Production Underwriter - Workers

The salary range for this job posting is $97,153.00 - $ annually + bonus + benefits.

Pay Type:

Salary

The salary range for candidates in Illinois is $105,080 - $210,900 annually + bonus + benefits.

Pay Type:

Salary

We may hire a senior level depending on candidate qualifications, and the posting is inclusive of the non-senior and senior-level full range.

This role will report to a Regional Vice President, Commercial Lines.

Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes:

Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin.

Represent Encova Insurance and functions as the agency manager for assigned agents with a primary focus on commercial lines (e.g., worker’s compensation and/or package lines). Responsible for achieving established premium growth and profitability objectives by reviewing risks, determining acceptability, and successfully writing profitable new business and retaining profitable renewal accounts. Focused on taking action to achieve results that positively impact growth and profitability while ensuring excellent customer service and timely responsiveness to assigned agencies for their commercial lines accounts.

• As agency manager, this role is the liaison between Encova and its appointed agency force. Duties include;
• Develop and maintain agency relationships through regular visits with agency leadership and production staff, encompassing;
• Agency growth and profitability with Encova.
• Agency progress towards Encova profit share program and Leaders’ Conference participation.
• Encova updates and organizational changes.
• Facilitate growth between all Encova profit centers and assigned agencies.
• Coordinate agency training when needed and assist agencies with the tools needed to build sustainable, long-term profitable growth with Encova across all profit centers.
• Gather competitive intelligence.
• Stay abreast of current insurance laws and regulations.
• Prospect and qualify new agents for potential appointments.
• Submit written reports as required.
• Attend industry events.
• Determine the acceptability, quality, pricing, profitability and opportunity for new and renewal business.
• Complete thorough risk analysis on designated accounts using appropriate Encova, NCCI, ISO and industry rules, policies, procedures, guidelines, etc.
• Identify, create and initiate new business opportunities within current book of business and assigned agencies.
• Gather and analyze information necessary to make an accurate evaluation of risk.
• Determine appropriate pricing based on risk exposures, risk quality, loss potential and coverage provided.
• Utilize available resources including company underwriting guidelines, business unit strategies, and consultation with others to ensure adequate understanding of risk exposures.
• Prepare and participate in proposals to producers. Negotiate terms and conditions.
• Ensure the proper issuance of policies, certificates, filings and notifications.
• Effectively utilize rules and guidance to ensure proper policy construction.
• Seek the guidance of management on risks exceeding assigned authority levels.
• Identify underwriting issues; recommend and develop plans for problem resolution and implement them where appropriate.
• Manage existing and prospective accounts by actively participating in account…