Senior Workers' Compensation Underwriting Specialist (SBDS) Kansas City, MO

Emergent Holdings • Kansas City, MO

9d • $107,000 - $179,300 • Hybrid

About The Position

Develops and manages independent agency relationships, including the development of new business and retention of existing business in a region or territory. Reviews, analyzes, approves, or rejects complex business within the letter of authority. Serves as a liaison with company personnel regarding company business opportunities and problem resolution. Responsible for assisting in establishing the territory's or region's overall agency plan.

Requirements

• A minimum of seven to ten years of experience in an insurance organization with demonstrated technical knowledge in one or more of the following areas: underwriting, marketing, loss prevention, auditing, or similar knowledge that provides the necessary skills and abilities.
• Workers compensation or P&C insurance experience required.
• Demonstrated superior judgment in evaluating and determining the proper pricing for prospective policyholders using corporate underwriting guidelines by accepting or rejecting risks for the purposes of issuing workers’ compensation insurance coverage.
• Demonstrated superior judgment and analytical abilities to analyze regions and/or territories and identify corrective action.
• Thorough knowledge of departmental procedures, processes, and workflow.
• Extensive knowledge of appropriate jurisdictional workers’ compensation laws, regulatory authorities, industry trends, and their impact.
• Ability to take a lead role and/or assist in training and mentoring of others.
• Ability to understand business needs and conceptualize and implement processes and procedures that support business strategies.
• Ability to research workers compensation laws, regulations, or issues specific to offer guidance and/or direction to others.
• Ability to train and mentor others.
• Demonstrated ability to communicate our value proposition as a carrier.
• Demonstrated leadership abilities.
• Demonstrated expertise regarding territory or region.
• Must possess a valid driver's license with a record that meets corporate standards.

Nice To Haves

• Bachelor’s degree in marketing, insurance, or related field.
• Combinations of relevant education and experience may be considered in lieu of a degree.
• Continuous learning required, as defined by the Company’s learning philosophy.
• Certification, or progress toward, highly preferred and encouraged.
• MBA or other advanced degree is preferred.

Responsibilities

• Calculates, prepares, and develops premium quotations using corporate underwriting guidelines within the letter of authority.
• Determines underwriting eligibility for prospective policyholders and develops appropriate pricing for new business, renewals, and endorsements.
• Analyzes and reviews prospective accounts for insurability and accepts or rejects within the letter of authority.
• Develops and manages agency relationships.
• Develops agency plans in cooperation with other staff.
• Addresses agents’ and policyholders’ concerns/needs.
• Responsible for development of new business, profitability, and retention of existing business in a given territory or region.
• Explains and emphasizes the benefits of workers’ compensation insurance products and services to customers.
• Works with all internal departments to resolve problems and maintain company relations.
• Participates as necessary on special committees and task forces.
• Interprets and develops territory reports which reflect the status of the territory.
• Participates in promotional plans for both company and agent activities.
• Analyzes and reviews production and loss information for agents, determines exposure and proper pricing to develop corrective action plans as needed to correct poor performance.
• Prepares periodic reports as requested.
• Manages a small territory or region under close supervision.
• Researches and coordinates responses to agents, policyholders, and regulatory entities.
• Appoints and trains new agents and new agency employees on the use of company-specific automation systems.
• Reviews loss trends and develops action plans to correct problem areas.
• Gathers competitive and product information from the field.
• Represents the company at trade associations and exhibits to promote corporate products.
• Conducts annual agency audits.
• Coordinates special projects on behalf of the Regional Manager, as assigned.
• Provides training sessions for the team, other Business Development Consultants, other business units, agents, and policyholders as required.
• Mentors other team members by providing guidance, advice, encouragement, and motivation in their daily efforts.
• Acts as back-up for the Regional Manager.
• Serves as a technical expert or regional advisor for the region or territory.

Benefits

• Pay Range - Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market, and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $107,000 and $179,300.

What This Job Offers

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