Samuel Jacobs
Summary
Dynamic and results - driven commercial underwriter with extensive experience in the casualty insurance sector. Proven track record for exceeding sales targets, driving profitability and assessing/mitigating risks for diverse clients. Committed to fostering collaborative relationships with brokers, clients and internal stakeholders to drive business growth and achieve organizational objectives.
Overview
4
4
years of professional experience
Work History
Underwriter I
Argo Group
Wilmington
08.2023 - Current
- Achieved underwriting profitability while maintaining high customer satisfaction
- Skilled in risk assessment, analyzing complex submissions and customizing insurance solutions
- Successfully met underwriting targets, averaging 2M bound premium per quarter
- Averaging a quote to bind ratio of 70%, team average is 40%
- Cultivate and build strong relationships with brokers and clients to understand needs
- Proficient in underwriting software and tools to streamline processes and improve efficiency.
Underwriting Assistant
Argo Group
Wilmington
08.2022 - 01.2023
- Demonstrated expertise in the casualty division operations and commercial insurance products, ensuring accurate underwriting and risk assessment for clients
- Managed underwriting relationships with timely responses relative to service inquiries
- Assisted in the preparation and submission of quotes, proposals, and renewal applications for clients
- Proficient knowledge of underwriting principles, multiple product-specific coverages, policy forms, pricing tools, regulatory compliance and insurance systems
- Conducted thorough policy review and audits to ensure accuracy and compliance with regulations.
Licensed Property & Casualty Sales Associate
Policygenius
Durham
09.2021 - 06.2022
- Leveraged knowledge of 30+ carrier products and services to advise clients on appropriate coverage
- Assisted sales team in developing effective selling and positioning strategies with new company processes
- Utilized advanced sales skills to overcome objections, persuade clients to purchase policies while maintaining 30% close ratio, team average was 18%
- Trained agents on handling inbounds calls to increase written premium by 15% by improving proficiency and client experience
- Worked closely with different departments to promote products and marketing campaigns
- Customized existing insurance programs to suit individual clients by analyzing specific requirements and covering a variety of risks.
Licensed Property & Casualty Insurance Agent
AAA Carolinas
Raleigh
07.2020 - 09.2021
- Evaluated and pursued sales leads through direct referrals, networking and marketing
- Exceeded sales goals with company recognition while maintaining a high level of client retention and abide insurance industry regulations
- Maintained close business relationships with appointed carriers in an effort to provide excellent customer service for clients
- Implemented strategic marketing campaigns to generate new leads and identify potential clients
- Closed sales on new policies by presenting insurance options to clients accurately and efficiently.
Education
B.S., Business Administration, Finance- Concentration in Risk Management and Insurance -
East Carolina University
Greenville, NCSkills
- Commercial underwriting
- Sales target achievement
- Risk assessment
- Relationship building
- Underwriting software proficiency
- Casualty division operations
- Commercial insurance products
- Underwriting principles
- Policy review and audits
- Property & casualty sales
- Product knowledge
- Sales strategies
- Objection handling
- Client experience improvement
- Marketing campaigns
- Insurance regulations
- Sales lead evaluation
- Client retention
- Strategic marketing
- Insurance options presentation
University Activities
- Insurance Program
- Gamma Iota Sigma – Beta Theta Chapter
Timeline
Underwriter I
Argo Group
08.2023 - Current
Underwriting Assistant
Argo Group
08.2022 - 01.2023
Licensed Property & Casualty Sales Associate
Policygenius
09.2021 - 06.2022
Licensed Property & Casualty Insurance Agent
AAA Carolinas
07.2020 - 09.2021
B.S., Business Administration, Finance- Concentration in Risk Management and Insurance -
East Carolina University
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