Commercial Lines Underwriter - Richmond, VA
Ohio Casualty - Glen Allen, VA

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Ohio Casualty is part of the Liberty Mutual Agency Corporation. Ohio Casualty offers property and casualty insurance products, including personal and commercial coverages, distributed only through appointed independent agents in Delaware, Kentucky, Maryland, Ohio, Pennsylvania, Virginia, Washington, D.C., and West Virginia.

Advance Your Underwriting Career at Ohio Casualty, a Liberty Mutual Company.

Are you looking for a Commercial Underwriting opportunity with a responsible Fortune 100 company that has consistently outpaced the insurance industry in year over year growth? We are seeking resumes of talented Commercial Lines Underwriters to be considered for future openings on our team in Glen Allen, VA. As an underwriter at Ohio Casualty, you will manage an assigned group of agencies, select profitable risks and retain a profitable portfolio of accounts. This is a unique opportunity to join a dynamic organization in a growing branch office. In addition to a wide range of benefits, Ohio Casualty offers educational reimbursement and training opportunities.

Job Summary:
To ensure a profitable book of business by appropriately pricing acceptable risks and rejecting those that are not acceptable within authority levels established. Market company products and services to the agents and actively participate in the agency management process.

Within delegated authority levels and company guidelines, the CL Underwriter accepts, rejects or modifies new and renewal commercial lines business with little or no guidance to ensure a profitable commercial book of business. Prices business according to company underwriting and pricing guidelines and ensures time service standards are met.
Markets company products through agent contacts to achieve company growth and profitability targets. Develops on-going relationships with agents, meets service standards established for new and renewal business, and keeps agent up-to-date with underwriting and/or product changes.
Manages complex book of Commercial Lines business in the $500 to $150,000 premium range, to maximize profitability and growth. Reviews loss activity (frequency, severity) for each agent in assigned territory. Considers mix of business, loss ratios by line, and fit of business with company guidelines. Works closely with the Territory Manager to identify problems and develop a plan of correction. May change policy deductibles, increase premium, non-renew policies. May recommend constraints on business an agent may submit or recommend that an agent be suspended.
Secures reinsurance as needed. Contacts facultative reinsurers and negotiates according to company standards for larger risks by contacting reinsurers with the best price and coverage within delegated authority limits.
May train agency staff on company products, services and underwriting philosophy.
Promotes the company's public image by networking within the insurance community to keep abreast of changes in the industry.

BA/BS degree.
Three plus years of multi-line commercial underwriting experience (Package, Business Automobile, Workers Compensation, Commercial Umbrella).
Thorough knowledge of commercial lines products including, but not limited to the following industry segments: Construction, Manufacturing, Service, Retail, Wholesale, and Real Estate.
Proficiency in underwriting all commercial lines exposures.
Ability to prioritize work and provide timely customer service.
Excellent communication skills, both verbal and written
Able to handle more complex, higher hazard accounts with limited guidance and direction from the underwriting manager.
Currently hold or actively working towards insurance-related professional designation(s).
Excellent people skills that foster ongoing partnerships with assigned agencies.
Thorough knowledge of regulatory and policy differences among states in which business is transacted.

We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:

401K and Company paid pension plan
Medical coverage
Dental coverage
Paid time-off
Discounts on automobile and homeowner's insurance
Discount fitness memberships
Flexible spending accounts
Tuition reimbursement
Vision care coverage
Work/Life resources
Credit Union membership
Employee and Dependent life insurance
Disability insurance
Long-term care insurance

We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.

We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.

We believe our employees take pride in knowing that they help people live safer more secure lives everyday.

Responsibility. What's your policy?

Additional Information: Travel Percentage: 10%

Monster - 2 years ago - save job - copy to clipboard
About this company
6 reviews
Ohio Casualty Corporation operates as the holding company of The Ohio Casualty Insurance Company. The Ohio Casualty Insurance Company is one...