Underwriting Associate

The Mutual Group

2d • $45,000 - $65,000 • Hybrid

About The Position

As the Underwriting Associate, your primary responsibility is to contribute to the underwriting of a profitable and risk adverse portfolio through effective communication and decision-making within the boundaries of designated authority. You will assist Underwriters with business development and growth through the building of relationships with assigned producers and wholesalers. Work Arrangement: Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional in‑office days.

Requirements

• High school education or equivalent.
• One (1) year experience in the Property & Casualty insurance industry.
• General knowledge of common terms, practices, processes and regulations in the insurance industry.
• Effective written and verbal communication skills.
• Proficient typing and data entry skills.
• Proficient in use of Microsoft Office suite including Basic Excel skills, Intermediate Word and Outlook skills.
• Effective analytical, problem-solving and decision-making skills.
• Strong attention to numeric and other details.
• Strong customer service orientation.
• Adaptability to meet changing business needs.
• Organizational skills and ability to manage large work volume and meet tight deadlines.

Nice To Haves

• Associate or Bachelor’s degree in business administration, finance or related field preferred; equivalent relevant work experience.
• Insurance Industry course work completion preferred.

Responsibilities

• Within individual authority level, review and analyze exposures to make independent decisions regarding the risk selection for submissions and renewals.
• Manages to production standards, maintains file documentation, and ensures compliance with internal and external regulations and guidelines.
• Communicates with agents in order to complete defined underwriting tasks to include obtaining missing information, clarifying account information and negotiating within authority limits.
• Provide support to Underwriters, at any point in the process post bind business production for all lines of business.
• Pull financial and other industry reports to assist underwriters with territory review.
• Reviews submission files for complete information, evaluates coverage selections, and reviews pre-qualification details for underwriters.
• Assist Underwriters in identifying loss drivers of the book of business as well as growth opportunities with the assigned territory.
• Actively participates in continuous improvement by fully engaging in the underwriting function, generating suggestions, following appropriate procedures, and performing basic underwriting analysis on accounts.
• Identify opportunities for process improvement and develop strategies to present to management for their consideration.
• Provide assistance to the Customer Care Center by researching information with agents and wholesalers as requested.
• Perform other related work as assigned.

Benefits

• Competitive base salary plus incentive plans for eligible team members
• 401(K) retirement plan that includes a company match of up to 6% of your eligible salary
• Free basic life and AD&D, long-term disability and short-term disability insurance
• Medical, dental and vision plans to meet your unique healthcare needs
• Wellness incentives
• Generous time off program that includes personal, holiday and volunteer paid time off
• Flexible work schedules and hybrid/remote options for eligible positions
• Educational assistance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED