What are the responsibilities and job description for the Workers' Compensation Underwriter position at Employers?
Job Title: Workers' Compensation Underwriter
100% Remote (WFH)
General Summary:
The successful candidate will be responsible for underwriting new and renewal Workers' Compensation accounts for agents and producers assigned within their territory in compliance with company underwriting, pricing, and letters of authority.
Essential Duties and Responsibilities:
- Underwrite and retain new and renewal business through solid risk analysis, pricing with adherence to state filings, corporate guidelines, and delegated authority.
- Compile and document underwriting decisions and make referrals to management when appropriate including rational and recommendations.
- Maintain strong product line and industry expertise while gathering/sharing competitive information along with changes/trends in the local and national markets.
- Collaborate with Sales Team to develop and maintain strong agency relationships with shared accountability in meeting territory goals. Keep leadership, peers, and sales team informed of all issues and meaningful activities.
- Work with minimal supervision and meet commitments/deadlines. Act with a customer-first mindset and a sense of urgency.
- Collaborate and contribute in tactical and strategic business planning with Sales and distribution partners.
- Provide thorough and pertinent information and guidance to Underwriting Services staff required to process coverage requests in accordance with service guidelines and standards/SLA's.
- Provide professional, timely, and courteous communication and service to internal and external customers to resolve issues.
- Focusing on exceptional customer service, collaboration with Sales team, the development of strong agency relationships.
Agent Relationships:
Demonstrates a high level of responsiveness and focus on supporting Agents objectives. Establishes, develops, and maintains successful relationships with Agents to facilitate marketing of integrated payroll products and services, through responsive service, site visits, enhanced knowledge of their customers businesses.
Develops strong personal brand to build and maintain a long-term quality pipeline with Agents.
Portfolio Management:
Job Requirements:
- Minimum 3 years of experience underwriting property and casualty insurance.
- Commercial lines underwriting experience required.
- Ability to read and interpret documents such as instructions and procedure manuals. Ability to write routine reports and correspondence.
- Ability to calculate figures and amounts such as discounts, interest, commissions, pro-rata portion, frequency, loss ratio, net rate, and percentages.
- Ability to apply problem-solving skills involving variable and standard situations.
- Excellent communication skills including written, verbal, telephone, and virtual meetings.
- Excellent organizational and time management skills.
- Excellent negotiation skills.
- Demonstrated proficiency with Microsoft Office Product Suite.
Education:
Bachelor's degree or equivalent experience
Work Environment:
Remote: This role is a remote (work from home WFH) opportunity, and only open to candidates currently located in the United States and able to work without sponsorship.
It requires a suitable space that provides a private and quiet workplace.
Expected Work Hours: Schedules are set to accommodate the requirements of the position and the needs of the organization and may be adjusted as needed.
Travel: May be required to travel to off-site location(s) to attend meetings, as necessary.
Salary Range:
$50,000-75,000 and a comprehensive benefits package, please follow the link to our benefits page for details https://www.employers.com/careers/our-benefits-and-perks/
Salary : $50,000 - $75,000