Large Account Underwriter - Remote

Selective Insurance Company of America

139d • $72,000 - $99,000

About The Position

Underwrites, prices and services large, loss sensitive accounts (premium >$350k) working with appropriate supervision on assignments of varying complexity, hazard grade and premium. Handles the daily service demands of our agents in support of individual and team goals, with an adequate understanding of coverage, products, underwriting system transactions, and State specific LOB filings. Meets business objectives of a large account production operation and develops and maintains solid agency and client relationships. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Requirements

• Demonstrated effective written and verbal communication skills.
• Possesses basic underwriting technical skills and knowledge of company products and underwriting guidelines.
• Ability to solve problems and make sound decisions.
• Ability to multi-task and manage workflows to meet production and service expectations.
• Ability to develop and establish effective relationships with internal and external customers/peers.
• Strong commitment to professional development through on-the-job learning, self-study and training.
• Proficiency in use of all supplied desktop tools, including the automated underwriting and email systems.
• Must have valid state-issued driver’s license in good standing.

Nice To Haves

• College degree preferred.
• AU, AINS or other insurance coursework preferred.

Responsibilities

• Underwrite and process large account renewal policies with supervision and within a letter of authority from the Underwriting Manager.
• Gather, analyze, and evaluate risk exposure through appropriate risk documentation.
• Apply knowledge and understanding of coverage forms, rating plans and guidelines in the selection and pricing of individual risks.
• Ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company underwriting standards and philosophy.
• Respond to agents' inquiries on coverage and adjust policy information based upon prescribed authority.
• Work within specified authority level to quote, accept, decline, modify and renew risks within account assignment in accordance with accepted underwriting guidelines.
• Partner with Large Account Specialists, Agents, team members and other departments to grow and maintain a profitable book of business.
• Effectively communicate underwriting decisions and appetite at the individual account and portfolio level to internal and external customers.
• Reinforce the ease of doing business with Selective by meeting or exceeding customers’ expectations and service quality on a consistent basis.
• Develop and maintain working relationships with internal and external customers, peers and management.
• Partner with Large Account Specialist to conduct Agency and customer visits across a broad regional geography.
• Communicate openly and in a timely fashion.
• Work diligently to achieve individual and team goals.
• Conduct continuous profit and growth analysis as assigned.
• Monitor premium retention with the use of electronic reporting tools.
• Increase renewal premium by cross-selling additional coverage, products or value-added services.
• Participate in projects and initiatives as assigned.
• Identify and participate in ongoing learning related to underwriting, company products and services.
• Must have a valid license and be able to drive an automobile to support company travel within territory.

Benefits

• Comprehensive health care plans.
• Retirement savings plan with company match.
• Discounted Employee Stock Purchase Program.
• Tuition assistance and reimbursement programs.
• Paid time off plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree