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⬇ IMPORTANT MESSAGE FOR THE INSURANCE INDUSTRY ⬇ Are you ready for the next big challenge? Reach out to Michael Gottlieb 🎗️ and let's start the conversation. #Underwriters #Insurance #Innovation

#hiring *Production Underwriter (I,II,III)*, Cleveland, *United States*, $164K, fulltime #opentowork #jobs #jobseekers #careers $164K #Clevelandjobs #Ohiojobs #InsuranceSuperannuation *Apply*: https://lnkd.in/gVduqbEg FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles. AFM is looking for a Production Underwriter to join the Cleveland Office. We are open to considering candidates with varying levels of experience and qualifications. The AFM Production Underwriter is responsible for both new business production as well as renewal retention while maintaining underwriting profit and protecting the company's assets. The Production Underwriter demonstrates team leadership and initiative, good judgment, and decision-making skills. The Production Underwriter must effectively market AFM products and services to a network of producers with whom long-term relationships are developed, maintained, and cultivated. The AFM production underwriter is responsible for profitable risk selection, negotiation of pricing, terms and conditions, and using creative underwriting strategies to optimize net retentions that effectively balance both customer and company needs. The Production Underwriter is responsible to coordinate account team resources to provide excellent and responsive services that add new value to our broker and customer relationships. The Production Underwriter works closely with Account Engineers to review renewal and new business opportunities to ensure proper risk identification, analysis and assessment. This is in order to ensure the development and growth of a profitable portfolio of business in the Southeast territory. AFM Production Underwriters primary relationships are with Brokers and reinsurers for insurance-related issues. Responsibilities include meeting specific profit, production, and retention goals as developed in consultation with Regional and Area manager. Multiple business contacts must be established, and an effective program of calls must be implemented to ensure high visibility. New risks must be pre-qualified based on acceptability today and its future potential. This includes a thorough analysis of the broker submission, desired pricing, terms and conditions, financial condition, adequacy of reported values, and loss experience. The company's assets must be protected by adhering to company underwriting sta

#hiring *Production Underwriter (I,II,III)*, Cleveland, *United States*, $164K, fulltime #opentowork #jobs #jobseekers #careers $164K #Clevelandjobs #Ohiojobs #InsuranceSuperannuation *Apply*: https://lnkd.in/dYPybDEj FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles. AFM is looking for a Production Underwriter to join the Cleveland Office. We are open to considering candidates with varying levels of experience and qualifications. The AFM Production Underwriter is responsible for both new business production as well as renewal retention while maintaining underwriting profit and protecting the company's assets. The Production Underwriter demonstrates team leadership and initiative, good judgment, and decision-making skills. The Production Underwriter must effectively market AFM products and services to a network of producers with whom long-term relationships are developed, maintained, and cultivated. The AFM production underwriter is responsible for profitable risk selection, negotiation of pricing, terms and conditions, and using creative underwriting strategies to optimize net retentions that effectively balance both customer and company needs. The Production Underwriter is responsible to coordinate account team resources to provide excellent and responsive services that add new value to our broker and customer relationships. The Production Underwriter works closely with Account Engineers to review renewal and new business opportunities to ensure proper risk identification, analysis and assessment. This is in order to ensure the development and growth of a profitable portfolio of business in the Southeast territory. AFM Production Underwriters primary relationships are with Brokers and reinsurers for insurance-related issues. Responsibilities include meeting specific profit, production, and retention goals as developed in consultation with Regional and Area manager. Multiple business contacts must be established, and an effective program of calls must be implemented to ensure high visibility. New risks must be pre-qualified based on acceptability today and its future potential. This includes a thorough analysis of the broker submission, desired pricing, terms and conditions, financial condition, adequacy of reported values, and loss experience. The company's assets must be protected by adhering to company underwriting sta

Underwriter role in an insurance company! An underwriter in an insurance company plays a crucial role in the risk assessment and decision-making process. Their primary responsibility is to evaluate and assume risks on behalf of the insurance company. Here are some key tasks that an underwriter typically performs: 1. Risk assessment: Analyzes applications, medical records, and other data to determine the level of risk associated with insuring an individual or business. 2. Policy issuance: Decides whether to approve or decline insurance applications based on the assessed risk. 3. Premium determination: Sets insurance premiums based on the level of risk, coverage amount, and other factors. 4. Policy terms: Defines the terms and conditions of the insurance policy, including coverage limits, deductibles, and exclusions. 5. Claims review: May review and investigate claims to ensure they are valid and meet the policy terms. Underwriters must balance the need to assume risks with the need to minimize potential losses for the insurance company. They use their expertise, industry knowledge, and data analysis to make informed decisions that support the company's business objectives. Underwriter professional, please explain more your job role in details! Let me know if you have further questions! #insurance #underwriter #riskmanagement #generalinsurance #lifeinsurance #insuranceindustry

Navigating the challenges with your current E&O underwriter can be frustrating. Many brokers and agents face issues such as rigid policies, lack of customization, slow response times, and insufficient coverage options. These obstacles not only complicate your work but also impact the quality of service you can provide to your clients. At US Risk, we understand these pain points and are here to help. Our team specializes in delivering tailored professional liability solutions that fit the unique needs of your clients. With a focus on flexibility, responsiveness, and comprehensive coverage, we strive to make your job easier and your clients more secure. You need a professional liability underwriter who works for you. Let's work together to elevate your E&O offerings with tailored solutions that meet your clients' specific needs. Reach out to us today and discover how US Risk can be your trusted partner in professional liability. #Insurance #Brokers #Agents #ProfessionalLiability #USRisk

Trading Underwriters or experienced Commercial Underwriters, are you ready for a new challenge? We recently caught up with Sam who gave an insight to what it is like to be a Regional Senior Underwriting Technician at NFU Mutual: 🌟 What motivated me to choose NFU Mutual: "I joined NFU Mutual because I wanted to explore new opportunities outside the London insurance market. The role offered me professional challenges similar to what I experienced in London, but with a balanced lifestyle and supportive work environment. NFU Mutual's reputation and flexibility were key factors in my decision." 🌟 What I enjoy most about my role: "I love the variety my role offers—from handling complex cases to mentoring junior underwriters. It's a great mix of technical underwriting and supporting and coaching Underwriters. Helping others grow their skills and confidence is truly rewarding." 🌟 What's Different at NFU Mutual: "NFU Mutual is incredibly supportive and flexible, with a strong emphasis on work-life balance. The company is evolving rapidly, expanding into new markets and commercial operations. This is an exciting time to be part of such dynamic changes." 🌟 My journey: "I've been with NFU Mutual for over three years, starting in a property underwriting role. My journey has taken me from handling large, complex cases in LCI to my current role as a Regional Senior Technician Underwriter. The company's commitment to continuous improvement has provided me with numerous development opportunities." 🌟 Advice for Anybody Joining: "Be prepared for responsibility and be ready to mentor and support others. This role requires a blend of technical expertise and interpersonal skills. It's varied and engaging, offering plenty of opportunities for growth. If you value a supportive environment and want to make a meaningful impact, NFU Mutual is the place for you." 🌟 Why should people choose NFU Mutual?: "NFU Mutual offers a supportive and flexible work environment, exciting growth opportunities, and a strong emphasis on work-life balance. The company is committed to continuous improvement and values employee input. Despite its farming association, NFU Mutual is broadening its focus, making it a compelling choice for anyone looking to advance their career in insurance." If you would like the opportunity to be part of the team find out more: https://lnkd.in/eSNwUhzU https://lnkd.in/ef8T_ff4 https://lnkd.in/eVNxyMc2 https://lnkd.in/exVbWEfV https://lnkd.in/ezv3i7dy

#Urgent Hiring Agency Manager Liability Job Title: AM - Liability Experience: 6-8 years Education: B.TECH/BE, MBA Finance, Licentiate and Associate in Insurance   Job Description: As an AM - Liability with 6-8 years of experience, you will play a crucial role in managing and expanding our client base, specializing in liability sales. Your primary focus will be on handling clients, particularly in the realm of credit insurance and 3rd party liability. This position demands a strong background in sales, a deep understanding of liability products, and the ability to cultivate and maintain client relationships. Liability & Financial Lines Insurance Clauses knowledge of D&O, Credit Insurance, Commercial General Liability, Public Liability, Product Liability, special Contingency and other Financial & Liability Lines with experience in Insurance division and Insurance Broking Industry & Expert in Financial Lines Responsibilities: Client Management: ·       Build and maintain strong relationships with clients, understanding their needs and ensuring client satisfaction. ·       Regularly engage with clients to assess their evolving requirements and provide tailored solutions. Liability Sales: ·       Drive the sales of liability products, including credit insurance and 3rd party liability offerings. ·       Develop and implement effective sales strategies to achieve and exceed revenue targets. Product Expertise: ·       Stay abreast of industry trends, market conditions, and competitor offerings in the liability domain. ·       Provide in-depth knowledge of our liability products to clients and internal teams. Risk Assessment: ·       Conduct thorough risk assessments for clients and recommend appropriate liability solutions. ·       Collaborate with underwriting teams to ensure accurate risk evaluation and pricing. Cross-functional Collaboration: ·       Work closely with internal teams such as underwriting, legal, and finance to streamline processes and ensure a seamless client experience. ·       Collaborate with colleagues to identify opportunities for cross-selling and up selling liability products. Negotiation and Contract Management: ·       Lead negotiations with clients, ensuring favorable terms for both parties. ·       Manage the preparation and execution of contracts, adhering to company policies and legal requirements. ·       Develop and execute strategies to expand the client base and increase market share. Reporting and Analysis: ·       Provide regular reports on sales performance, market trends, and client Interested Candidates can share their CV - sarasvady.techy@gmail.com #LiabilitySales #InsuranceExpert #ClientRelationships #RiskAssessment #FinancialLines #CreditInsurance #ThirdPartyLiability #LegalRequirements #MarketSegments #ClientEngagement #RevenueTargets #IndustryTrends #RiskEvaluation #FinancialExpertise #ClientNeeds #MarketShare #SalesAnalysis #ClientFeedback #BusinessOpportunities

Ideal Underwriter We Want !!! An underwriter is a crucial figure in the insurance industry, acting as a gatekeeper and financial risk assessor for insurance companies. Their primary role involves evaluating applications for insurance and determining whether or not to provide coverage. This process entails a meticulous assessment of the risks involved in insuring an applicant. Here's a breakdown of the key responsibilities of an ideal underwriter: Risk Evaluation: Underwriters analyze the likelihood and severity of potential claims associated with an insurance policy. This involves reviewing information, claims data, exposure breakup, SOV, safety and security features, etc.. Data Analysis: They leverage various data sources, including actuarial tables (statistical data on insured/occupancy groups), credit reports, and industry trends to assess risk. Pricing & Coverage: Based on their risk assessment, underwriters determine the premium amount (the cost of the insurance policy) and the specific coverage details of the policy. This might involve setting limits or excluding certain risks. Decision-Making: Underwriters make the final call on whether to approve or deny an application. They may also decide to offer coverage with modifications, such as a higher premium or exclusions. In essence, underwriters ensure the financial stability of the insurance company by balancing the need to provide coverage with the need to manage risk and maintain profitability. Their decisions directly impact the premiums customers pay and the types of coverage available. However, Business Development Team does a great job as the market lacks Ideal Underwriter🤐 .

I was speaking to a group of insurance agents on how to be a Top Sales .I told them they need both IQ and EQ to succeed. Insurance agents can survive with low emotional intelligence (EQ), but thriving in the field typically requires a higher level of EQ. Here's why: 1. **Client Relationships**: Building trust and rapport with clients is crucial in insurance. Agents with high EQ can better understand clients' needs and concerns, leading to stronger relationships and more successful sales. 2. **Communication**: Effective communication is key to explaining complex insurance products. High EQ helps agents interpret and respond to clients' emotions, making their communication more effective. 3. **Conflict Resolution**: Handling disputes and addressing complaints are part of the job. Agents with high EQ can navigate these situations more smoothly, maintaining client satisfaction and loyalty. 4. **Team Collaboration**: Insurance agents often work with colleagues and other professionals. High EQ facilitates better teamwork and collaboration, leading to improved performance and job satisfaction. 5. **Adaptability**: The insurance industry is dynamic, and agents need to adapt to changes quickly. High EQ helps in managing stress and remaining flexible in challenging situations. While technical skills and industry knowledge are essential, EQ enhances an agent's ability to connect with clients, resolve issues, and adapt to changing circumstances, all of which contribute to long-term success in the field.

 Job Title: Senior Manager - Underwriting (Commercial) Location: Gauteng Job Type: Full-time Level: Senior Management Experience: 8-10 years We seek an experienced Senior Manager to lead our Commercial Underwriting team, ensuring risk mitigation, product development, and strategic innovation. The successful candidate will oversee underwriting projects, manage risk, and foster stakeholder engagement. Key Responsibilities: Underwriting 1. Provide authoritative recommendations on technical underwriting solutions. 2. Oversee underwriting projects and ensure adherence to guidelines. 3. Determine levels of indemnity and provide input on reinsurance requirements. Risk Management & Analysis 1. Manage risk management processes and contribute to policy development. 2. Evaluate insurance risks and collaborate with surveyors. 3. Identify claims patterns and adjust underwriting practices. Stakeholder Engagement 1. Build relationships with internal and external partners. 2. Manage external relationships and operate within SLAs. 3. Influence project teams to ensure timely completion. Strategy Formation & Implementation 1. Develop and implement departmental strategy. 2. Ensure successful implementation and alignment with business needs. Underwriting Policy Development & Implementation 1. Develop policy frameworks and wording. 2. Create underlying procedures and monitor implementation. Operational Compliance 1. Ensure regulatory compliance and manage audits. 2. Align business objectives with organizational principles. Leadership and Direction 1. Communicate strategy and vision to the team. 2. Enable team development and monitor performance. 3. Revise role profiles for customer-focused context. Improvement/Innovation 1. Identify shortcomings and implement improvements. 2. Leverage industry information for process enhancements. 3. Conduct market comparisons to ensure competitiveness. Data Exploration and Analysis 1. Conduct research and analyze key themes and trends. 2. Drive continual market comparison and analysis. Performance Management 1. Manage team performance and set objectives. 2. Hold monthly team meetings and ensure action execution. Budgeting 1. Manage department budget plans. 2. Ensure financial requirements meet business targets. Personal Capability Building 1. Maintain external accreditations and industry knowledge. 2. Provide informal training and coaching. Organizational Capability Building 1. Identify team development needs. 2. Plan actions for professional capability building. Desired Experience & Qualifications: - Education: Grade 12/SAQA Accredited Equivalent; Relevant Degree (Business Management/BCom or equivalent) - Certifications: FAIS & RE5; IISA or accreditation in Insurance (advantageous); Key Individual Accreditation (advantageous) - Experience: 8-10 years in short-term insurance; senior-level technical underwriting experience; knowledge of regulatory requirements