Trucking Insurance Underwriter (BDC)

Emergent Holdings•Lansing, MI

20h•Hybrid

About The Position

This Trucking Underwriter (Business Development Consultant) position is responsible for the development and management of independent agency relationships within our commercial trucking line, including the development of new business and retention of existing business in a region or territory. Reviews, analyzes, approves or rejects complex business within letter of authority. Serve as liaison with company personnel regarding company business opportunities and problem resolution.

Requirements

Relevant combination of education and experience may be considered in lieu of degree.
Bachelor’s degree in marketing, insurance or related field.
Three (3) 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 provide the necessary skills and abilities.
Continuous learning required, as defined by the Company’s learning philosophy.
Commercial Auto experience required.
Excellent oral and written communication skills.
Excellent presentation and facilitation skills.
Demonstrated leadership and project management abilities.
Ability to make competent, independent decisions.
Ability and proficiency in the use of computers and Company standard software specific to position.
Ability to exercise advanced judgment skills in evaluating and determining the proper pricing for prospective policyholders using corporate underwriting guidelines by accepting or rejecting risks for the purposes of issuing commercial trucking insurance coverage.
Ability to manage agency relationships and demonstrated ability to make sound underwriting decisions.
Advanced knowledge of appropriate jurisdictional laws.
Ability to calculate expected pricing, dividends, and premium quotations for agents and policyholders.
Ability to analyze territory or region in order to identify problems and take the appropriate corrective action.
Ability to comprehend the consequences of various problem situations and address them or refer them for appropriate decision making.
Ability to effectively exchange information clearly and concisely, and present ideas, reports, facts and other information, and respond to questions as appropriate.
Ability to be innovative and creative when presented with unique situations.
Excellent verbal and written communication skills with the ability to effectively communicate with agents, policyholders and internal customers.
Ability to analyze and solve practical problems which deal with a variety of variables.
Ability to analyze and manage data.
Ability to meet customers changing needs.
Excellent time management and organizational skills with the ability to shift priorities appropriately.
Ability to understand and implement audit procedures and processes for agencies.
Must possess a valid driver's license with a record that meets corporate standards.

Nice To Haves

MBA or other advanced degree is preferred.
Certification, or progress toward, highly preferred and encouraged.
Experience with Commercial Trucking Insurance preferred.

Responsibilities

Calculates, prepares and develops premium quotations using corporate underwriting guidelines within 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 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.
Works with all internal departments to resolve problems and maintain company relations.
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 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 company at trade associations and exhibits to promote corporate product.
Coordinates special projects of behalf of Regional Manager, as assigned.
Serves as technical expert or regional advisor for region or territory.