Farm Underwriter

Indiana Farm Bureau Insurance • Indianapolis, IN

11h

About The Position

The Farm Underwriter evaluates insurance for acceptability and appropriate pricing. This role involves evaluating risks according to underwriting guidelines and experience, and recommending risk improvement and/or loss control measures to achieve the appropriate rate for the risk. As a member of the underwriting team, the Farm Underwriter will work with a variety of internal and external partners to ensure prompt and efficient service to our customers and participate in ongoing learning and technical development. The position requires balancing and continuously improving performance in underwriting, customer service, and productivity to meet Company goals. The Farm Underwriter will learn and demonstrate proper documentation of the final decision on applications to ensure policies are issued or declined accurately, while adhering to compliance regulations. Additionally, the role involves interacting with agents and other customers to gather information, discuss cases, or other underwriting information in a professional and effective manner that contributes to company profit and growth goals.

Requirements

• Ability to learn Company product portfolio, retention limits, reinsurance procedures and the Company's philosophy regarding reinsurance submissions.
• Ability to work under pressure and meet deadlines.
• Effective utilization of computer systems for essential job functions, including proficiency in Microsoft Office and familiarity with IFBI processing systems as assigned.
• Strong attention to detail and accuracy in work.
• Demonstrated ability to effectively communicate in both written correspondence and verbal communication.
• Willingness and demonstrated ability to collaborate with underwriting team members and agents.

Nice To Haves

• Bachelor’s degree preferred and a commitment to complete industry continuing education.
• Farm background and experience is preferred.

Responsibilities

• Evaluates insurance for acceptability and appropriate pricing.
• Evaluates risks according to underwriting guidelines and experience and recommends risk improvement and/or loss control measures to achieve the appropriate rate for the risk.
• Works with a variety of internal and external partners to ensure prompt and efficient service to customers and participates in ongoing learning and technical development.
• Balances and continuously improves performance in underwriting, customer service and productivity to meet Company goals.
• Learns and demonstrates proper documentation of the final decision on applications to ensure policies are issued or declined accurately, while adhering to compliance regulations.
• Interacts with agents and other customers to gather information, discuss cases or other underwriting information in a professional and effective manner that contributes to company profit and growth goals.

What This Job Offers

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