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Commercial Insurance Underwriter - CT (REMOTE)

Foresight Commercial Insurance

Foresight Commercial Insurance

Marketing & Communications
Hartford, CT, USA
Posted on Friday, June 7, 2024

We at Foresight empower our Underwriters to establish and grow profitable portfolios in their home territory.

  • We only hire top talent - you will be the key person in your territory supported by top performers from across the country
  • We offer competitive compensation and benefit packages coupled with a true pay-for-performance bonus structure
  • We provide the best support team in the industry to promote your success

At Foresight, you will report directly to the Chief Underwriting Officer and own the P&L for your assigned territory. You will have the opportunity to establish a network of producers and pursue accounts that fit within our broad appetite for guaranteed cost Workers Compensation coverage. At Foresight, you will work across teams and disciplines who all work to help grow our book of business. Foresight’s culture allows for all members of our team to contribute and help affect change in our organization.

Foresight is a top 100 underwriter of guaranteed cost workers compensation insurance specializing in middle market high hazard, hard-to-place risks, with a cutting-edge safety technology platform that helps insureds reduce claim frequency. Foresight holds a strategic partnership with a top global commercial insurance partner in North America.

Our ideal teammate is an expert in Workers Compensation Underwriting with a passion for building deep and profitable agency relations.

About Foresight

Far too many workers in high-risk industries are injured on the job, or worse, never make it home to their families at all. Foresight sees a future where workplace injuries are a thing of the past. We accomplish this through our two visionary brands: Foresight Insurance and Safesite.

As the insurer of the future, our workers’ compensation insurance brings real-time safety engagement technology and dedicated safety coaching together to turn insight into action, driving down business costs and reducing claims. Powered by our proprietary Safesite technology, we blend a custom-tailored safety program with dedicated consulting services, improving client safety behavior and helping eliminate accidents and claims. In a 2022 study, we demonstrated a capability to reduce claims frequency for clients by 18% in just the first year. Deploying the latest technologies into the field and capturing critical safety and risk data from the frontline workers, we link safety performance to insurance and pricing—informing our underwriters’ ability to provide a holistic and competitive quote to our brokers and clients.

Foresight is backed by strong global investors and completed an impressive Series B raise in 2022, bringing funds raised to $59 Million. Safesite’s innovative Safesite Score is patented. We consistently rank on numerous global top Insurtech lists.

About our Culture

Our team of bright, energized, and motivated people come from a vast array of backgrounds and industries. They are drawn to Foresight by our purpose, our fresh approach to work/home balance and wellness, and by our commitment to our values: Simplicity, Tenacity, Comradery, Aim Higher, Home Safe, and Be Agile.

Our ideal candidates are dynamic self-starters with a sense of teamwork, a commitment to moving the insurance and safety industry forward, and an appreciation for the work and industries our clients dedicate themselves to.

Responsibilities

  • Field underwriting guaranteed cost WC with country-wide coverage on A-XV rated paper in assigned territory.
  • Manage your region’s producer relationships to ensure new business pipelines generate a steady stream of business opportunities.
  • Ownership of UW quality within your portfolio - responsible for growth, pricing, underwriting quality and meeting service standards.
  • Ensure that new and renewal business fits Company strategy and that the underwriting process and procedures are aligned.
  • Provide client education ensuring producer and broker partners understand our product features and technology value proposition.
  • Capitalize on market conditions, develop competitive intelligence and make recommendations regarding new and/or existing products, programs, risk appetite and services.
  • Continuously grow knowledge of forms, coverage, rating plans, market conditions, manuals and company position papers.