Underwriter I (Farm Line)

Kentucky Farm Bureau Mutual Insurance Company•Louisville, KY

1d•Onsite

About The Position

Kentucky Farm Bureau Mutual Insurance Company is hiring an Underwriter I for the Farm Line in its Product & Risk Management department. Reporting to the Underwriting Manager, this position reviews and analyzes underwriting information to determine whether individual risks meet corporate underwriting standards. The underwriter accepts, declines, or modifies policies written by the agency force while providing customer service. The position is located at 9201 Bunsen Parkway, Louisville, Kentucky, and is classified as non-exempt. The role involves evaluating applications, re-inspections, and policy changes in accordance with underwriting guidelines; maintaining knowledge of policy materials and relevant procedures; and working with agency staff, state office personnel, policyholders, and colleagues. The underwriter is responsible for the production and profitability of business in assigned agencies and participates in company initiatives, training, meetings, and projects. The position includes agency and office visits, limited travel, and occasional overnight travel as requested.

Requirements

Bachelor’s degree, or a combination of formal education, training, and experience generally equivalent to a college graduate’s knowledge and skills, or a General Insurance Certificate (INS 21, 22, 23).
Good verbal, listening, and written communication skills.
Good math aptitude.
Good organizational and public relations skills.
Good computer skills.
Good problem-solving and creative-thinking skills.
Self-motivated, with the ability to work independently.
Able to adapt, remain dependable and logical, investigate, and demonstrate positive thinking.
Able to receive constructive criticism.
Able to coordinate and complete several tasks under time constraints.
Able to reason, negotiate, and solve problems.
Able to interpret and communicate policy contracts and underwriting guidelines.
Able to deal with others diplomatically and professionally.
Physical demands include normal vision and hearing, with or without correction; speaking; and limited travel.
Mental demands include analytical reasoning, prolonged concentration, patience with frequent interruptions, attention to detail, and ability to adjust to workplace changes.

Nice To Haves

Underwriting experience preferred.

Responsibilities

Review applications, re-inspections, and policy changes to evaluate, classify, terminate, or modify policies according to underwriting guidelines.
Acquire and maintain knowledge of applicable policy contracts, endorsements, forms, manuals, coding information, and other relevant materials.
Develop and maintain long-term relationships with agency force and state office personnel.
Communicate effectively and collaboratively with the agency force.
Use Motor Vehicle reports, Comprehensive Loss Underwriting Exchange reports, and other investigative reports to assess risk acceptability.
Review and understand loss ratios and other company statistical reports.
Assist agency staff with new systems and procedures.
Counsel policyholders by phone and in person when needed.
Participate in departmental or organizational projects as needed.
Return telephone calls and other correspondence promptly and courteously.
Participate in internal company training and continuing education.
Comply with company guidelines defined in the Underwriting Manuals.
Be responsible for production and profitability of business in assigned agencies.
Participate in company directives focused on profitability.
Attend and participate in meetings as required.
Maintain regular and predictable attendance.
Uphold the company’s Guiding Principles by providing exceptional customer service, championing others, encouraging connectivity through office visits, and promoting operational excellence through proposed improvements to property and liability risks.
Coordinate and complete several tasks under time constraints; reason, negotiate, solve problems, and interpret and communicate policy contracts and underwriting guidelines.
Interact professionally and diplomatically with agents, agency personnel, customers, and KFB employees, and represent KFB professionally.
Travel overnight and attend meetings and conferences as requested; conduct agency visits as requested.
Support department and corporate goals and strive to provide positive leadership.