Commercial Insurance Underwriter - Indianapolis, IN (REMOTE)

Foresight Risk and Insurance Services, Inc. ("Foresight") is looking for a Commercial Insurance Underwriter with construction experience based on the East Coast. We are seeking all levels of Underwriters (Associate Underwriters, Underwriter, Senior Underwriters & Executive Underwriters) and title and compensation will be defined according to your experience. You will be responsible for maintaining our portfolio of commercial clients and underwriting new and renewal business with guidance from the VP, Underwriting. This person must be based in the Indianapolis region (or the surrounding area).

In this role you will be responsible for achieving growth and profit objectives by appropriate risk selection, book management, business development and agency management. The ideal candidate has a proven background in underwriting, agency relations and has the ability to develop strong, long-lasting client relationships. This person will be responsible for Underwriting, along with agency management. This role may travel up to 25% of the time for agency management/business development responsibilities.

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.
• Continuously manage 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.

Requirements

• 7 years minimum experience underwriting commercial workers compensation
• Proven record or building a book of business in assigned territory
• Ability to work independently - we are here to support you, but you own the results for your territory
• Self-starter with proven drive and initiative to deliver results
• Team player and who gets satisfaction from helping others
• Excellent verbal and written communication skills - you will be the face of Foresight in your territory

Benefits

• Industry-leading career development opportunities
• Competitive salary
• Generous paid time off including 14 paid holidays, personal days and paid sick leave
• Medical, dental, and vision insurance
• Monthly wellness stipend
• Home office equipment provided to create a comfortable and productive work set up
• Learning and development stipend to use on courses, conferences, or other upskilling opportunities
• 401(k)
• Paid parental leave

As a fully remote company, the compensation range provided is based on a wide range of factors including, but not limited to, skill sets, experience, and other business and organizational needs and is based on national averages*. We are seeking all levels of Underwriters (Associate Underwriters, Underwriter, Senior Underwriters & Executive Underwriters) and title and compensation will be defined according to your experience. At Foresight it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $80,000 - $130,000 + bonus + equity.

*Location will be considered if the role is required to be located in a certain geographic area