Sr. Corporate Underwriter

Company: Merchants Insurance Group
Location: Melville
Posted on: February 2, 2025

Job Description:

Sr. Corporate Underwriter

You can get further details about the nature of this opening, and what is expected from applicants, by reading the below.

Hybrid Work Schedule

Currently located in Hauppauge, NY will be moving to Melville, NY in April 2025.



Merchants Insurance Group, a Northeast leader in Property and Casualty Insurance, has an exciting and rewarding career opportunity for a Sr. Corporate Underwriter to join our collaborative and dynamic Corporate Underwriting team. Our office is currently located in Hauppauge, NY and will be moving our location to Melville, NY in April 2025.

The Sr. Corporate Underwriter is a senior level subject matter expert for commercial lines underwriting. The Sr. Corporate Underwriter is primarily accountable to define appetite, guidelines, underwriting workflow and underwriting training for all commercial line products. Responsible for the delivery of the discipline underwriting process in each assigned office. That includes exposure analysis, coverage analysis, portfolio analysis, loss analysis. This position is also responsible for the attainment of commercial lines loss ratio and production goals through underwriting referrals, quality reviews and training. This position is responsible for managing and successful completion of Home Office Underwriting Reviews, compliance management and reinsurance referrals.

Merchants Insurance Group, rated A- (Excellent) with a positive outlook by the A.M. Best Company, is proud to be one of Buffalo Business First's Best Places to Work in Western New York (2023, 2024), a Fast Track company (2019-2024), and a Top Private Company (2019-2024). Merchants has been granted Ward's 50 designation as a top-performing property-casualty insurance company for four consecutive years. In October 2024, Newsweek and Statista included Merchants Insurance Group on their first-ever America's Most Reliable Companies list, which highlights organizations that other companies can feel confident doing business with in 2025. Of 1,500 B2B companies evaluated, Merchants was one of only 300 companies to make the list.

Merchants offers its colleagues a Hybrid work schedule. The Hybrid work schedule requires 8 full days per month in the office, with the option to work the remaining days at home or in the office. This exciting Hybrid Work benefit offers colleagues a flexible work schedule with the ability to remain connected with their Merchants team and colleagues.



Essential Duties and Responsibilities include, but are not limited to:

Responsible for developing and driving underwriting appetite, underwriting guidelines, training materials, and loss control requirements for new and renewal policies.
Assist Regional offices in their efforts to meet profit and production goals through the referral process, underwriting audits, training and loss analysis.
Provide technical advice and assistance to the field and other corporate departments to achieve regulatory compliance. This includes testing our systems both automated and manual to insure we are in compliance with our filings and the insurance codes of the various states.
Monitor total insured values (TIV) and catastrophe (CAT) exposure according to company CAT strategy.
Act as Project Lead or team participant on projects involving underwriting and loss control. Employ project management strategy, skills and procedures to meet project objectives.



Qualifications & Skills:

Qualified candidates will have a 4 year degree or equivalent work related experience. Master's degree desired.
10+ years line underwriting experience with underwriting management experience preferred.
CPCU or other insurance related coursework is highly desired.
Strong communication and organizational skills required.
Knowledge of local industry developments and trends.
Microsoft Office knowledge as well as the ability to work with internal company systems.



Merchants Insurance Group Pay information:

Merchants Insurance Group offers a competitive pay scale. The actual compensation will be determined based upon experience and other factors permitted by law. The pay range for this position is $102,000 - $156,000.



Merchants Insurance Group Benefits:

Welcoming and positive work environment
Hybrid work schedule
Flexible work arrangements, including flex scheduling and summer hours
Competitive pay scale
Generous paid time off package
Full Benefits: Health, Dental, Vision, Life Insurance, Short Term Disability, 401(k) employer match amount is 100% up to 6% of your annual contributions. You are immediately 100% vested in the employer match dollars
Outstanding company bonus program
Tuition Reimbursement

And many more exciting company benefits!! EOE

Keywords: Merchants Insurance Group, East Hartford , Sr. Corporate Underwriter, Other , Melville, Connecticut