STATUS: EXEMPT
SCHEDULE: Mon-Fri 8am-5pm
REPORTS TO: Underwriting Supervisor
REQUIREMENTS:
- Minimum Education: College degree or a minimum of 4 years of commercial insurance experience in the workers’ compensation field.
- In depth understanding of worker’s compensation insurance and general underwriting principles.
- Proven track record of success in underwriting commercial insurance business.
- Strong aptitude for detail, with a sense of urgency relative to task completion
and timeliness.
- Working knowledge of Microsoft Office Suite.
JOB SUMMARY:
- The Underwriting Specialist analyzes worker’s compensation business to determine risk acceptability and pricing.
- Underwriting new business applications, policy changes and renewal business, within an assigned territory
- Gather information and use underwriting knowledge to make informed decisions relating to risk acceptability and pricing that are in line with Midwest’s underwriting philosophies and current strategies.
- A thorough knowledge of NCCI and/or Bureau rules, policy administration policy writing and data reporting functions related to the Underwriting process. Process all transactions, new business, renewals and endorsements as required.
- Produce policy documents, file documentation as required.
- Effective communication skills both verbal and written.
- Manage a territory to meet goals and maintain work within company service standards and individual underwriting authority.
- Build and sustain meaningful relationships with agency partners and field personnel.
SKILL AND ABILITY PROFILE:
The successful candidate will possess the following skills and attributes:
- Excellent oral and written communication and organizational skills.
- Proven Underwriting skills
- Thorough knowledge base of the Underwriting process, policy contracts and applicable rules.
- Strong ability to research and gather all necessary data to make informed decisions.
- Exceptional analytical skills
- Above average mathematical skill is required.
- Appropriate sense of urgency relative to service standards and maintaining agency relationships.
- Demonstrated decision making abilities with the ability to support decisions with evidence.
If interested, please e-mail resume and cover letter with salary
requirements to:
