Specialty Underwriter

Michigan Millers Mutual Insurance Company•Middleton, WI

8d•$63,000 - $90,000•Hybrid

About The Position

Specialty Insurance Solutions, a member of Michigan Millers Mutual Insurance Company, is seeking an Underwriter to develop and manage a book of commercial lines business through assigned agencies. The role involves building strong agency relationships and supporting established growth and profitability goals. The Underwriter reviews, classifies, evaluates, and prices business within established underwriting authority; analyzes operations and exposures; and writes, renews, and modifies business. The position also assesses risk on new and existing business, makes decisions independently within assigned authority, and recommends matters exceeding that authority to a Senior Underwriter. The role includes travel to assigned agencies, with travel of up to 10% of the time. Michigan Millers describes a workplace culture focused on connectiveness, accountability, empowerment, learning, professional growth, positive working relationships, and sustainable customer relationships. The position offers a flexible work environment with a variety of hybrid work arrangements designed to balance individual, job, department, and company needs. The targeted annual hiring range is $63,000–$90,000, with actual base pay dependent on job-related qualifications and other factors.

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

Develop and manage a book of commercial lines business with assigned agencies.
Review, classify, evaluate, and price business within established underwriting authority.
Manage an assigned agency territory to achieve established growth and profitability goals.
Build and maintain strong agency relationships.
Apply knowledge of rating methodology and coverages to underwriting decisions.
Travel to assigned agencies to promote products, strengthen agency partnerships, and support agency relationships.
Maintain an understanding of the insurance marketplace, including different lines of insurance and emerging industry issues.
Apply established practices, processes, procedures, and underwriting authority to analyze operations and exposures for different types of risks and write, renew, and modify business.
Use research and analysis to develop practical underwriting solutions aligned with organizational objectives.
Assess risk and exposure on new and existing business to identify opportunities that support assigned territory loss ratio and growth objectives.
Achieve business goals through new business growth, renewal retention, and overall profitability for assigned agencies.
Identify and analyze medium-complexity accounts and make sound underwriting decisions.
Make recommendations to a Senior Underwriter when established authority levels are exceeded.
Make decisions independently within assigned authority and execute established policies and procedures.
Apply knowledge to solve problems of medium scope and complexity and recommend solutions when matters fall outside assigned authority.
Build customer satisfaction by setting appropriate expectations, taking responsibility for resolving customer issues, and ensuring commitments are met.
Perform special projects and other duties as assigned.