Insurance Underwriter

Diedre Moire Corporation, Inc.

Baltimore, MD

JOB DETAILS
SALARY
$150,000–$180,000 Per Year
JOB TYPE
Full-time
SKILLS
Insurance Underwriting, Underwriting, Insurance Regulations, Insurance, underwriter, Franchise, Auto Dealerships, Motorocycle, truck, RV, ATV, Motorocycle Truck RV ATV Dealers, Open Lot
QUALIFICATIONS
  • Education: Bachelor’s degree required (preferably in Business, Insurance, Risk Management, or related field)
  • Experience:
    • 5-10 years of experience in insurance underwriting or related fields, specifically in managing complex risks
    • Experience with dealers open lot insurance, including risks related to franchised new car dealerships
    • Experience in underwriting commercial risks, including trucking insurance
  • Strong understanding of insurance products and coverages, specifically related to auto dealerships, trucking, and complex commercial risks
  • Familiarity with specialized coverages such as False Pretense, Economic Loss, Weather Reimbursement, and Spot Delivery Coverage
  • Knowledge of underwriting practices, risk analysis, and loss prevention techniques
RESPONSIBILITIES
  • Manage a portfolio of dealers open lot risks for franchised new car dealerships to ensure profitable growth
  • Provide coverage for a range of risks including:
    • Comprehensive and Collision
    • False Pretense
    • Economic Loss
    • Weather Reimbursement
    • Spot Delivery Coverage
  • Review new and renewal applications for trucking insurance coverage
  • Assess complex risks and calculate the potential for loss for policyholders with unique and multifaceted exposures
  • Define and communicate the terms and conditions of coverage to ensure clarity and compliance
  • Establish premium rates based on the analysis of risk, market conditions, and underwriting guidelines
  • Evaluate risk exposure and develop strategies to mitigate potential losses for policyholders
  • Ensure that coverage terms align with the company’s underwriting philosophy and objectives
  • Collaborate with internal teams, including claims and risk control, to maintain a high level of service and operational efficiency
  • Provide guidance and recommendations to senior leadership on portfolio performance, market conditions, and underwriting strategies
  • Work closely with brokers, agents, and clients to maintain strong relationships and facilitate business development
  • Monitor claims data and adjust underwriting strategies to align with the overall business objectives and profitability targets
  • Stay informed about industry trends, emerging risks, and competitive landscape to keep underwriting practices current and competitive
LOCATION
Baltimore, MD
POSTED
16 days ago

Insurance Underwriter - Franchise Auto Dealerships - Baltimore, MD

Manage portfolio of dealers open lot risks for franchised new car dealerships to ensure profitable growth.
 
Coverages include: Comprehensive and Collision, False Pretense, Economic Loss, Weather Reimbursement, Spot Delivery Coverage, etc.
 
• Review new and renewal applications for trucking insurance coverage.
 
• Assess, identify and calculate risk of loss for policyholders with complex risks.
 
• Define terms and conditions of the coverage.
 
• Establish premium rates.
 
High growth visible position with top company. Compensation to $100,000 plus bonus plan; company paid full family coverage medical, dental, prescription and vision; matched 401(k); stock; tuition reimbursement and more.
 
For complete details contact Greg Foss at:
(609) 584-9000 ext 270
 
Or submit resume online at:
http://dmc9.com/gbf/app.asp
 
Or email to:
1000070553_10006796@najbcareers302.com

Please reference #43110224 when responding.
 
Education Requirements:  Bachelor Degree
Minimum Experience Requirements:  5-10 years
Job City Location: Baltimore
Job State Location: MD
Job Country Location: USA
Salary Range:  $150,000 to $180,000

Diedre Moire Corporation, Inc.

diedremoire.com

WE ARE AN EQUAL OPPORTUNITY EMPLOYER and our employment decisions are made without regard to race, color, religion, age, sex, national origin, handicap, disability or marital status. We reasonably accommodate individuals with handicaps, disabilities and bona fide religious beliefs. Jobs Career Position Hiring. CONSIDERED EXPERIENCE INCLUDES:  Insurance Underwriter Underwriting Franchise Auto Dealerships Motorocycle Truck RV ATV Dealers Open Lot #DiedreMoire #JobSearch #JobHunt #JobOpening #Hiring #Job #Jobs #Careers #Employment #jobposting #InsuranceJobs #UnderwriterJobs

DISCLAIMER: We will make every effort to consider applications for all available positions and shall use one or more of the contact methods and addresses indicated in resume or online application. Indicated location may be proximate or may be desirable point of embarkation for paid or unpaid relocation to another venue. Job descriptions may fit single or multiple presently available or anticipated positions and are NOT an offer of employment or contract implied or otherwise. Described compensation is not definite nor precise and may be estimated and approximate and is negotiable depending on market conditions and candidate availability and other factors and is solely at the discretion of employers. Linguistics used herein may use First Person Singular and First Person Plural grammatical person construction for and with the meaning of Third Person Singular and Third Person Plural references. We reserves the right to amend and change responsibilities to meet business and organizational needs as necessary. Response to a specific posting or advertisement may result in consideration for other opportunities and not necessarily the incentive or basis of the response. Nothing herein is or may be considered a promise, guarantee, offer, pledge, agreement, contract, or oath.

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About the Company

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Diedre Moire Corporation, Inc.