Job Information

We are targeting candidates located in Wisconsin or Illinois to support an Illinois Territory.

Overview

Protecting our policyholders’ dreams, passions, and livelihoods has a direct impact on the communities we serve. We work towards excellence, conduct ourselves with high integrity, and take our work seriously, but not ourselves. Small Details. Big Difference. Find out how you can make a difference with a career at Society.

Society Insurance is seeking an experienced a Commercial Underwriter III to join our team. This position will develop and maintain a profitable book of business consisting of primarily small-middle market business accounts by acquiring, evaluating, and analyzing information relative to risks to make selection and pricing decisions. This book will include underwriting mainly for bars and restaurants.

About the Role 

• Determines acceptable accounts by evaluating renewal and new business accounts for acceptability based on profit potential, assigned underwriting authority, and company guidelines.
• Will have sole responsibility for agencies as assigned by Underwriting management according to territory needs, including transaction handling that encompasses the full policy lifecycle.
• Prices business by applying expertise and judgment in conjunction with company guidelines, assigned underwriting authority, and underwriting decisions.
• Attracts business through building and managing positive professional relationships with agents and Regional Sales Managers; determines appropriate communication methods to assist in building positive relationships including travel to agents’ offices.
• Builds and executes an annual agency management production and profit plan for the assigned territory, supported by cultivating relationships through phone contact, written correspondence, and on-site visits with agents and insureds.
• Acts as a liaison helping customers solve problems with departments such as claims, billing, auditing, etc.
• Reviews and analyzes Risk Control surveys and communicates opportunities for improvement in order to maximize profitability and assist policyholders in managing their individual risks and exposures.
• Offers departmental support by mentoring, coaching, and developing the Underwriting staff.

About You

• You are an analytical thinker and makes sound business decisions.
• You are self-starter who is motivated, driven, and goal-focused.
• You are resilient and recover quickly from setbacks.
• You enjoy working with others and building relationships.
• You are influential, persuasive, decisive, and composed.
• You can negotiate skillfully to achieve win-win solutions.
• You can manage multiple responsibilities and stay on top of time-sensitive tasks.
• You learn new skills quickly and like to keep up on industry standards.

What it Will Take

• Bachelor’s degree in business, insurance, or related field and 5 years of commercial underwriting experience – OR – 7 years of experience successfully underwriting insurance programs that are similar to Society’s core products.
• Basic competency with desktop applications such as Microsoft Word and Excel.
• Demonstrated proficiency in utilization of underwriting best practices, systems, and tools.
• Continuing education in the insurance field (example: CPCU, CIC, ARM, AU). 

What Society Can Offer

• Comprehensive Benefits Package: Salary with bonus plan; health, dental, life, and vision insurance
• Retirement: Traditional or Roth 401(k) Defined Contribution Plan PLUS Profit-Sharing Plan
• Work-Life Balance: Company-paid holidays; flexible scheduling; PTO; telecommuting options
• Education: Career Coaching; company-paid courses; student loan and tuition reimbursement
• Community: Charitable Match; paid volunteer time; team sponsorships
• Wellness: Employee Assistance Program; wellness initiatives/rewards; health coaching; and more

Society Insurance prohibits discrimination and harassment of any type against applicants and employees on the basis of race, color, religion, sex, national origin, age, handicap, disability, genetics, veteran status or military service, marital status or sexual orientation, gender identity or expression, or any other characteristic or status protected by federal, state or local laws. Society Insurance also provides reasonable accommodations to qualified individuals with disabilities in accordance with the requirements of the Americans With Disabilities Act and applicable state and local laws. Society Insurance is a drug-free workplace.