
Multi Line Commercial Lines Underwriter - Small Business
Welcome to Travelers! We are a leading insurance company dedicated to providing peace of mind and protection to our clients. We are currently seeking a highly skilled and experienced Multi Line Commercial Lines Underwriter to join our team. In this role, you will have the opportunity to work with small businesses and help them protect their assets from potential risks. We are looking for someone who is passionate about underwriting and has a strong understanding of the commercial insurance industry. If you have excellent analytical and communication skills and enjoy building relationships with clients, then we want to hear from you! Join our team and be a part of a dynamic and collaborative environment where your expertise and contributions will be valued and rewarded.
- Evaluate and underwrite commercial insurance policies for small businesses.
- Review and analyze insurance applications, risk assessments, and other relevant documents to determine coverage and premiums.
- Communicate effectively with agents and brokers to discuss policy terms, negotiate rates, and address any concerns or questions.
- Stay updated on industry trends, regulations, and changes in the market to make informed underwriting decisions.
- Conduct thorough risk assessments to identify potential hazards and determine appropriate coverage.
- Collaborate with other underwriters and team members to ensure consistency and accuracy in underwriting decisions.
- Maintain a high level of customer service by providing timely and accurate responses to inquiries and requests from clients.
- Develop and maintain strong relationships with agents, brokers, and other stakeholders to foster trust and loyalty.
- Monitor and manage policy renewals, endorsements, and cancellations, ensuring compliance with company guidelines and regulations.
- Provide guidance and support to less experienced underwriters and assist with training and development as needed.
- Utilize underwriting tools and systems to analyze data and make sound underwriting decisions.
- Adhere to company policies, procedures, and guidelines to ensure compliance with industry regulations and company standards.
- Continuously strive to improve underwriting processes and procedures to increase efficiency and effectiveness.
- Participate in meetings, training, and professional development opportunities to stay current with industry best practices and advancements.
- Maintain accurate and detailed records of underwriting activities and decisions.
Excellent Analytical And Problem-Solving Skills.
Bachelor's Degree In Business, Finance, Or A Related Field.
Minimum Of 3-5 Years Of Experience In Commercial Lines Underwriting, Preferably In Small Business.
Strong Knowledge Of Insurance Laws, Regulations, And Industry Trends.
Ability To Effectively Communicate And Negotiate With Clients And Colleagues.
Risk Management
Account Management
Market Research
Negotiation
customer service
Policy Analysis
Relationship Building
Sales Support
Risk assessment
Business acumen
Underwriting Guidelines
Communication
Conflict Resolution
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
Empathy
According to JobzMall, the average salary range for a Multi Line Commercial Lines Underwriter - Small Business in Dartmouth, NS, Canada is between $45,000 and $70,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or organization.
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The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.

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