Commercial Trucking Insurance Underwriting Associate

Threat Intelligence SpecialistSecurity AnalystFull TimeRemoteTeam 1,001-5,000

Location

United States

Posted

19 days ago

Salary

Not specified

No structured requirement data.

Job Description

This role involves assisting the Underwriter in various tasks related to commercial auto insurance. Assist the Underwriter in the calculation, preparation and development of premium quotations using corporate underwriting guidelines Assist the Underwriter in determining the underwriting eligibility for prospective policyholders and developing appropriate pricing for new business, renewals, and endorsements Support agency relationships and plans in cooperation with other staff Address agents’ and policyholders’ concerns/needs Assist the Underwriter in developing new business and retention of existing business in a given territory or region Explain and emphasize the benefits of commercial auto insurance products and services to customers (agents and policyholders) Work with all internal departments to resolve problems and maintain company relations Participate as necessary on special committees and task forces Interpret and develop territory reports which reflect the status of the territory Participate in promotional plans for both Fundamental Underwriters and agent activities Analyze and review production and loss information for agents Prepare periodic reports as requested Research and coordinate responses to agents, policyholders and regulatory entities Assist the Underwriter with analyzing agency performance and develop corrective action plans as needed Assist the Underwriter in analyzing accounts to determine exposure and proper pricing Gather competitive and product information from the field Assist in the training of agency employees on the use of company specific automation systems Assist the Underwriter in reviewing loss trends and developing action plans to correct problem areas Support schedule for large account service plans with claims, loss control, premium audit, and other departments as needed Provide input for agency advisory council meetings Assist in the development of regional goals

Job Requirements

  • Bachelor’s degree in marketing, insurance or related field
  • Combinations of relevant education and experience in underwriting, marketing, loss prevention, and/or auditing may be considered in lieu of a degree
  • Continuous learning required, as defined by the Company’s learning philosophy
  • Certification, or progress toward, highly preferred and encouraged
  • One year of relevant experience which provides the necessary skills, knowledge and abilities is required
  • Agency management and marketing experience preferred or successful completion of the trainee program with proper education
  • Must reside in Eastern, Central or Mountain Time Zones
  • Ability to exercise good judgment in evaluating and determining proper pricing for prospective policyholders
  • Ability to initiate insurance transactions in compliance with all policies, procedures, legal and ethical guidelines
  • Ability to negotiate while establishing a personal rapport and maintaining effective working and client relationships
  • Knowledge of commercial auto and the independent agency system
  • Ability to apply creative and persuasive techniques to maintain existing business
  • Ability and proficiency in the use of computers and company standard software
  • Strong interpersonal skills and ability to create and maintain mutually beneficial relationships
  • Ability to work with minimum supervision and balance demands of a field position
  • Ability to perform other assignments at locations outside the office
  • Ability to support agency relationships and assist sound underwriting decisions
  • Knowledge of appropriate jurisdictional commercial auto laws
  • Ability to calculate expected pricing for agents and policyholders
  • Ability to analyze territory or region to identify problems and take appropriate corrective action
  • Ability to comprehend the consequences of various problem situations
  • Ability to effectively exchange information clearly and concisely
  • Ability to analyze and solve practical problems dealing with a variety of variables
  • Ability to make and implement competent, independent decisions and build consensus
  • Ability to understand and implement audit procedures and processes for agencies
  • Working Conditions
  • Work is performed in a virtual office and onsite office setting with no unusual hazards
  • Travel is required
  • Pay Range
  • Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market, and other potential factors. A reasonable estimate for this role is between $54,000 and $90,550.
  • We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.

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