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Senior Binding Authority/Production Underwriter - Licensed

American Family Insurance Agency Staff
paid time off, paid holidays, 401(k)
United States, Massachusetts, Boston
Nov 16, 2024
Senior level role that reviews new and renewal commercial and supported excess liability risks to determine acceptability for quoting and binding business (within the underwriting authority granted by carriers).

In this flex office/home role, you will be expected to work a minimum of 10 days per month from the office. Candidates should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

Position Compensation Range:

$84,000.00 - $139,000.00

Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

  • Applies insurance and risk concepts to underwrite new and renewal business based upon carrier underwriting guidelines and authority. Depending upon product, underwriter may re-underwrite based upon policy guidelines. Escalates more complex risk to appropriate carrier underwriting team.
  • Reviews and analyzes claims and loss history, considering appropriate action on individual accounts and/or program or territory.
  • Establishes rapport with agents and sales management in their area of operation. Serves as a resource for the field force and sales management.
  • Serves as technical resource in excess and surplus underwriting environment and principle contact for agents; monitors agency performance, recommends, and executes remedial action plans to address quality of business.
  • Keeps current on state/territory issues and regulations, industry activity and trends. May participate in industry trade groups.
  • Uses expert knowledge of surplus lines and competitive markets to proactively identify trends and root causes that affect profit and growth. Evaluates effect on business results and provides recommendations. Assists with the research, development, and presentation of new programs.
  • Mentors and guides less experienced team members and assists in the development of underwriting training.
  • May be required to complete other assignments or participate in projects based upon skills, achievements, or experience.

Specialized Knowledge & Skills Requirements

  • Demonstrated experience providing customer-driven solutions, support or service.
  • Demonstrated experience and proficiency using PC software applications (e.g. Microsoft Office, Internet Explorer, Outlook, Excel, etc.)
  • Extensive knowledge and understanding of commercial lines and excess and surplus products and services.
  • Demonstrated experience underwriting commercial, excess and surplus and specialty personal lines products.
  • Extensive knowledge and application of underwriting concepts and regulations for excess/surplus coverages for admitted and non-admitted carriers.
  • Demonstrated written and verbal communication skills.
  • Demonstrated analytical and problem-solving skills.

#LI-Hybrid

Licenses

  • Resident state licensing exam(s) for property and casualty producer licenses within 30 days of hire.
  • Property and casualty producer licenses for all operating and/or service states must be obtained within 60 days of hire.
  • Required to maintain current, active license(s) status by continuing education and meeting all state, operating and regulatory requirements.

Travel Requirements

  • Up to 5%.

Physical Requirements

  • Work that primarily involves sitting/standing.

Working Conditions

  • Not applicable.

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

#LI-SW2

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