Commercial Underwriter (Dol)

Risk Theory, LLC

Commercial Underwriter (Dol)

Dallas, TX
Full Time
Paid
  • Responsibilities

    This program is responsible for underwriting franchised and non-franchised dealer open lot insurance. We are a Dallas-based, national program, fast-paced and growing. This position will be responsible, within a defined authority level, for evaluating underwriting submissions, determining acceptable coverage and deductible options, providing quotes, approving binders, and assuring accuracy of policy issuance. The individual selected for this position must communicate in a timely and professional manner and be willing to work closely with Account Managers to provide best-in-class service to our program producers. Responsibilities: • Manage a book of Franchised and Non-Franchised Dealer Inventory insurance policies. • Responsible for risk evaluation, selection, pricing, quoting, and binding of policies within the assigned geographical area and authority level. • Oversee the quality of the information entered by the Underwriting Assistant. • Interact with producers to foster strong relationships in a manner that promotes the program. • Select appropriate rates based on Underwriting Guidelines. • Work with minimal supervision to meet required deadlines and task dates. • Apply subjective judgment to select an appropriate course of action. • Provide periodic reports on outcomes for the assigned territory as requested by management. • Recognize loss improvement opportunities for the insured and the program. • Assist in special projects as directed. Qualifications: • 3 + years of underwriting experience. • Commercial auto experience is preferred but not required. • Understanding of franchised auto dealer operations is preferred. • Understanding of Commercial Lines Manual rating and rules. • 4-Year College Degree preferred but not required. Compensation: $100,000 - $130,000 yearly

    • Manage a book of Franchised and Non-Franchised Dealer Inventory insurance policies. • Responsible for risk evaluation, selection, pricing, quoting, and binding of policies within the assigned geographical area and authority level. • Oversee the quality of the information entered by the Underwriting Assistant. • Interact with producers to foster strong relationships in a manner that promotes the program. • Select appropriate rates based on Underwriting Guidelines. • Work with minimal supervision to meet required deadlines and task dates. • Apply subjective judgment to select an appropriate course of action. • Provide periodic reports on outcomes for the assigned territory as requested by management. • Recognize loss improvement opportunities for the insured and the program. • Assist in special projects as directed.

  • Compensation
    $110,000-$130,000 per year