Program Underwriter-Construction

Why Jencap?

We are one of the largest wholesale insurance intermediaries in the United States with expertise in wholesale brokerage, binding authority, and program management.

The common thread woven throughout our success story is our collaborative and driven team of people.

Our teams are empowered and work together to find solutions.

We have a passion culture – with teamwork, collaboration and a focus on growing individuals and giving them the tools & development opportunities to have a successful career.

Our Underwriters are responsible for managing and growing a book of profitable Construction business consisting of Commercial General Liability and Excess Liability insurance policies.

This role requires experience and judgement to analyze acceptability of risk, rate, quote, bind and service policies within underwriting guidelines while retaining producer relationships.

The Experienced Underwriter will work in our Red Bank, NJ office OR Can work remotely in the Greater NY or NJ area with time in office for meetings.

• Underwrite construction book of business in General Liability and Auto programs utilizing sound judgment and discretion as well as relying on underwriting policies and guidelines, rating, rules and insurance laws and regulations.
• Reviews, evaluates, markets and/or prices new and renewal applications, endorsements, and related documents within company/agency granted authority.
• Ensure delivery, follow-up and servicing requirements of all new business and renewal accounts. Provide technical underwriting support for assigned accounts/agencies within the team as well as making individual underwriting decisions on referred accounts.
• Accept, reject, classify, price, and bind insurance risks within granted underwriting authority. Also, broker/recommend to company underwriters beyond any authority grants. Prepare submissions for rating and handling by the staff. Effectively market and negotiate with brokers and insurance companies on individual accounts. Effective and timely communication to pursue opportunities.
• Effectively communicate with agent or broker clients, company underwriters, internal staff, and management to obtain additional information, quote rates, present proposals, explain company underwriting policies and coverage offerings, as well as servicing existing accounts.