Property & Casualty Underwriter
The Underwriter is responsible for producing profitable growth of Risk premiums and providing high quality underwriting, while balancing company philosophies in order to maintain a profitable book of business.
Essential Duties and Responsibilities
- Underwrite residential and commercial Risk and Contractors Equipment; new and renewal business, within underwriting authority and program limits.
- Adhere to all underwriting guidelines, authority levels and standards.
- Perform file audits on counterparts and service team members, as assigned.
- Possess working knowledge of all Risk products in order to assist internal employees and external customers with inquiries.
- Mentoring and training of team members.
- Market company's products and services.
- Build relationships with distributors and business partners.
- Work in partnership with stakeholders and corporate vision and mission.
Other Duties and Responsibilities
Performs other duties as assigned in order to meet business needs. Includes functions normally performed by persons holding this title. However, these functions may be reassigned to other employees as part of a "Reasonable Accommodation" under the ADA.
To perform this job successfully, an individual must be able to perform each essential duty, satisfactorily. The requirements listed below are representative of the knowledge, skills and or licenses, and/or abilities required.
- Proven knowledge of coverage and pricing for all Risk products and/or proven knowledge of property and casualty underwriting.
- Basic knowledge of insurance underwriting procedures, laws and regulations for assigned territories.
- Proven knowledge of processing methods and workflow procedures.
- General knowledge of the market/industry.
- Proven knowledge of accepted business software, mainframe systems and Internet usage.
- Competitive performance-based compensation packages
- 401(k) matching contributions and profit sharing
- Medical and dental insurance benefits with significant employer contributions
- Other benefits, such as Term Life and Short- and Long-Term Disability
- Generous paid time off (PTO) program
- Paid holidays
- Modern, collaborative work environment
- On-site fitness center.
- Managing Work - Prioritizes, makes preparations, schedules, leverages resources, stays focused.
- Adaptability - Tries to understand change, approaches change or newness positively, adjusts behavior.
- Continuous Learning - Targets learning needs, seeks learning activities, maximizes learning, applies knowledge or skill, and takes risks in learning.
- Communication - Organizes the communication, maintains audience attention, adjusts to the audience, ensures understanding, adheres to accepted conventions, and comprehends communication from others.
- Customer Focus - Seeks to understand customers, educates customers, builds collaborative relationships, takes action to meet customer needs and concerns, and sets up customer feedback systems.
- Technical/Professional Knowledge and Skills - Possesses educational knowledge and skills necessary to perform duties.
- Building Customer Loyalty - Uses key principles, acknowledges the person, clarifies the current situation, meets or exceeds needs, confirms satisfaction and takes the "heat."
- Decision Making - Identifies issues, problems and opportunities, gathers and interprets information, generates alternatives, chooses appropriate action, commits to action, and involves others.
- Negotiation - Clarifies the current situation, identifies points of agreement/disagreement, keeps discussion issue-oriented, develops others' and own ideas, builds support for preferred alternatives, and facilitates agreement.
- Sales Ability/Persuasiveness - Using appropriate interpersonal styles and communication methods to gain acceptance of a product, service or idea from prospects and clients.
- Work Standards - Sets standards for excellence, ensures high quality, takes responsibility, and encourages others to take responsibility.