What you will be doing:- Underwrite and grow a profitable book of business based on eligibility by reviewing the our Risk Appetite Guide, loss analysis, exposure analysis, class code, and reinsurance acceptability.
- Review Due Diligence reports, Loss Control surveys, loss runs, timeliness of premium payments, and take appropriate action when necessary.
- Collaborate with specialists such as premium auditors, claims adjusters, and loss control engineers for risk assessment.
- Manage and delegate regular activities of underwriting assistants, including reaction time to compliance issues and requests from internal departments such as claims, loss control, SIU, Policy Issuance, and IT, as well as external requests from Agents, Brokers, and Policyholders.
- Present accounts to management for underwriting approval, accompanied by the appropriate underwriting data and recommendations.
- Stay current with rules and regulations, market conditions, and corporate underwriting disciplines utilizing NCCI and State Insurance Department websites.
- Assist the marketing department with presentations, proposals, and visits with Brokers and Policyholders.
- Perform other duties as assigned.
Experience you will need:- Minimum of 3 years of commercial insurance experience with at least 2 years of Workers’ Compensation underwriting individual accounts.
- Knowledge of large account rating programs (i.e., Large Deductibles, Retrospective Rating, etc.).
- Effective written and verbal communication skills.
- Effective organizational skills.
- Proficiency in internet software and Microsoft Products such as Word, Excel, Outlook, and internet software.
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