The Executive Farm & Commercial Underwriter evaluates Farm and Commercial applications for new and renewal business and requested changes for adherence to company guidelines, degree of risk, and potential for profitable results. This position entails frequent communication with claims, customer service, policyholders, agents and other interested parties to obtain information, identify problem areas, determine appropriate action, and communicate and explain underwriting decisions. This is GIA’s highest level underwriter position and as such manages a more complex book of business and serves as a resources to less experienced staff.
Principal Duties and Responsibilities (Essential Functions**):
- Review and analyze underwriting information (claims information, MVRs, CBRs, CLUE, scoring reports, inspection reports, etc) related to each application, renewal file, or policy change.
- Evaluate and then employ appropriate underwriting discretion to accept, modify or reject changes and new business applications using specific parameters and guidelines, all within assigned authority.
- Provide input and suggestions to help in the development and underwriting of more complex coverage types such as Commercial General Liability.
- Perform renewal, mid-term or special project underwriting within department guidelines. Using all underwriting tools available, determine if policy should be continued, mid-term cancelled, non-renewed, or modified, all within assigned authority. This will include reviewing payments received on out-of-force policies to determine the desirability of the risk.
- Effectively and knowledgeably communicate decisions, request information, and discuss risks with agency personnel and insureds.
- Provide recommendations to agents and insureds regarding improvements to risks. Take appropriate action based upon insured response to recommendations.
- Coordinate with intradepartmental staff regarding payment issues, risk advices, and other issues related to policy files.
- Analyze large losses on particular files and prepare underwriting large loss reports.
- Participate in agent and staff training. Training may include the following: underwriting guidelines and judgment, product knowledge (policy language and knowledge of all Company electronic policy and quoting systems), company profit objectives, front line underwriting techniques, and other related topics.
- Participate with Marketing and Underwriting management in making recommendations on profit programs or special actions for agents.
- Develop close work relationships with independent agents and agencies.
- Other duties as needed or required.
Qualifications & Skills:
- Bachelor's degree and six years related experience and/or training; or equivalent combination of education and experience.
- In depth knowledge of underwriting guidelines and underwriting philosophy.
- Extensive knowledge of Farm and Commercial coverage forms, exclusions, pricing, structure, and rating.
- Expertise and knowledge of complex commercial coverage, for example, Commercial General Liability.
- Knowledge of and ability to comply with all state or other regulatory agency’s laws, guidelines, and regulations.
- Excellent written and verbal communication skills. Must be able to effectively communicate with agents, insureds, mortgagees, lien holders, vendors and others through frequent written and telephone communication. A majority of communication takes place over the telephone.
- Proficiency in use of computers, including skills in Word, Excel, and email system and proficient in the Company’s operating systems.
- Ability to work well with people and promote teamwork.
- Good interpersonal and customer service skills.
- Ability to multitask and effectively and independently prioritize and manage complex workload while exhibiting very sound judgment.
- Occasional travel to agencies and events within assigned territory. Some overnight travel may be required.
- Deals with confidential information and/or issues using discretion and judgment.
- Relevant insurance designation such as Associate in General Insurance (AINS), Associate in Personal Insurance (API), Agribusiness & Farm Insurance Specialist (AFIS), or Associate in Commercial Underwriting (AU).
Why choose us?
You don’t just want a place to go to work. You want a chance to make a difference every day for your customers, your coworkers and yourself. If this sounds like you, you are in good company. At Grange Insurance Association, we value the contributions made by every single employee and it shows. We listen carefully. We treat people as individuals. We understand the importance of work-life balance.
Grange offers an excellent benefit package, including fully subsidized ORCA card or van pool participation, as well as competitive compensation and a dynamic working environment.
Our efforts have made us an award-winning employer and we are honored to be recognized as a great place to work. We are proud to be an EEO/AA employer M/F/D/V. Visit our page at: http://reviews.greatplacetowork.com/grange-insurance-association
Grange Insurance Association is a Property/Casualty insurance company, with headquarters near the Space Needle in Seattle and operating in six Western states (CA, CO, ID, OR, WA and WY). We have been insuring farming families in western communities since 1894. Learn more about Grange Insurance Association at www.grange.jobs