Commercial Transportation Underwriter

Job Description

We are seeking an experienced, highly motivated insurance professional to join our fleet underwriting team. This person will have excellent communication skills and develop strong relationships with all of our business partners, most critically our customers and our exclusive network of independent brokers. Further, this candidate will exhibit strong analytical and investigative skills, a holistic understanding of the commercial insurance process, and a desire to serve our customers with a best-in-class, value-driven insurance product. The ideal candidate will have the depth of experience and superior analytical skills necessary to complete detailed loss analyses, understand an insured’s total cost of risk, analyze public data and telematics information, and seek a detailed understanding of each insured’s operations, for the purposes of profitably growing DMC’s book of business and building long-term partnerships with our customers. Lastly, the ideal candidate will add to and bolster DMC’s unique culture – a workplace built on enthusiasm, entrepreneurship, integrity, communication, proactive problem solving, and a genuine passion for helping our customers and brokers.

Responsibilities

• Evaluate and price new business and renewal transportation insurance accounts, using submitted application materials, historic loss data, public/government information, telematics data, internet research, financial analysis and any other relevant tools.
• Work closely with our exclusive network of independent brokers and customers via phone, email, web communication, or in-person visits, as needed.
• Contribute directly to DMC’s corporate goals of profitable growth via the direct management of a book of transportation business.
• Perform book-level analysis and regular, active account management for your portfolio, in conjunction with various DMC functional areas, such as Claims, Risk Engineering, Finance or Actuarial.
• Maintain an understanding of existing laws and regulations, emerging technologies, and competitor actions that can impact our customers, our product offering, or our pricing.
• Assist management with special projects, product development, form/rate/rule filings, market research, or broker/customer research and engagement initiatives.
• Other underwriting duties, as assigned by management.
  
  

Requirements:

• Bachelor’s Degree required, preferably in insurance, actuarial science, mathematics/statistics, business administration, or related field.
• Prior insurance experience required, with commercial fleet underwriting Excess Liability for transportation risks is strongly preferred. Ideal candidate will have experience with external communication to brokers, customers, and other stakeholders.
• Will abide by departmental policies and procedures, including regulatory compliance (rate and form), as well as internal audit controls and UW authority, as granted by DMC’s Executive Vice President of Underwriting.
• Customer service orientation, strong listening skills, ability to present findings.
• Familiarity with ISO rating methodology and proprietary rating models.
• Proficiency in Microsoft Office suite (especially Excel).
• Travel, as needed (0-20% of time) to visit key prospects, support executive initiatives, and participate in industry events/trade shows.
• Must be a self-starter with ability to manage time in a fast-paced environment, prioritize critical tasks, communicate with management on status, and deliver on objectives in a timely fashion.
• Must be able to work proactively in independent settings, as well as work collaboratively with a team.
  
  

Company Description

DMC Insurance is a subsidiary of Crum & Forster Company and Fairfax Group and offers a competitive salary commensurate with experience and potential of its employees. This comprehensive benefits plan includes medical, dental, life, disability, a generous 401k employer match program, and an Employee Stock Purchase Plan through Fairfax. Employees also enjoy Paid Time Off, paid holidays, and various career development opportunities, including tuition reimbursement. The company fosters a supportive work environment with amenities like an onsite gym and actively encourages community engagement through charitable giving and volunteer programs. DMC values employee input and offers opportunities to shape the company culture through employee-led committees. These offerings and the DMC team are what contribute to our reputation and standing as one of Indianapolis’s Top Workplaces.

All qualified applicants to DMC Insurance are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.

DMC Insurance is a subsidiary of Crum & Forster Company and Fairfax Group and offers a competitive salary commensurate with experience and potential of its employees. This comprehensive benefits plan includes medical, dental, life, disability, a generous 401k employer match program, and an Employee Stock Purchase Plan through Fairfax. Employees also enjoy Paid Time Off, paid holidays, and various career development opportunities, including tuition reimbursement. The company fosters a supportive work environment with amenities like an onsite gym and actively encourages community engagement through charitable giving and volunteer programs. DMC values employee input and offers opportunities to shape the company culture through employee-led committees. These offerings and the DMC team are what contribute to our reputation and standing as one of Indianapolis’s Top Workplaces. All qualified applicants to DMC Insurance are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.