Senior Production Underwriter

GeneralGeneralFull TimeRemoteSeniorTeam 501-1,000Since 1946H1B No SponsorCompany SiteLinkedIn

Location

Illinois

Posted

1 day ago

Salary

$103.2K - $136.1K / year

Seniority

Senior

Bachelor Degree5 yrs expEnglish

Job Description

Senior Production Underwriter

UFG Insurance

• Profitably underwrite complex new and renewal business through risk selection, pricing, contractual integrity, and account management, in accordance with delegated authority, and ensuring regulatory compliance. • Demonstrate critical thinking in assessing the risk and identifying exposures and controls. • Price risk commensurate with exposures and controls. • Set appropriate terms and conditions to deliver a profitable portfolio. • Document assigned files with underwriting thought process. • Serve as a subject matter expert to assist team members with complex risks. • Through effective portfolio management skills, achieve profit and premium plans for prescribed business unit strategies. • Achieve production goals within assigned territory. • Responsible for marketing, which includes both in-person and virtual sales calls with agencies and insureds. • Prospecting and developing a strong pipeline of new business opportunities. • Develop and maintain successful relationships with producers and agencies. • Represent UFG in the marketplace, articulating the company’s capabilities in underwriting, risk control, and claims, across all business units at UFG. • Collaborate with Business Unit and Line of Business underwriting, Sales and Distribution, Underwriting Center, Underwriting Support, Risk Control, Legal, Claims, and other internal partners to ensure optimal stakeholder management. • Complete agency reviews, capturing appropriate intel around market opportunities. • Provide feedback to management on the current state of the marketplace, agencies, and competition. • Mentor and train team members, acting as a resource for the team to answer questions, resolve escalated issues, and provide guidance. • Represent the field underwriter perspective in key corporate initiatives and projects. • Support and participate in the deployment of technical underwriting training/content.

Job Requirements

  • Four-year college degree preferred
  • Completion of or working towards AU, CIC and/or CPCU designations preferred
  • 5+ years commercial lines underwriting experience preferred
  • Advanced risk evaluation skills and insurance contract knowledge
  • Capability to execute current underwriting strategy for assigned territory to make effective underwriting decisions
  • Strong leadership skillset to include ability to mentor, coach, and train
  • Ability to work in a fast-paced environment while prioritizing and completing work efficiently and effectively
  • Excellent customer service skills
  • Effective stakeholder management skillset to include ability to establish high degree of trust with internal and external partners
  • Analytical and problem-solving skills with an affinity for detailed accuracy
  • Advanced communication and negotiation skills
  • Strong time-management skills with the ability to meet deadlines and effective dates
  • Advanced knowledge of agency force and current market environment
  • Excellent sales skills, with proven track record of growing a profitable book of business.

Benefits

  • Annual incentive compensation
  • Medical, dental, vision & life insurance
  • Accident, critical Illness & short-term disability insurance
  • Retirement plans with employer contributions
  • Generous time-off program
  • Programs designed to support the employee well-being and financial security.

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