Assistant Renewal Underwriter (Remote)

Shield Commercial Insurance Services specializes in contractors’ insurance coverage — from the ground to the rooftop, and everything in between! Since 2004, Shield has been known for providing superior products and customer service that deliver outstanding value and protection.

Shield is part of NSM Insurance Group, a global specialty insurance provider with more than $1.8 billion in premium across 25+ specialty insurance programs and brands around the world. Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.

Relationships are paramount at NSM because we know that’s what drives mutual, long-term success. We maintain an entrepreneurial spirit and startup mindset within an established organization that continues to redefine what specialty insurance means and how it impacts everyday lives. Employees are given endless opportunities to expand their interests and skillsets, push breakthrough ideas and take risks. Our open, supportive environment gives employees the confidence to take ownership of their work as if the business was their own.

At NSM, we Build Success every day for our people, carrier partners, agents and insureds — because we know our success is built on yours.

As an Underwriter specializing in processing renewals for a Managing General Underwriter (MGU), you will be responsible for evaluating and underwriting renewal applications for general liability insurance policies tailored for construction contractors. The Renewal Underwriter will ensure that all renewals meet the company’s underwriting guidelines and regulatory standards while maintaining profitability and client satisfaction.

Responsibilities

• Review and assess renewal applications for general liability insurance policies for construction contractors.
• Analyze risk factors and exposure related to the contractor’s operations, safety records, claims history, and financial stability.
• Determine appropriate pricing, coverage, and terms for renewal policies.
• Approve, modify, or decline renewal applications based on underwriting guidelines and risk assessment.
• Negotiate terms and conditions with brokers or agents as necessary.
• Ensure all underwriting decisions and actions are documented accurately and thoroughly.
• Maintain compliance with industry regulations, company policies, and underwriting guidelines.
• Prepare and present detailed reports on renewal underwriting activities.
• Collaborate with brokers and agents to gather necessary information and resolve any issues related to renewal applications.
• Provide exceptional customer service and support to brokers, agents, and policyholders.
• Communicate underwriting decisions and rationale clearly and professionally.
• Stay informed about industry trends, regulatory changes, and emerging risks related to construction contractors and general liability insurance.
• Participate in training and development programs to enhance underwriting skills and knowledge.
• Contribute to the development and improvement of underwriting guidelines and processes.

Qualifications

• Bachelor’s degree, Risk Management & Insurance majors a plus (preferred).
• Minimum of 2-4 years of underwriting experience, preferably in general liability insurance for construction contractors.
• Proven track record of successfully underwriting and processing renewals.
• Professional designations such as CPCU, ARM, or AU are a plus.
• Strong analytical and decision-making skills.
• Excellent communication and negotiation abilities.
• Proficiency in underwriting software and tools.
• Detail-oriented with strong organizational skills.
• Ability to work independently and collaboratively in a team environment.