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Jimcor Agency Inc. E&S Personal Lines Underwriter in Montvale, New Jersey

A Jimcor Personal Lines Underwriter uses knowledge, experience and judgment to determine the most appropriate market placement for a wide variety of Personal Lines risks. The Underwriter is responsible for building effective and productive relationships with Jimcor’s Broker and Carrier partners to establish and grow a profitable book of business.

  • Review applications for insurance coverage, reports from loss control consultants and other information to determine if a Personal Lines risk is acceptable for the program(s) available.

  • Evaluate the experience of a risk against the class of business under review.

  • Evaluate the loss potential due to catastrophe, severity, and/or frequency.

  • Rate policies efficiently, accurately, and within the guidelines of the available program(s)

  • Utilize publicly available knowledge to evaluate risk.

  • Prepare premium quotations for new business risk submissions.

  • Review requests for policy cancellations, endorsements, and reinstatements.

  • Evaluate policies for renewal consideration and recommend appropriate price or coverage adjustments based on prior policy experience.

  • Request additional documentation necessary for the processing of an application, endorsement or cancellation.

  • Promptly address inquiries from agents, policyholder, or prospects.

  • Conduct On-site marketing visits and system training, as required, at our agents’ offices.

  • Perform other duties as assigned.

    Qualifications/Requirements:

  • Must have a valid Producer’s License.

  • 5 plus years of current Surplus Lines Experience.

  • Demonstrated experience in standard underwriting practices and procedures is strongly preferred.

  • Must possess effective communication, negotiation, and computer skills.

  • Must possess strong analytical skills and detail orientation.

  • Comprehensive knowledge of insurance coverage forms and their application to exposure strongly preferred.

  • Working knowledge of applicable Insurance Department regulations and policies is required.

  • Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices is required.

  • Insurance Industry designations are preferred.

    We offer a total compensation package which includes salary up to 40K plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Gym Benefit and More. Please submit resume along with salary requirements.

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