Inland Marine and Commercial Underwriter
Maritime Program Group - Manchester, NH

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Maritime Program Group (MPG) a specialty insurance program company, with 20+ years of in-house underwriting experience. Our core business segments include Recreational Marine, Inland Marine, Ocean Marine, and Private Client Services. The MPG model provides brokers with comprehensive packaged solutions, top quality coverage, and unsurpassed service.

Maritime Program Group is proud to be recognized as a 2011 & 2012 winner in the small company category by The Hartford Courant and FOXCT as a “TOP WORKPLACE OF CT". This designation is based on employee surveys and compared to other companies of size and industry based on direction, career, execution, conditions, managers, pay and benefits.

Our Agency is currently looking to fill the following underwriting positions.

Commercial Underwriter

The Commercial Underwriter functions as the team leader for a book of Recreational Marine business that they are expected to maintain and grow. This is a national program and consists primarily of Marinas, Boat Dealers and Yacht Clubs and includes the Commercial Package, Auto, Umbrella, Marine and Worker’s Compensation coverage. If you have a strong Commercial Package background we can teach you the marine. Minimum 2 – 5 years’ experience

Inland Marine Underwriter

The Inland Marine Underwriter functions as the team leader for a book of business that they are expected to maintain and grow. This is a national program and consists primarily of Builders Risk, Motor Truck Cargo and Contractors Equipment. We’re particularly interested in an underwriter with expertise in the builder’s risk line of business. Minimum 2 – 5 years’ experience

Requirements

The Underwriter functions as the team leader for a book of business that they are expected to maintain and grow. In doing so, this position is expected to judiciously review and analyze insurance applications to determine if the insured fits program criteria, is an acceptable risk, determine that the account can be underwritten profitably, devise appropriate premium rates/premiums to cover risks, and draft insurance proposals that adequately address the risks presented in the application. Representing the insurance company’s interests, this position is expected to make sound risk selection decisions to increase profitability and avoid excessive losses. In accordance with statutory requirements, this position is also responsible for ensuring the nonrenewal and/or declination of accounts that present an unacceptable level of risks or those that cannot be underwritten profitably.

This position is responsible for the critical review of the insured’s operations and exercising detailed knowledge of commercial insurance coverage(s) in the underwriting of new and renewal business in compliance with underwriting guidelines and lines of authority. In addition to utilizing manual and automated ISO based systems to rate risks and determine premiums, this position is also responsible for reviewing the insured’s financial health through Experian reports, financial reports and loss control surveys to assess the overall risk. This position is responsible for declining unacceptable risks and drafting new business and renewal insurance proposals to the account’s broker, negotiating the renewal of the account, binding accounts and completing all supporting underwriting documentation for the account, as well as preparing detailed issuance instructions.

Comprehensive Benefits which includes the following:

  • Medical coverage
  • Dental coverage
  • Vision Care coverage
  • Long Term Disability
  • Short Term Disability
  • Life Insurance
  • 401k
  • Voluntary Supplemental Life Insurance
  • Voluntary Dependent Life Insurance
  • Flexible Spending Accounts
  • Fitness membership reimbursement
  • Sonic Boom Wellness

Key Words:
Marine
Maritime
Rating
ISO
Commercial
Inland
Recreational
Marinas
Boat
Workers Comp
Umbrella


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