Territory Underwriting Specialist

Reposted 5 Days Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Senior level
Insurance
The Role
The Territory Underwriting Specialist sells insurance products, maintains agency relationships, underwrites complex accounts, and develops new business in assigned territories.
Summary Generated by Built In
Markets companies' products and services to assigned Commercial Lines accounts and independent agencies. Selects agencies through identification of qualified partnerships and is the primary person involved in developing and maintaining agency relationships. Leads the underwriting (i.e., selection/rejection of new and renewal business) for assigned territory/book of business; primarily for new business and larger, more complex accounts. Manages components of development, growth and profitability for book of business and/or assigned territory. Collaborates as needed with office underwriting staff; particularly on smaller accounts and renewals. Regularly travels to key markets/accounts and remains highly visible in the marketplace. Implements plans and programs to contribute to the achievement of account and agency produced sales, profit, retention and premium goals.

What You’ll Do 

The Territory Underwriter Specialist will be responsible for agent and broker relationships.  The ideal candidate will work from home and reside in the Iowa territory. 

As a Territory Underwriting Specialist, you will: 

  • Solicit accounts through select agents and brokers 

  • Evaluate, underwrite, and price prospective accounts to select independent agents 

  • Serve as the primary contact with assigned agents and brokers 

  • Provide comprehensive sales expertise to increase production through agency channels 

  • Work with assigned agents and brokers on the coordinating of resolutions 

In addition, you will: 

  • Solicit accounts through appointed commercial lines independent agents and/or selected agents/brokers, or in response to inquiries from prospective clients, or referrals.  You will be tasked with prospecting potential new agencies and the related items such as coordinating agency appointments, agency evaluation/review and overseeing agency activity. 

  • Analyze quality and quantity of risks underwritten and manages a book of business within their current authority levels.  Initiate and implement market development programs designed to support and enhance market segmentation, penetration, sales and profitability. 

  • Evaluates prospective accounts and independent agencies to determine their acceptability and works closely with management, Underwriting, Loss Control and Claims in determination of acceptability of the risk and the services needed. 

  • Serves as primary contact with assigned accounts and agencies.  Provide service to and work in conjunction with the functional units of Loss Control, Claims and Operations to provide that service.  Develop and maintain relationship/services, procedures and contacts for assigned business products accounts and agencies. 

  • Provide comprehensive sales expertise to independent agencies to increase production.  Develop rapport with agents to develop acceptable and profitable business.  Assist in development of premium goals by agency and monitor agency results. 

  • Promote Sentry products and services to existing and potential customers. 

What it Takes 

  • Bachelor’s degree or equivalent work experience 

  • Minimum of 5 years of multi-line middle market underwriting experience handling accounts in construction, manufacturing, wholesale, real estate, and service industries 

  • Knowledge of the Iowa and Nebraska marketplace, and preferably existing or past relationships with larger independent agents 

  • Previous technical insurance experience, preferably with sales 

  • Experience with underwriting large complex accounts 

  • Exceptional communication and relationship building skills 

  • Strong business and pipeline development skills 

  • Ability to meet travel requirements of at least 33% of the time as you’ll be prospecting new business opportunities in an agent office; meeting with insureds during safety inspections, and participating in mid-year claims review meetings  

  • Ability to travel and have a valid driver’s license with the ability to maintain an acceptable motor vehicle record. Mileage reimbursement for all work-related local travel using your personal vehicle. 

What You'll Receive 

At Sentry, your total rewards go beyond competitive compensation. Below are some benefits and perks that you’ll receive. 

  • Company car with gas card. 

  • As a work from home associate, Sentry will provide equipment for your home office.  

  • 401(K) plan with a dollar for dollar match on your first eight percent, plus immediate vesting to help strengthen your financial future. 

  • Continue your education and career development through Sentry University (SentryU) and utilize our Tuition Reimbursement program 

  • Generous Paid-Time Off plan for you to enjoy time out of the office as well as Volunteer-Time off 

  • Group Medical, Dental, Vision, Life insurance, Parental leave, and our Health and Wellness benefits to encourage a healthy lifestyle. 

  • Well-being and Employee Assistance programs 

  • Sentry Foundation gift matching program to encourage charitable giving. 

About Sentry 

We take great pride in making Forbes’ list of America’s Best Midsize Employers. A lot of different factors go into that honor, many of which contribute to your job satisfaction. 

Our bright future is built on a long track record of success. We got our start in 1904 and have been helping businesses succeed and protect their futures ever since. Because of the trust placed in us, we’re one of the largest and financially strongest mutual insurance companies in the United States. We’re rated A+ by A.M. Best, the industry's leading rating authority. 

Our headquarters is in Stevens Point, Wisconsin, with offices located throughout the United States. From sales to claims, and information technology to marketing, we enjoy a rewarding and challenging work environment with opportunities for ongoing professional development and growth. 

Get ready to own your future at Sentry. Opportunities await! 

Joe Larsen

Senior Talent Acquisition Specialist

[email protected] 

Equal Employment Opportunity

Sentry is an Equal Opportunity Employer. It is our policy that there be no discrimination in employment based on race, color, national origin, religion, sex, disability, age, marital status, or sexual orientation.

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The Company
HQ: Stevens Point, WI
4,225 Employees
Year Founded: 1904

What We Do

Your business. Your employees. Your peace of mind. At Sentry, we understand what matters most to you. Because we’ve been there ourselves. We got our start in 1904, when members of the Wisconsin Retail Hardware Association formed their own insurance company. Establishing the company gave members strength in numbers, but it was the true strength of personalized service and Midwestern roots that became hallmarks of the Sentry name.

Today, we’ve grown to become a member of one of the largest and most financially secure insurance groups in the country by never forgetting where we came from. Perhaps that’s why many of our customers have been with us for decades.

And we can be there for you.

Our customers work in a wide range of industries, including transportation, manufacturing, metalworking, construction, auto dealerships, and more. From 401(k) plans and general liability to commercial property and workers’ compensation, we offer the insurance products that can help protect your business and your employees.

Our Stevens Point headquarters is the flagship of our business, which is supported by field offices strategically located throughout the United States. With more than $22.9 billion in assets, a $7.5 billion* policyholder surplus, and an A+ (superior) rating from AM Best,** the industry’s leading rating authority, we continue providing peace of mind.

One conversation at a time.

To learn more about us, the industries we serve, and the products we offer, visit sentry.com.

The content provided here is for informational purposes only: https://www.sentry.com/footer/legal-disclaimer.

*Assets and policyholder surplus are as of December 31, 2022, and represent the aggregate total for all members of the Sentry Insurance Group and are not reflective of any individual underwriting company.

**Sentry has an AM Best Financial Strength Rating (FSR) of A+ (superior), current as of June 2023. For details about AM Best’s rating scale, see ambest.com/ratings/guide.pdf.

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