates with Underwriters in other departments in order to cross sell products throughout the Enterprise.
  • Continuing to develop and maintain a strong presence within the territory through frequent agency contact both in person and virtually.
  • Utilizes various resources such as PROV1 and Tracker in order to build and maintain a solid pipeline of new business opportunities.
Hanover Insurance Group, Inc. - Middle Market Senior Sales Underwriting Specialist
Ga, GA, 06/2014 - 05/2019
  • Commercial Multi-line Underwriter for risks with insurance premiums ranging from $50,000 to $1,000,000.
  • 2019-Hanover Great Escape Recipient-Awarded to Top Performers in recognition for outstanding sales and production.
  • Selected to the Middle Market Underwriting Council in 2019 as Representative for the Metro region-Collaborated with Home Office and other council members to develop new strategies to improve underwriting workflow and processes.
  • Worked with many of the top agents in the Long Island and Westchester territories.
  • Developed and executed a territory sales plan focused on targeted industry segments and partner agents.
  • Established and maintained a pipeline of new business through monthly agency sales calls.
  • Managed personal and agency progress through the use of Salesforce and quarterly agency reports.
  • Facilitated enterprise growth by identifying cross sell opportunities and through joint sales calls with other business units including Small Commercial, Inland Marine, and Special Property.
  • Managed a Middle Market renewal book of business of approximately $10,000,000 in written premium.
  • Negotiated terms and conditions with agents on renewal business to achieve targeted rate goals and optimal retention.
  • Collaborated with loss control to implement service plans on key accounts to manage risk, and highlight company services at the point of sale.
  • Performed monthly file audits to ensure documentation is in line with company standards, and provided fellow team members with feedback to help improve overall file quality.
Pendo - Senior Account Executive
Phoenix, AZ, 05/2008 - 06/2014
  • Responsible for managing a $16.7M book of commercial insurance business for the NYC and Westchester territories. 
  • Effectively managed renewal accounts with a primary focus on accounts ranging from $25K-$100K in premium. 
  • Acted as first point of referral for renewal accounts $50K to $100K in premium. 
  • Performed high level reviews for the key renewal accounts of fellow underwriters, and suggested recommendations on achieving outcomes that aligned with our renewal strategy. 
  • Assisted the Underwriting Director by reviewing file documentation completed by our underwriting team to ensure that documentation meets our Best Practices. 
  • Managed the training programs for two new hires and one underwriting trainee. 
  • AE Council Representative from 2011-2013-Met with home office personnel to develop initiatives to improve the role of the Select Account Executive. 
  • Met monthly with underwriting and sales team members to develop an action plan designed to achieve new business goals. 
  • Facilitated new business growth through sound underwriting and marketing. 
  • Developed and maintained positive relationships with agency personnel. 
First Midwest Bank - Commercial Underwriter
Joliet, IL, 03/2005 - 05/2008
  • Received formal underwriting training on commercial property and casualty insurance through company's Underwriter Trainee program.  
  • Progressed through various positions from Rater to Junior Underwriter before being promoted to New Business Underwriter. 
  • Focused on new business underwriting for mid to large commercial real estate risks.
  • Analyzed new accounts to determine the potential profitability based on the individual risk characteristics of the account.
  • Built and maintained relationships with brokers through proactive contact.  
  • Negotiated terms and conditions with brokers regarding coverage and pricing. 
  • Trained new company personnel in company underwriting and rating procedures.  

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Resume Overview

School Attended

  • Hofstra University

Job Titles Held:

  • Senior Underwriter, Commercial Insurance
  • Middle Market Senior Sales Underwriting Specialist
  • Senior Account Executive
  • Commercial Underwriter

Degrees

  • Bachelor of Arts

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