Senior Personal Lines Underwriter- Fremont Insurance

Senior Personal Lines Underwriter
- The Auto Club Group

Join the team committed to driving your career forward.

Job Type: Full time

Exempt/Non Exempt:
Salary

Job Description:

Currently accepting applications from external candidates that reside in Michigan, Indiana or Ohio with experience underwriting policies in Michigan. Accepting applications from ACG & Fremont employees within our entire footprint.

Primary Duties and Responsibilities:

Independently uses the highest level of approval authority among Underwriters to review, accept, reject or modify new and renewal business for highly complex Personal Lines policies while ensuring a profitable personal book of business. May review policies for multiple states. Reviews risk acceptability to make objective decisions based on underwriting guidelines; ensuring standards for state compliance regulations are met. Uses creativity and underwriting knowledge to manage risks and retain business.

Refers higher level coverage reviews to the Supervisor. Analyzes Claim investigations to determine if the policy should be rescinded.

Serves as a subject matter expert and technical resource within the department by training and mentoring new hires, assisting inexperienced underwriters in handling high hazard/more complex accounts, supplementing the supervisor in the referral process and taking on additional responsibility for special projects. May also be responsible for evaluating quality and delivering balanced coaching/feedback to underwriters.

Builds and maintains on-going relationships with key agents with the goals of: educating agents on underwriting philosophy, providing updates on changes to products, services, processes and procedures, communicating compliance related concerns and discussing quality of submissions. Activities include: receiving inbound calls from agents, making outbound calls to agents and traveling to agent offices. Reviews loss ratios and growth for agents when evaluating and making agency exceptions.

Works with agents to correct errors. May change deductibles, increase premiums, cancel policies or recommend that an agent received additional training or counseling when necessary. Reports non-compliant or unethical agent behavior.

Partners with Agency Performance Management team, Territory Managers and Product Management to identify trends and patterns that might create problems. Collaborates with underwriting operations, sales, claims, and other business units to make recommendations regarding products, systems and performance as appropriate.

Supervisory Responsibilities:

None

How you will benefit:

• Our Senior Personal Lines Underwriter will earn a competitive annual salary of $67,000 - $85,000 with annual bonus potential, based on performance.

• Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:

  • 401k Match

  • Medical

  • Dental

  • Vision

  • PTO

  • Paid Holidays

  • Tuition Reimbursement

Required Qualifications (these are the minimum requirements to qualify)

Education (include minimum education and any licensing/certifications):

• College level coursework in Business Administration or a related field, or the equivalent work experience
• CPCU, CIC, IIA or other insurance related coursework

Experience:

• Minimum two years property and casualty underwriting experience
• Analyzing, problem solving and making sound decisions
• Negotiating and resolving conflict
• Demonstrating proficient levels in operating and navigating within underwriting and processing computer programs and systems

Knowledge of:

• In depth knowledge and understanding of the following:
• Underwriting policies, procedures and practices
• Insurance regulations and practices
• Property and casualty insurance products
• Property and casualty insurance terminology, contracts and forms
• Inspection techniques related to property and casualty insurance
• Quantitative measurements (loss ratio, production and profitability)
• Fair Credit Reporting Act as it relates to insurance

Ability to:

• Evaluate, accept, modify, reject or cancel complex personal lines risks in accordance with the underwriting guidelines
• Evaluate third party documentation to determine the level of risk to which the Company will be exposed.
• Make exceptions to guidelines, where appropriate, without risking the Company's profitability
• Collaborate and communicate effectively both verbally and in writing with key business partners
• Build, maintain and manage producer and customer relationships
• Assist in the education and development of Underwriters
• Identify and report non-compliant or unethical agent behavior
• Review special investigation referrals to determine if misrepresentation, concealment or fraud occurred
• Provide litigation depositions and testimony
• Work under pressure with a strong attention to detail, completing tasks by taking decisive or quick action
• Prepare and present unit activity reports and recommendations to management

Preferred Qualifications

Education:

• Bachelor's degree in Business Administration or a related field
• CPCU, CIC, IIA or other…