Production Underwriter - Small Business
MEMIC
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Posted:
August 23, 2023
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Remote
About the position
The job overview for the Production Underwriter position is to support the growth of the MEMIC Express business segment by developing and maintaining relationships with independent agents and brokers. The Senior Production Underwriter will be responsible for evaluating insurance submissions, promoting underwriting service and quality, recruiting new agencies, collaborating with other underwriting team members, conducting market research, and recommending product and service ideas. The role requires a bachelor's degree, technical underwriting experience, strong marketing skills, the ability to travel, and proficiency in PC applications.
Responsibilities
- Solicits, identifies and evaluates performance and profitability of insurance submissions from independent agents and brokers within the assigned territory.
- Works closely with underwriting analyst to promote good underwriting service and underwriting quality.
- Prospects and recruits new agencies and manages current agency performance.
- Collaborates with Middle Market and Large Risk underwriting team members.
- Conducts market research and recommends product and service ideas to maintain business segment competitiveness.
Requirements
- Bachelor's degree preferred
- CPCU or other insurance designation preferred
- Two years of technical underwriting experience in the property and casualty industry preferred
- Highly developed marketing skills
- Entrepreneurial and hands-on approach
- Ability to travel extensively within defined territory
- Working knowledge of PC Applications, particularly Microsoft Office products including Excel, Outlook, and Word
- Ability to make timely decisions with appropriate information and consultation
- Independently exhibit initiative with strong focus on results
- Excellent analytical and problem-solving skills
Benefits
- Health Insurance options, Dental Insurance options and Vision Insurance
- Employee Life Insurance/AD&D and Dependent Life Insurance options
- Short-term & Long-term Disability
- Health Savings Account with potential employer match
- Flexible Medical and Dependent Care Account
- Accident Insurance
- Critical Illness Insurance
- Employee Assistance Program
- Legal/Identify Theft Insurance options
- Long Term Care Insurance
- Pet Insurance
- 401(k) Retirement Plan with match up to 5%, plus profit sharing & discretionary contributions (subject to vesting)
- 5 weeks of Paid Time Off (PTO)
- 7 paid holidays
- Flextime schedules
- Paid Parental Leave
- Student loan paydown and refinancing assistance
- Educational assistance for job related courses, seminars, certifications or degrees
- One paid day every year to volunteer for your non-profit of choice
- On-site fitness center (Maine & Virginia) or fitness reimbursement
- Subsidized parking
- Sit-Stand desks & daily stretch breaks