Job Title: Commercial Lines Underwriter

Job Summary:

The Commercial Lines Underwriter is responsible for evaluating and underwriting insurance risks for commercial clients. This role involves analyzing applications, determining coverage terms, pricing policies, and ensuring profitable risk selection in line with company guidelines and regulatory standards.

Key Responsibilities:

1. Risk Assessment & Underwriting

Evaluate commercial insurance applications (property, liability, motor, etc.)
Analyze risk exposures, financial statements, and loss histories
Determine appropriate coverage, limits, terms, and pricing

2. Policy Management

Underwrite new business, renewals, and endorsements
Review and approve policy documentation
Ensure accuracy and compliance with underwriting guidelines

3. Broker & Client Relationship Management

Build and maintain relationships with brokers, agents, and clients
Provide underwriting guidance and support to distribution partners
Negotiate terms and conditions to secure profitable business

4. Portfolio Management

Monitor portfolio performance, loss ratios, and profitability
Identify trends and recommend corrective actions
Maintain a balanced and diversified book of business

5. Compliance & Regulations

Ensure adherence to regulatory requirements and internal policies
Maintain proper documentation and audit trails
Stay updated on industry regulations and market developments

6. Collaboration

Work closely with claims, actuarial, and risk engineering teams
Support product development and pricing strategies
Contribute to process improvements and automation initiatives

Requirements:

Bachelor’s degree in Finance, Business Administration, Insurance, or related field
Professional certifications (e.g., ACII, CPCU) are an advantage
3–6+ years of experience in commercial underwriting
Strong analytical and decision-making skills
Knowledge of commercial insurance products and risk evaluation

Key Skills:

Risk Analysis & Assessment
Financial Analysis
Negotiation & Decision-Making
Attention to Detail
Relationship Management
Problem-Solving

Working Conditions:

Office-based role (with possible hybrid/remote options)
Interaction with brokers, agents, and internal stakeholders
Standard business hours with occasional deadlines

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Commercial Lines Underwriter