Associate Underwriter

ProAg

6d • $49,500 - $80,000 • Remote

About The Position

ProAg is looking for an Associate Underwriter or Underwriter to join our team who is innovative, builds strong relationships, and thrives in a fast-paced environment. This position is responsible for reviewing annual policy documents to ensure adherence to federal and company guidelines. Our underwriting staff builds meaningful, long-lasting relationships with agents and serves as a subject matter expert for internal and external customers.

Requirements

• A minimum of two years of relevant and progressive professional experience.
• A bachelor’s degree in Agriculture, Business Administration, or a related field, or the equivalent education and/or experience.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy to communicate effectively, both orally and in writing.

Nice To Haves

• Previous agriculture or crop insurance industry experience preferred.

Responsibilities

• Review policy information for crop insurance coverage, proper rating, and other information to determine if application is acceptable for the available program or selected coverage.
• Contact and respond to verbal and written inquiries from brokers within designated timeframe to provide appropriate information and serve as an underwriting resource.
• Verify rates of policies or check previously rated policies for proper rating using the tools available such as the Risk Management Agency (RMA) and ProAg quoting applications.
• Utilize knowledge of automated underwriting and/or processing systems to develop information for new or renewal policies.
• Prepare quotations for agents and answer questions from agents, policyholder, or prospects.
• Adhere to all company underwriting authority directives, underwriting guidelines, and other applicable company policies and procedures.
• Request additional documentation necessary for the processing of an application, endorsement, or cancellation.
• Approve or deny within given authority or recommend approval or denial to higher authority.
• Review requests for cancellation, endorsements, etc.
• Analyze and research detailed policy information related to Federal Crop Insurance Corporation (FCIC) error resolution and resolve any uncleared items.
• Read and interpret FCIC documents.
• Analyze and revise acreage reports.
• Respond to common inquiries from RMA and RSOs.
• Ensure compliance with organization policies and government regulations including all deadlines associated with sales closing dates (SCDs), acreage reporting dates (ARDs), production reporting dates (PRDs), accounting cutoffs, and fund designations.
• Cultivate relationships with internal and external contacts to facilitate the underwriting process, promote business development, and to remain abreast of industry trends.
• Serve as a resource to other departmental staff with regard to underwriting procedures and other departmental guidelines.
• Develop understanding of various factors that affect and influence policy rating and risk.
• Assist with data entry as needed.
• Attend required training sessions.

Benefits

• Competitive salary and comprehensive benefit package
• Strong learning culture with ongoing development opportunities
• Opportunities for growth and career advancement
• Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
• Basic life and disability insurance
• 401(k) plan with 6% company match
• 20 days of PTO, three floating holidays, approximately 10 paid holidays, and volunteer time off
• Paid parental leave
• Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
• Student loan matching program
• Employee discount program
• An opportunity to do meaningful work and love what you do

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level