Specialty Underwriter

Michigan Millers Mutual Insurance Company•Middleton, WI

5d•$63,000 - $86,000•Hybrid

About The Position

Specialty Insurance Solutions (SIS) is seeking an Underwriter to join their team. The individual in this role will have the opportunity to develop and manage a book of commercial lines business through assigned agencies while building strong agency relationships and supporting established growth and profitability goals. SIS is a member of Michigan Millers Mutual Insurance Company, which is an affiliate of Western National Mutual Insurance and is rated A (Excellent) by A.M. Best with over 140 years of experience. The company culture encourages employees to seek out learning opportunities and strive for growth and development in the insurance industry, emphasizing internal growth and healthy team relationships.

Requirements

Strong understanding of industry practices, standards, and underwriting concepts.
Ability to multitask and solve problems.
Proficient oral and written communication skills.
Valid and unrestricted driver’s license with an acceptable driving record.
Bachelor’s degree in insurance or finance; relevant experience may be considered in lieu of a degree.
Proficient use of various core systems, office and computer equipment, and software packages.
Ability to travel up to 10% of the time.

Nice To Haves

Progress toward a CPCU, AU, or CIC designation.

Responsibilities

Develops and manages a book of commercial lines business with assigned agencies.
Reviews, classifies, evaluates, and prices business within established underwriting authority.
Manages an assigned agency territory to achieve established growth and profitability goals.
Builds and maintains strong agency relationships.
Applies knowledge of rating methodology and coverages to underwriting decisions.
Travels to assigned agencies to promote products, strengthen agency partnerships, and support agency relationships.
Maintains an understanding of the insurance marketplace, including different lines of insurance and emerging industry issues.
Applies established practices, processes, procedures, and underwriting authority to analyze operations and exposures for different types of risks and write, renew, and modify business.
Uses research and analysis to develop practical underwriting solutions that align with organizational objectives.
Assesses risk and exposure on new and existing business to identify opportunities to support assigned territory loss ratio and growth objectives.
Achieves business goals through new business growth, renewal retention, and overall profitability for assigned agencies.
Identifies and analyzes medium-complexity accounts and makes sound underwriting decisions.
Makes recommendations to a Senior Underwriter when established authority levels are exceeded.
Makes decisions independently within assigned authority and executes established policies and procedures.
Applies knowledge to solve problems of medium scope and complexity and recommends solutions when matters fall outside assigned authority.
Builds customer satisfaction by setting appropriate expectations, taking responsibility for resolving customer issues, and ensuring commitments are met.
Performs special projects and other duties as assigned.