Yacht Underwriter

Select how often (in days) to receive an alert:

36236

We are Farmers – where ambition meets opportunity.

At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team.

We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us.

Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do.

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office.

Applicants beyond fifty (50) miles may still be considered.

• Responsible for development support of new Yacht product features to include the construction of appropriate policy language, required coverages, and necessary rating structure.
• Supports implements initiatives and capabilities that support consistent, accurate underwriting functions necessary to achieve company financial goals such as growth, profitability and ease of doing business targets.
• Accountable for core underwriting functions and serves as an expert in system rules, legal & compliance issues, underwriting authority, underwriting appetite guidelines and underwriting process flow.
• Helps identify and manage relationships with Yacht Specialist agencies to drive profitable new business growth and maintain renewal retention.

• Responsible for supporting the design, implementation, and monitoring Yacht product features. Develops short term and long term plans for assigned products and product features.
• Develops and manages business processes, creating improvements in underwriting efficiency, quality and/or productivity, cost reductions, competitive bench marking, organization analysis and customer service improvements.
• Participates with national projects/programs in an effort to substantially impact premium growth, expense reduction and/or profit improvement.
• Monitors, controls and evaluates the efficiency of the underwriting business rules engine, identifying new rules to support profitable growth and ensure proper rating of new and existing business.
• Evaluates, recommends and implements customer selection guidelines to support policy growth while protecting profitability. Participates in the development of written personal lines insurance policy contracts to be underwritten by the company; coordinates with Underwriting, Actuarial, Claims, Corporate Legal, Corporate Communications and State Filings to create and/or revise personal lines insurance contracts.
• Routinely conducts competitive analysis on contractual forms and underwriting guidelines identifying areas of opportunity for new products and underwriting best practices. Stays current on industry knowledge and makes relevant recommendations that may impact lines of business. Performs other functions as assigned.

• High School Diploma or equivalent. Bachelor's degree preferred.