Commercial Insurance Underwriter

The Commercial Insurance Underwriter’s focus will be to provide assistance in the overall underwriting of the Ace Hardware Insurance Program. Underwrite and competitively price new business risks that fall within agency’s risk tolerances and program guidelines. Evaluate New & Renewal policies (within personal authority level). Monitor renewals so they are completed, issued and the policies are received by AIA at least 30 or more days prior to the renewal date. Order and evaluate various reports to determine future underwriting actions including: renewing a risk with no changes, coverage modification and non-renewals. Report types: Inspections, Building Valuations, MVR's, Loss Runs, X-Mod worksheets and other UW related reports, including non-renewals using ODEN software. Complete and/or assist with additional projects or assignments as requested by the General Manager or UW Team Leader.

According to JobzMall, the average salary range for a Commercial Insurance Underwriter in 2200 Kensington Ct, Oak Brook, IL 60523, USA is between $56,000 and $86,000 per year. This salary range is an average based on the salaries of those in the same location and with the same job title.

Salaries can vary depending on experience, education, and skill set. Additionally, some employers may offer additional benefits or bonuses that can increase the overall salary.

Ace is the largest retailer-owned hardware cooperative in the world, with more than 5,160 hardware stores locally owned and operated across the globe. Ace and its subsidiaries operate an expansive network of distribution centers in the U.S. and also have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates. Its retailers' stores are located in all 50 states, the District of Columbia and approximately 65 countries.