Job Description
Commercial Insurance Underwriting Division and they are seeking to add a Wholesale Production Underwriter.
This person would be responsible for quoting and binding commercial risk. Must have an agency following and a start-up mentality.
Commercial Insurance Wholesale Production Underwriter $50-$90K
Arkansas Alabama Colorado Florida Georgia Idaho Iowa Illinois Kansas Louisiana Mississippi Missouri North Carolina Nebraska Oklahoma South Carolina Tennessee Texas and Utah.
This is an excellent opportunity to partner with strong local leadership and establish a strong network of retail relationships throughout the region.
Job Tasks
- Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks using reference materials.
- Authorize financial actions.
- Decline excessive risks.
- Authorize financial actions.
- Write to field representatives medical personnel and others to obtain further information quote rates or explain company underwriting policies.
- Explain regulations policies or procedures.
- Review company records to determine amount of insurance in force on single risk or group of closely related risks.
- Verify accuracy of records.
- Examine documents to determine degree of risk from such factors as applicant financial standing and value and condition of property.
- Assess financial status of clients.
- Authorize reinsurance of policy when risk is high.
- Authorize financial actions.
- Evaluate possibility of losses due to catastrophe or excessive insurance.
- Assess risks to business operations.
Top 10 Important Work Activities
- Getting Information Observing receiving and otherwise obtaining information from all relevant sources.
- Making Decisions and Solving Problems Analyzing information and evaluating results to choose the best solution and solve problems.
- Analyzing Data or Information Identifying the underlying principles reasons or facts of information by breaking down information or data into separate parts.
- Processing Information Compiling coding categorizing calculating tabulating auditing or verifying information or data.
- Documenting/Recording Information Entering transcribing recording storing or maintaining information in written or electronic/magnetic form.
- Evaluating Information to Determine Compliance with Standards Using relevant information and individual judgment to determine whether events or processes comply with laws regulations or standards.
- Updating and Using Relevant Knowledge Keeping up-to-date technically and applying new knowledge to your job.
- Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships withothers andmaintaining them over time.
- InteractingWithComputers Using computers and computer systems (including hardware and software) to program write software set up functions enter data or process information.
- Communicating with Supervisors Peers or Subordinates Providing information to supervisors co-workers and subordinates by telephone in written form e-mail or in person.
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