Underwriter

FARMERS ALLIANCE MUTUAL INSURANCE C•McPherson, KS

10d•Onsite

About The Position

Underwrite a profitable and growing book of business with acceptable loss and expense ratios, while maintaining good overall agency relationships. Support corporate goals and objectives.

Requirements

Develop a strong knowledge and understanding of the rating requirements and policy forms used within your underwriting responsibilities.
Demonstrate effective time management, organizational, and computer skills.
Good listening and decision-making skills, detail oriented, accurate and efficient.
Active participation in the team process, both internally and externally, and excellent customer service skills.
College bachelor's degree preferred.
Will be required to complete the Associate in Personal Lines Insurance (API) or Associate in Commercial Lines (AU) designation and at least one other insurance course within 48 months.
Successful completion of the Personal Lines section of CIC, and Associate in Service (AIS) program will also be necessary.
CPCU completion is strongly encouraged as well.

Nice To Haves

CPCU completion is strongly encouraged as well.

Responsibilities

Evaluate risks for acceptance, renewal, modification, or declination within established departmental underwriting criteria and individual authority documents to produce an underwriting profit.
Analyze underwriting information such as applications, change requests, inspections, credit reports, MVR's, cost estimators.
Evaluate alternative outcomes, make appropriate underwriting decisions and include proper and accurate file documentation.
Answer questions from agents and other team members concerning risk analysis, eligibility, underwriting rules, rating and company practices and procedures.
Evaluate the underwriting results of the assigned territory and make recommendations for corrective action, as necessary.
Participate as needed with feedback for Product Managers, evaluation of the agency force and development of underwriting guidelines.
Communicate with agents, in a business-like manner: Explain the reasons behind underwriting decisions.
Demonstrate flexibility and adaptability as risk conditions or market conditions change.
Build professional working relationships with agents, customers, and other company personnel.
Use persuasion and influencing skills to encourage application submissions and business retention, selling the appropriate coverages and promoting loss control measures.
Look up policy information on the computer and possess a working knowledge of systems and databases to facilitate in answering policy, coverage, and billing questions.
Participate in marketing efforts, including individual agency visits, company/agency meetings, and/or training sessions.
Complete special assignments.
Other duties as assigned.