Personal Lines Underwriter I

Indiana Farm Bureau Insurance • Indianapolis, IN

5d

About The Position

This role involves evaluating insurance applications for acceptability and appropriate pricing, assessing risks according to established guidelines and experience, and recommending measures to achieve the correct rate for the risk. The position requires documenting decisions to ensure accurate policy issuance or declination while adhering to compliance regulations. It also involves collaborating with internal and external partners for efficient customer service and participating in continuous learning and technical development.

Requirements

• Bachelor’s degree or equivalent work experience.
• Must have a commitment to completing industry education.
• 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.

Responsibilities

• Evaluates insurance for acceptability and appropriate pricing.
• Evaluates risks according to underwriting guidelines and experience.
• Recommends risk improvement and/or loss control measures to achieve the appropriate rate for the risk.
• Documents final decision on applications to ensure policies are issued or declined accurately while adhering to compliance regulations.
• Works with a variety of internal and external partners to ensure prompt and efficient service to our customers.
• Participates in ongoing learning and technical development.

What This Job Offers

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