What are the responsibilities and job description for the Underwriter- Social Services/Non-Profit sector position at NSM Insurance Group, LLC?
Overview
With 25 years of expertise, Care Providers Insurance Services (CPS) is a best-in-class insurance program for nonprofits and social services organizations across the country, including churches, private/charter schools and community action agencies. CPS continues to lead the way in providing unmatched insurance and risk management solutions for the organizations who do important work to serve our communities.
CPS is part of NSM Insurance Group, a global specialty insurance provider with more than $1.6 billion in premium across 25 specialty insurance programs and brands around the world. Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.
Relationships are paramount at NSM because we know that’s what drives mutual, long-term success. We maintain an entrepreneurial spirit and startup mindset within an established organization that continues to redefine what specialty insurance means and how it impacts everyday lives. Employees are given endless opportunities to expand their interests and skillsets, push breakthrough ideas and take risks. Our open, supportive environment gives employees the confidence to take ownership of their work as if the business was their own.
At NSM, we Build Success every day for our people, carrier partners, agents and insureds — because we know our success is built on yours.
The Underwriter will be responsible for daily contact with agents within the P&C marketplace, discussing risk, negotiating on pricing, coverage, acceptability and providing or requesting information. This position will communicate with marketing representatives responding to inquiries regarding service, risk evaluation, questions on procedures, rates, premium evaluation, and service. **Hybrid position, 2-3 days onsite**
Responsibilities
- Generate, underwrite, and analyze accounts.
- Risk selection by qualifying leads and identifying target market.
- Communicate with brokers for new and renewal business.
- Pricie and issue multiple quotes with selected markets.
- Develop and maintain strong broker relationships, including offsite visits/meetings/etc.
- Thorough documentation of underwriting file.
- Monitor claims activity and reporting.
- Work closely with leadership in negotiation and handling of larger accounts.
- Prepare thorough and succinct referral(s) to supervisor or company.
- Perform other duties as assigned.
Qualifications
- 2 -5 years of commercial property & casualty underwriting experience.
- Prior experience in the social services/non-profit sector, preferred.
- Bachelor’s Degree, preferred.
- Ability to develop and foster carrier and broker relationships.
- Strong written and verbal communication skills.
- Aptitude to negotiate, influence and close deals.
- Ability to work in a fast-paced environment.
- Excellent organizational and time management skills.
- P&C license required, or to be obtained within the first 90 days of employment.