Underwriter or Sr. Underwriter

POSITION SUMMARY

DUTIES AND RESPONSIBILITIES

• Perform underwriting activities and risk selection process in accordance with company policies and letter of authority.
• Develop and achieve Agency Business Plans regarding new premium growth and renewal retention for assigned agencies.
• Accountable for risk selection, pricing, and file documentation within assigned territory.
• Develop acceptance/rejection, and pricing recommendations on accounts that exceed delegated authority.
• Accountable for achievement of overall loss ratio, pricing, premium and service objectives as established in company/department business plans.
• Actively supports Company Strategies and Departmental Goals.
• Provides timely and accurate information to management regarding status of individual territory.
• Maintain, monitor, and manage assigned book of business utilizing reports or other methods as provided or necessary.
• Conduct agency/customer visits to develop and maintain relationships, resolve issues, generate profitable new business and retain profitable existing accounts.
• Assists in Underwriting audits and management reviews.
• Proactively anticipate and satisfy the needs of internal and external customers by providing superior customer service.

SKILLS, EDUCATION AND EXPERIENCE

• Bachelor’s degree or equivalent industry experience required.
• 3 to 5 years of related commercial underwriting experience to include Workers’ Compensation.
• Bilingual skills preferred.
• Active pursuit of professional industry certifications / designations CPCU, WCP, AU etc.)
• Good verbal and written communication skills.
• Strong interpersonal skills.
• Basic Computer Skills (Word, Excel, PowerPoint, and Microsoft Outlook).
• High level of independence and organization.

POSITIONAL COMPETENCIES

PHYSICAL DEMANDS

WORK ENVIRONMENT

POSITION SUMMARY

DUTIES AND RESPONSIBILITIES

• Interact with policyholders and/or agents to ensure proper pricing, growth, profitability and adherence to company policies and procedures.
• Develop acceptance/rejection and pricing recommendations on accounts that exceed delegated authority.
• Provide authority to underwriters and associate underwriters for risks that are outside their delegated authority.
• Actively support Company Strategies and Departmental Goals.
• Provide timely and accurate information to management regarding status of individual territory.
• Conduct agency/customer visits to develop and maintain relationships, resolve issues, generate profitable new business and retains profitable existing accounts.
• Actively work to design solutions to identified or perceived problems.
• Assist in Underwriting audits and management reviews.
• Keep abreast of the competition, their products, philosophies, distribution systems, and market trends, and communicate such information within the organization.
• Assist supervisors and management on projects or other duties as assigned.
• Provide training / mentoring and orientation to Associate Underwriters and Underwriters, as well as, others within the organization.

SKILLS, EDUCATION AND EXPERIENCE

• A Bachelor’s degree is required. Industry Experience may be considered as equivalent to this education requirement in conjunction with earned industry professional designations or certifications.
• Required industry related professional designations or certifications. (CPCU, WCP, AU etc.)
• 5 to 8 years of related commercial underwriting experience to include WC Insurance.
• General PC skills. (Word, Excel, PowerPoint, Microsoft Office)
• Demonstrate technical / industry expertise through knowledge, education and application.
• Demonstrated ability to consistently make sound underwriting decisions on complex or unusual issues.

POSITIONAL COMPETENCIES

WORK ENVIRONMENT