Remote opportunity at
Distinguished ProgramsNew Business Underwriter - Commercial Real Estate Umbrella
Distinguished Programs runs insurance programs aimed at brokers and agents in 14 specialty lines plus a growing set of markets, reaching about 4,000 agencies and brokerages.…
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About This Role
Distinguished Programs runs insurance programs aimed at brokers and agents in 14 specialty lines plus a growing set of markets, reaching about 4,000 agencies and brokerages. This remote underwriter role belongs to the Real Estate Umbrella Program, a group that handles new business for condos, apartment buildings, retail, offices and light-industrial sites. The underwriter manages the new business pipeline, selects risks, qualifies submissions and prices them within program guidelines, and…
Job Description
Distinguished Programs runs insurance programs aimed at brokers and agents in 14 specialty lines plus a growing set of markets, reaching about 4,000 agencies and brokerages. This remote underwriter role belongs to the Real Estate Umbrella Program, a group that handles new business for condos, apartment buildings, retail, offices and light-industrial sites.
The underwriter manages the new business pipeline, selects risks, qualifies submissions and prices them within program guidelines, and negotiates terms directly with brokers and carriers. The role also covers midterm servicing within authority, checking that files are documented and data entry is accurate, and keeping the renewal list current to support retention. The underwriter supports the Product Manager by administering and monitoring underwriting workflows, rules and applications, gathers competitor and market information to suggest product and pricing improvements, and completes monthly peer or self audits. Work on wider company initiatives is also expected of the underwriter.
The posting asks for a bachelor's degree or equivalent experience and at least two years of commercial insurance underwriting. A property and casualty license is required, with up to six months allowed for preparation. Real estate insurance knowledge is preferred, and the role calls for analytical and quantitative ability along with strong negotiation skills. The base salary is listed at $65,000 to $80,000 plus bonus, based on knowledge, experience and location.
Responsibilities
- Manage the new business pipeline, including risk selection, qualification and pricing within guidelines
- Negotiate with brokers and carriers to confirm underwriting data and terms
- Handle midterm servicing and change requests within authority
- Assess incoming submissions for sound risk choices, pricing and coverage fit
- Maintain the renewal list to help policies stay in force
- Check that data entry and processing keep records trustworthy
- Support the Product Manager on underwriting workflows and applications
- Gather competitor and market intelligence to inform product and pricing ideas
- Complete monthly peer or self audits
Requirements
- Bachelor's degree or an equivalent mix of education and experience
- At least two years of commercial insurance underwriting
- Property and casualty license, with up to six months allowed to prepare
- Analytical and quantitative skills
- Strong verbal and written communication, including negotiation
- Self-driven, detail-oriented and organized, with good time management and prioritization
Qualifications
- Familiarity with commercial real estate risks (preferred)
Core Skills
Benefits
- Summer Fridays with a 2:00 PM finish, Memorial Day to Labor Day
- Medical, vision and dental coverage
- 401(k) with a 4 percent company match, vested immediately
- Life, disability and supplemental insurance
- Employee assistance program and telemedicine
- PTO, paid holidays, summer hours and paid parental leave
- Dependent daycare FSA and commuter account
- Sabbatical every seven years
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
Is this role remote?
Yes, the position is remote.
What is the salary?
The base salary is $65,000 to $80,000 plus bonus, based on knowledge, experience and location.
What experience is required?
A minimum of two years underwriting commercial insurance is required.
Is a license required?
Yes, a property and casualty license is required, with up to six months allowed to prepare.
Sample Interview Questions
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