Commercial Underwriting AssistantRichmond, VA

About Specialty Program Group:

Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics.

About Monarch:

Monarch E&S, a division of SPG Insurance Solutions (Monarch) is a rapidly growing, and successful property and casualty/personal lines insurance wholesaler and managing general agency based in Burbank, CA with branches in MA & FL. We sell exclusively to retail agencies across the country with a focus on small to mid-market E&S commercial and specialty personal lines risks.

About the Position:

Responsible for developing, managing, marketing, underwriting, and sustaining profitable business by providing high level technical and sales expertise with personal insurance coverages for the clients of independent and retail insurance agents and brokerages.

Responsibilities:

  • Builds cooperative and dependable relationships with independent insurance agencies and brokerages to create business placement opportunities.

  • Develops and maintains underwriting and cooperative service relationships with insurance carriers by demonstrating in-depth knowledge of personal insurance and underwriting guidelines, both in excess and surplus lines and standard markets.

  • Recognizes acceptable business opportunities through underwriting pre-qualification process.

  • Successfully negotiables market placements of new and renewal business.

  • Meets and sustains targeted revenue goals.

  • Coordinates resources to accomplish specific account objectives.

  • Assumes ultimate responsibility for the successful completion of all account tasks and details on account portfolio.

  • Motivates and educates co-workers, blending leadership and technical skills.

  • Is knowledgeable of workplace laws and corporate policies and practices; maintains a fair office work environment.

Education, Work Experience, & Knowledge:

  • Bachelor’s degree preferred; equivalent experience and knowledge considered

  • Substantial and relevant experience in a personal insurance brokerage or underwriting environment including wholesale brokerage experience.

  • Demonstrated understanding of personal insurance coverages and relevant forms for excess and surplus lines, understanding of both admitted and non-admitted markets.

  • Trusted working relationships with carrier and markets.

  • Highest level of customer relations, sales management and negotiating skills to effect profitable results.

  • Highest level of interpersonal skills to facilitate team building and resource management.

  • Proficient in Microsoft Office including Word, Excel, and Outlook.

  • Ability to travel extensively. Must have and maintain a valid driver’s license.

Work Location:

This position is located in our Richmond Va office.

Department Account Management & Service

Required Experience: 1-2 years of relevant experience

Required Travel: No Travel Required

Required Education: Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.

EEOAA Policy

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 orUSRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.