Farm and Agribusiness Underwriter

Farm and Agribusiness Underwriter

Objective

To underwrite agricultural lines of insurance, implementing company philosophy and underwriting guidelines in the acceptance and rejection of risks, pricing, classification, hazard recognition, and providing service to policyholders, Farm Bureau Insurance agents, and their staff.

Responsibilities

• Evaluate, examine, and/or physically survey risks submitted for coverage by Farm Bureau Insurance agents.
• Accept, modify, or reject risks based on all relevant information, including guidelines, directives, inspections, and claims information.
• Properly classify and rate risks, verify coverage amounts, and develop appropriate premium.
• Work with Farm Bureau Insurance agents and, in some cases, insureds, to determine exposure and appropriate coverages.
• Monitor exposure of individual risks by reviewing pictures, inspections, claims, consumer reports, renewal surveys, audits, and communications with Farm Bureau Insurance agents.

Qualifications

• Bachelor’s degree required or equivalent experience considered.
• Minimum six months at the Associate Underwriter position level or equivalent experience required. Three to five years multi-line underwriting experience preferred.
• Must possess a valid driver license with an acceptable driving record.
• Associate in Personal Insurance (API), Associate in Commercial Underwriting (AU), AAIC Ag Advisor, or Farm Bureau Tech Underwriting training required, or must be completed within 24 months of hire.
• Other equivalent education or farm and agribusiness underwriting experience may be considered.
• Preferred:
  Chartered Property Casualty Underwriter (CPCU).

Benefits

Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.

Seniority level
:
Entry level

Employment type
:
Full-time

Job function
:
Finance and Sales

Industry
:
Insurance