Job Summary
We are seeking a dynamic and experienced Commercial Auto Program Manager / Senior Commercial Auto Underwriter to lead the development, underwriting, and management of our commercial auto insurance programs. This role offers an exciting opportunity to influence risk assessment strategies, optimize portfolio performance, and ensure compliance with industry regulations. The ideal candidate will possess a strong foundation in commercial insurance, risk analysis, financial concepts, and client communication, driving growth through strategic underwriting decisions and industry expertise. Join us to contribute to innovative insurance solutions that meet our clients’ evolving needs while advancing your career in a fast-paced, collaborative environment.
Responsibilities
- Evaluate and underwrite commercial auto insurance applications by analyzing risk factors, financial statements, and industry data to determine appropriate coverage terms and pricing.
- Develop and refine underwriting guidelines to ensure consistency and profitability across the auto insurance portfolio.
- Conduct detailed risk assessments using quantitative analysis, financial modeling, and data collection techniques to support underwriting decisions.
- Collaborate with brokers, agents, and clients to negotiate policy terms, coverage limits, and premiums while maintaining positive relationships.
- Monitor portfolio performance through data analysis in Excel and other financial software tools; identify trends and recommend adjustments to mitigate risks.
- Ensure compliance with all relevant industry regulations, legal standards, and internal policies related to commercial auto underwriting and lending practices.
- Prepare comprehensive reports on financial analysis, risk evaluation, and portfolio metrics for senior management review.
Skills
- Strong knowledge of commercial insurance principles, underwriting practices, and industry regulations.
- Proficiency in financial statement interpretation, financial analysis, cash flow analysis, and financial modeling.
- Expertise in negotiation strategies with clients, brokers, and internal teams to achieve favorable outcomes.
- Advanced skills in Microsoft Office Suite (Excel, Word, PowerPoint) for data analysis and report writing; experience with financial software is a plus.
- Solid understanding of accounting principles related to risk assessment and premium calculations.
- Experience with commercial lending processes including loan processing, credit analysis, compliance with loan regulations, and fraud prevention techniques.
- Ability to analyze quantitative research data for risk evaluation; familiarity with industry-specific financial concepts such as industry knowledge of financial regulations and tax considerations.
- Excellent client communication skills with the ability to explain complex financial concepts clearly.
- Strong analytical mindset with experience in risk analysis, forecasting, financial report writing, portfolio management, and industry-specific financial services.
Join our team if you’re passionate about leveraging your expertise in commercial auto underwriting while making a tangible impact on our clients’ success!
Pay: $73,707.65 - $88,766.20 per year
Work Location: In person
