Associate Underwriter - Excess Workers Compensation

EIG Services Inc

121d • $48,000 - $65,000

About The Position

The Associate Underwriter is responsible for underwriting new and renewal Excess Workers Compensation accounts for agents and producers assigned within their territory, ensuring compliance with company underwriting, pricing, and letters of authority. This role involves solid risk analysis, pricing adherence to state filings, and corporate guidelines. The Associate Underwriter will compile and document underwriting decisions, make referrals to management when appropriate, and maintain awareness of changes and trends in the local and national markets. Collaboration with the Sales Team is essential to develop and maintain strong agency relationships, with shared accountability in meeting territory goals. The position requires a customer-first mindset and a sense of urgency, along with participation in tactical and strategic business planning with sales and distribution partners. The Associate Underwriter will also provide thorough information and guidance to Underwriting Services staff and focus on exceptional customer service.

Requirements

• Ability to read and interpret documents such as instructions and procedure manuals.
• Ability to write routine reports and correspondence.
• Ability to calculate figures and amounts such as discounts, interest, and percentages.
• Ability to apply problem-solving skills in variable and standard situations.
• Excellent communication skills including written, verbal, telephone, and virtual meetings.
• Excellent organizational and time management skills.
• Excellent negotiation skills.
• Demonstrated proficiency with Microsoft Office Product Suite.
• Proficiency with pivot tables in Excel.
• Foundational knowledge of accounting and finance.
• Knowledge of basic actuarial concepts.

Responsibilities

• Underwrite and retain new and renewal business through solid risk analysis and pricing.
• Compile and document underwriting decisions and make referrals to management when appropriate.
• Maintain basic product line and industry knowledge, and stay aware of changes/trends in the market.
• Collaborate with Sales Team to develop and maintain strong agency relationships.
• Keep leadership, peers, and sales team informed of all issues and meaningful activities.
• Work with general supervision to meet commitments and deadlines.
• Participate in tactical and strategic business planning with sales and distribution partners.
• Provide information and guidance to Underwriting Services staff for processing coverage requests.
• Deliver professional, timely, and courteous communication and service to resolve issues.
• Assist leadership in managing a sizable book of business by analyzing the portfolio and identifying areas for growth.
• Develop expertise in specialty underwriting and apply methodologies to support coverage terms.

Benefits

• Comprehensive benefits package including health insurance, retirement plans, and paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree