Crop Associate Underwriter (Peoria, IL)
About The Position
Great American Insurance Group's Crop Division is seeking an Associate Underwriter for their Peoria, IL office. The Crop Division has been assisting farmers with risk management since 1915 and is authorized by the USDA RMA to write MPCI policies. This role offers opportunities for learning and growth within a company that values diversity and inclusion. The company culture emphasizes connection, shared learning, and strong relationships, with employees expected to be on-site four days a week (core in-office days are Tuesday-Thursday) and one day remotely. The specific level of the Associate Underwriter (I-IV) will depend on the candidate's experience and qualifications.
Requirements
- Associates Degree in Business, Finance, or a related field or equivalent experience.
Nice To Haves
- Crop insurance experience is preferred, but not required.
Responsibilities
- Applies rules and guidelines, insurance laws, and regulations.
- Reviews, documents, and/or underwrites new and renewal policy transactions within written authority.
- May enter policy information on an assigned product, territory and / or agency in accordance with RMA procedure.
- Proofs / audits policy information on an assigned product, territory and/or agency(ies).
- Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
- Reviews insurance applications and other risk documentation.
- Reviews underwriting requirements and refers applications, endorsement requests, or other correspondence for further underwriting analysis when outside of written authority.
- Gathers information on new and renewal business and change requests to support underwriter decision making.
- Investigates discrepancies in the information gathered.
- Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.
- Analyzes individual risk pricing for new business submissions and renewals within written authority.
- Monitors entry / processing to ensure data integrity and to avoid potential systemic issues.
- Communicates with agents and customers to obtain information needed to underwrite risks and address issues.
- Researches and responds to questions from agents.
- May provide support to underwriter(s).
- Organizes the underwriting information to speed decision making on the part of the underwriter.
- May include "template" policy review and actions such as endorsement within assigned authority level.
- Provides information that is needed to issue policies and endorsements on a timely basis.
- Performs other duties as assigned.
Benefits
- Competitive pay rates
- Medical, dental, and vision plans (must be full time)
- Excellent 401(k) plan
- 19 days of paid time off accrued, plus 8 paid holidays per year (must be full time)
- Employee wellness programs
- Parental leave
- Adoption assistance
- Tuition reimbursement
- Paid Time Off
- Paid holidays
- 401(k) plan with company match
- Employee stock purchase plan
- Commuter benefits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
