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DB Insurance is seeking a Commercial Line Underwriter to join our team. This role is open to both experienced professionals and entry-level candidates or individuals looking to transition into commercial underwriting. Exposure to Commercial Multi-Peril (CMP), Commercial Auto, Commercial Umbrella, or Workers’ Compensation is a plus. Applicants must currently reside in Hawaii to be considered for this position.
Responsibilities
Underwrite and manage a portfolio of Commercial Lines policies, ensuring compliance with company guidelines and regulatory requirements
Analyze risk data of prospective insurance applicants to identify hazards and exposures for endorsements and renewals
Collaborate with the underwriting team to enhance knowledge of insurance processes, operational procedures, and underwriting best practices
Effectively manage agency relationships to drive growth and profitability.
Work closely with other team members and management to achieve monthly and annual branch goals
Assess applications to determine whether to accept, modify, or decline accounts in alignment with underwriting guidelines
Build and maintain strong agency relationships to foster growth and support business development efforts
Monitor market trends, industry developments, and regulatory changes to adjust underwriting strategies accordingly
Review data accuracy and prepare monthly closing reports for each product line
Requirements
Some experience in underwriting CMP, Commercial Auto, Commercial Umbrella, or Worker’s Compensation
Bachelor’s degree in Business, Finance, Insurance, or a related field, or equivalent experience
Strong analytical and decision-making skills, with a solid understanding of underwriting principles
Excellent communication skills, with the ability to work collaboratively with agents and internal teams
Ability to collaborate effectively with cross-functional teams to meet goals
Proficiency in Microsoft Office Suite/Google Workspace applications and underwriting software
Applicants must currently reside in Hawaii to be considered for this position.
Nice-to-haves
Professional designations such as CPCU (Chartered Property Casualty Underwriter) or AU (Associate in Underwriting) are a plus
Strong background and specialized experience in Worker’s Compensation
Benefits
Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
Paid time off and sick leave
13 annual paid holidays
401(k) plan with up to 4% company match
Flexible Spending Account (FSA) & Dependent Care FSA