Underwriter - Commercial Lines
Why Jencap? We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management. The common thread woven throughout our success story is our collaborative and driven team of people. Our teams are empowered and work together to find solutions. We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career.
Quaker Special Risk was acquired by Jencap in 2020, bringing even greater deep industry knowledge and coverage access to our agents and brokers. As we have grown in size and scope, as has our commitment to innovation, service, and superior coverage. Our goal continues to be to provide insurance agents and brokers with unique insurance solutions for even their most challenging risks.
The Underwriter will review, markets and prices for new and renewal applications, endorsements, and related documents within company/agency granted authority.
This position will report to our Jencap office in Red Bank, NJ.
Responsibilities:
- Develop the ability to perform risk selection and analysis by examining and evaluating documents such as application forms, inspections reports, financial reports, product brochures, company referral agreements, and other pertinent documents to determine the degree of risk, underwriting and market selection.
- Build relationships with agents through in-house placement of new business.
- Effectively communicate with agent or broker clients, company underwriters, internal staff and management to obtain additional information, quote rates, as well as servicing existing accounts.
- Connect with carrier underwriters to assist in learning coverage, guidelines, and technology.
- Maintain renewal book of business/premium as required.
- Address assigned workload within quality, productivity and service standards as established by the company/underwriting guidelines.
- Appropriate and timely response to questions posed by brokers, clients, underwriters and other company personnel.
- Special projects as needed.
Requirements:
- Bachelor’s Degree preferred.
- 1-3 years of similar related job experience in the insurance industry.
- Functional knowledge of product offerings, insurance concepts, practices and procedures.
- Strong communication skills and drive for customer excellence.
- This role will be an In-Office position.
Want the opportunity to build something new? Expand your knowledge and stretch your experience through new and emerging risks? Have your voice heard, your skills properly applied, and to add tangible value to an organization? You’re in the right place.
Jencap is dynamic, bold, tenacious, and trusted in the industry. Here, you are not just one of the many, you are one of us. We truly are better together.
Jencap is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or citizenship status, sexual orientation, gender identity or expression, pregnancy, marital or familial status, disability status, medical condition, genetic information, military or veteran status, political affiliation, or any other characteristic protected by law. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard, as we believe that that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.
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