Production Underwriter - Workers

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

Pay Type:

Salary The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we’ll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process.

Encova Insurance has an immediate opening for Production Underwriter, Workers' Compensation for accounts over $75k in premium. This is a remote position that will travel the assigned territory in Illinois to visit agencies in order to develop new and existing relationships. A company vehicle will be provided. 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.

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.

• 1. As agency manager, this role is the liaison between Encova and its appointed agency force. Duties include; o 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.
• 2. 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.
• 3. Gather competitive intelligence.
• 4. Stay abreast of current insurance laws and regulations.
• 5. Prospect and qualify new agents for potential appointments.
• 6. Submit written reports as required.
• 7. Attend industry events.
• 8. Determine the acceptability, quality, pricing, profitability and opportunity for new and renewal business.
• 9. Complete thorough risk analysis on designated accounts using appropriate Encova, NCCI, ISO and industry rules, policies, procedures, guidelines, etc.
• 10. Identify, create and initiate new business opportunities within current book of business and assigned agencies.
• 11. Gather and analyze information necessary to make an accurate evaluation of risk.
• 12. Determine appropriate pricing based on risk exposures, risk quality, loss potential and coverage provided.
• 13. Utilize available resources including company underwriting guidelines, business unit strategies, and consultation with others to ensure adequate understanding of risk exposures.
• 14. Prepare and participate in proposals to producers. Negotiate terms and conditions.
• 15. Ensure the proper issuance of policies, certificates, filings and notifications.
• 16. Effectively utilize rules and guidance to ensure proper policy construction.
• 17. Seek the guidance of management on risks exceeding assigned authority levels.
• 18. Identify underwriting issues; recommend and develop plans for problem resolution and implement them where appropriate.
• 19. Manage…