Job Description
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
SUMMARY
- Select Underwriter is responsible for reviewing, analyzing, evaluating, quoting, and declining Quick Quote and Non Quick Quote business.
- Select Underwriter is responsible for performing follow-up on QQ quotes.
- Foster the growth of our carrier and broker relationships.
- Responsible for maintaining a professional relationship with fellow colleagues and piers while supporting the Workers’ Compensation Division as well as all departments that interact with Underwriting.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Include the following, (other duties may be assigned):
- Quick Quote & Commercial Auto
Review, analyze, underwrite, quote, bind & endorse within established premium range.
New business <25K & Renewal business <$50K.
- Quote follow-up on QQ new business and renewals. The follow-up will be handled on a weekly basis and organized by an automated report based on your agency assignments. The feedback for each application will be documented in Employee Tools.
- Non Quick Quote
Review, analyze, underwrite, quote, bind & endorse within established premium range.
Renewal business only <$25K.
- Maintain and manage relations with AGIA producers, through e-mail, telephone or in person meetings.
- Build and maintain favorable carrier relationships over the phone, e-mail and personal interaction.
- Responsible for field visits to assigned agency base to foster relationships and provide information and education regarding our various programs and appetites.
- Meet deadlines and goals set forth by management.
- Maintain a professional relationship with fellow colleages and piers while supporting the Workers’ Compensation Division as well as all departments that interact with Underwriting.
- Adhere to Arrowhead General Insurance Agency Service Standards
- Carrier knowledge – understand and adhere to carrier guidelines including systems & processes
- Input data in risk evaluations – updates to previously prepared evals or rush submissions may need all required data entered. Rushes may also require the UW to order Compline, Experian Report, Contractor’s License & Website information
- Use sound independent underwriting judgement and discretion to properly evaluate risk and price to the compliance of underwriting guidelines, for new & renewal business within established underwriting authority.
- Send Non-Renewal or Conditional Non-Renewal Notification when applicable
- Request additional information from brokers as needed to underwrite new business.
- Communicate with brokers on status of quote and other issues of concern
- Process bind confirmation documents, assign policy numbers, order loss control when applicable, complete file organization for issuance as needed
- Process declines and close outs as needed
- Complete cancel/rewrite policies in accordance with carrier guidelines and company procedures
- Responsible for carrier clearance as required by program
- Assist underwriters and brokers with various tasks or requests as needed.
- Meet deadlines set forth by management and/or underwriters within team
- Held accountable for meeting production, retention, hit ratio and profitability goals set forth by management
- Successfully pass internal and carrier file audit reviews
Pay Range
$21.00 - $27.00 HourlyThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
