Underwriter

Company Details

 

Acadia Insurance is a regional property casualty insurer with offices throughout the Northeast.  As a member of W.R. Berkley Corporation (NYSE: WRB), one of the largest property casualty insurance holding companies in the United States, our financial strength and integrity are two of the main reasons why Independent Agents place business with us.  Acadia is rated A (Superior) by A.M. Best, with an A claim paying ability rating by Standard & Poor’s. 

 

At Acadia, we value our employees, our customers and our communities.  Employees at Acadia are part of a progressive company where everyone can make a difference.  We promote an inclusive environment which encourages continuous learning and the chance to grow and develop. 

Responsibilities

The Underwriter will manage all related underwriting tasks required in assigned territory to promote written premium growth and favorable loss ratio results.

 

Key functions will include but not be limited to:

• Responsible for new and renewal accounts with a focus on the logging industry including underwriting and pricing accounts in accordance with Acadia’s underwriting standards and personal underwriting authority.
• Evaluate, select, and price policies for our logging book of business to achieve underwriting profit (within underwriting authority), premium growth, desired business mix, market/agency penetration, and agency management objectives with a focus on new business. Refer risks exceeding authority to management with recommendations for approval or disposition.
• Develop and manage assigned agency relationships with producers and customers through visitations and regular customer contact.
• Evaluate the performance of our logging book of business on an ongoing basis to ensure company goals and objectives are met. Participate in review and evaluation of agencies with a large presence in the logging space and 
• make recommendations on agency management issues. Communicate corporate goals, programs, underwriting policies, procedures, and guidelines to agents.
• Participate in various logging industry and PLC (Professional Logging Contractors) Association events, meetings, etc. This could include reporting on results, communicating underwriting appetite and guidelines, gathering feedback from agents and insureds, among other things.
• Coordinate with other supporting Underwriters, Underwriting Assistants, and Raters to ensure consistency in appetite, process, and pricing.
• Close coordination with Loss Control Logging Specialist and Home Office Underwriting is required to identify and respond to developing trends noted through losses, field visits and industry feedback.
• Close coordination with logging/specialty underwriters in other branches is also required to ensure a consistent approach to the logging book, especially with the recent expansion announced by the PLC Association.
• Monitor production, hit ratios, renewal retention ratios, spread of risk, and other production and quality measures.
• Request information needed for underwriting and pricing of assigned business.
• Conduct negotiations with agents.
• Coordinate loss control, claim, audit and billing services as needed.
• Bind reinsurance, review certificates from reinsurers.
• Maintain a workflow for your assigned territory which meets all the standards and expectations of the department. Strive to improve processes within the Company to increase the level and quality of service provided to internal and external customers.
• Demonstrate a commitment to self-development.
• Other duties assigned

Qualifications

• Bachelor's degree from four-year college or university
• One to Two years related experience and/or training; or equivalent combination of education and experience.

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees.

Sponsorship Details

Sponsorship not Offered for this Role