1

Preferred Risk Insurance Jobs in Virginia (NOW HIRING)

Insurance Risk Specialist

Tysons, VA ยท On-site

$99K/yr

Preferred Qualifications * ARM, CPCU, CRM, AIC, or similar insurance designation. * Experience in ... Familiarity with contractual risk transfer and insurance requirements in customer and subcontract ...

Insurance Risk Specialist

Tysons, VA ยท On-site

$99K/yr

Preferred Qualifications * ARM, CPCU, CRM, AIC, or similar insurance designation. * Experience in ... Familiarity with contractual risk transfer and insurance requirements in customer and subcontract ...

Personal Risk Specialist

Norfolk, VA ยท On-site

$95K/yr

Personal Risk Specialist The Personal Risk Specialist is an outside sales position focused on ... Insurance Practice and Regional Office. * College degree preferred but high school diploma or ...

Risk Manager

Harrisonburg, VA ยท On-site

$75K - $85K/yr

The Risk Manager is an exempt full-time position with benefits and a preferred hiring range of $36 ... Your duties will also include advising on insurance requirements for special events and vendor ...

The Risk Manager reports directly to the Director, Risk Management and Insurance Operations ... Epic experience preferred. Certified Professional in Healthcare Risk Management (CPHRM) or ...

Masters degree in Business or Health related field preferred Name of Degree (Required) Certification/Licensure * insurance Associate in Risk Management (ARM) certification, Certified Safety ...

Risk Analyst

Richmond, VA ยท On-site +1

$87K - $110K/yr

OVERVIEW Risk Analyst Location: Deerfield, IL | Remote Department: Corporate Services Overview At ... Preferred Qualifications * Experience within a regulated industry such as insurance, financial ...

New

The Risk Manager reports directly to the Director, Risk Management and Insurance Operations ... Graduate Degree preferred. Experience: Minimum of 5 years of clinical experience. Minimum of 3 ...

Risk Manager

Harrisonburg, VA ยท On-site

$75K - $85K/yr

The Risk Manager is an exempt full-time position with benefits and a preferred hiring range of $36 ... Your duties will also include advising on insurance requirements for special events and vendor ...

Insurance & Risk Financing * Oversee all aspects of the company's insurance programs, including ... or CTP certification preferred. * 15+ years of progressive experience in treasury, corporate ...

next page

Showing results 1-20

Preferred Risk Insurance information

What is preferred risk insurance?

Preferred Risk Insurance refers to insurance policies offered to individuals or businesses that are considered low risk by insurance companies. These policyholders typically have a favorable claims history, good credit, and other positive risk factors, which can result in lower premiums and better coverage options. Preferred risk categories exist in various types of insurance, including auto, home, and life insurance, and are used by insurers to reward responsible customers. Being classified as a preferred risk can help you save money and access more comprehensive insurance products.

What are the key skills and qualifications needed to thrive as a preferred risk insurance underwriter?

To thrive as a Preferred Risk Insurance Underwriter, you need a solid understanding of risk assessment, insurance policies, and underwriting principles, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, industry databases, and insurance regulations is crucial, and professional certifications like CPCU or AU are often preferred. Strong analytical thinking, attention to detail, and effective communication are vital soft skills for evaluating applications and collaborating with agents or clients. These skills ensure accurate risk evaluation, profitable decision-making, and regulatory compliance within the insurance industry.

What are some common challenges faced by professionals working in preferred risk insurance, and how can they effectively address them?

Professionals in Preferred Risk Insurance often face the challenge of accurately assessing and underwriting applicants who fall within favorable risk categories, while ensuring compliance with regulatory standards. Balancing competitive pricing with profitability is another key challenge, as is staying updated on evolving risk factors and industry trends. To address these issues, it's important to maintain strong analytical skills, foster clear communication with underwriting and sales teams, and regularly participate in training sessions or industry seminars. Collaboration with actuaries and claims specialists is also essential to ensure consistent risk evaluation and policy management.

What is the difference between Preferred Risk Insurance vs Commercial Insurance Agent?

AspectPreferred Risk InsuranceCommercial Insurance Agent
CredentialsLicenses required, often with specific state certificationsSame licenses, may require additional certifications for commercial policies
Work EnvironmentPrimarily office-based, handling personal insurance policiesOffice and client meetings, handling business and commercial policies
Industry UsageUsed by insurance companies to classify low-risk clientsUsed by agents to sell various insurance products, including commercial policies

Preferred Risk Insurance typically refers to clients or policies with lower risk profiles, often handled by agents specializing in personal insurance. Commercial Insurance Agents focus on selling policies for businesses, which usually involve higher risks. While both roles require licensing and industry knowledge, Preferred Risk Insurance emphasizes low-risk personal policies, whereas Commercial Insurance Agents deal with business-related coverage.

What are popular job titles related to Preferred Risk Insurance jobs in Virginia?

For Preferred Risk Insurance jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Preferred Risk Insurance jobs in Virginia look for?

The top searched job categories for Preferred Risk Insurance jobs in Virginia are:

What cities in Virginia are hiring for Preferred Risk Insurance jobs?

Cities in Virginia with the most Preferred Risk Insurance job openings:

Senior Client Manager, Commercial Risk - Insurance Advisory Solutions, Mid-Atlantic Region

Baldwin

Leesburg, VA โ€ข Hybrid

$90K/yr

Full-time

Re-posted yesterday


Job description

The Baldwin Group is an award-winning entrepreneur-led and inspired insurance brokerage firm delivering expertly crafted Commercial Insurance and Risk Management, Private Insurance and Risk Management, Employee Benefits and Benefit Administration, Asset and Income Protection, and Risk Mitigation strategies to clients wherever their passions and businesses take them throughout the U.S. and abroad. The Baldwin Group has award-winning industry expertise, colleagues, competencies, insurers, and most importantly, a highly differentiated culture that our clients consider an invaluable expansion of their business. The Baldwin Group (NASDAQ: BWIN), takes a holistic and tailored approach to insurance and risk management.
The Sr. Client Manager, Commercial Risk assists in the coordination of carrier relationships on behalf of CRMG by leading the service team on large accounts as assigned, including coordinating key services and developing the initial placement/renewal strategy.PRIMARY RESPONSIBILITIES:
  • Performs all Client Manager, Commercial Risk responsibilities as well as:
  • Assists in establishing and maintaining appropriate commercial carrier relationships.
  • Performs marketing activities for large accounts as assigned.
  • Prepares risk maps or peer reviewing risk maps for assigned accounts.
  • Coordinates service delivery including developing initial placement/renewal strategy.
  • Completes special projects.
  • Looks for opportunities to improve the firm, business segment and processes. Brings issues and discrepancies to appropriate leadership.
  • When requested, serves as a mentor to new colleagues.
EDUCATION AND EXPERIENCE REQUIREMENTS:
  • Education: None required; Bachelor's degree and working towards a professional insurance designation preferred
  • Experience (years and type of experience): 10 years' experience and demonstrated proficiency in Commercial Account Management required; 10+ years' experience and demonstrated proficiency in Commercial Account Management preferred
  • License(s): Current Property and Casualty license
KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:
  • Possesses strong technical knowledge of general insurance market conditions and specific insurance carrier underwriting appetites.
  • Can analyze complex risk exposures, existing insurance coverages and develop appropriate recommendations for clients and prospects.
  • Demonstrates effective presentation skills through verbal and written communications.
  • Exhibits excellent client service and problem-solving skills.
  • Can comfortably work in a collaborative manner with a team of professionals from CRMG and other business segments.
  • Demonstrates the organization's core values, exuding behavior that is aligned with the firm's culture
TECHNICAL, COMPUTER, AND SYSTEM-SPECIFIC SKILLS REQUIRED:
  • Intermediate to advanced knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
  • Ability to learn any other appropriate program or software system used by the firm as necessary
SPECIAL WORKING CONDITIONS:
  • Fast paced multi-tasking environment
  • Some travel may be required
  • This role follows a hybrid work model, with an expectation of being in the office three (3) days per week, and the remaining days worked remotely. Specific in-office days may vary by team and business needs.
IMPORTANT NOTICE:
  • This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodations to applicants and colleagues who need them for medical or religious reasons.
EEOC (STATEMENT):
  • The Baldwin Group is an equal employment opportunity firm and strives to comply with all laws prohibiting discrimination based on race, color, religion, age, sex (including sexual orientation and gender identity), national origin or ancestry, disability, military status, marital status, and any other category protected by federal, state, or local laws. All such discrimination is unlawful, and all persons involved in the operations of the firm are prohibited from engaging in this conduct.
Starting pay is $90,000+ annually and is negotiable at time of hire.

#LI-JR1

#LI-Hybrid

Click here for some insight into our culture!

The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.