Westfield Insurance · 21 hours ago
Personal Lines Market Underwriter
Westfield Center, OH
Full-time
Hybrid
Mid Level
3+ years expWestfield Insurance is a global leader in property and casualty insurance, and they are seeking a Personal Lines Market Underwriter to contribute to their team. This role involves reviewing and analyzing insurance applications, generating profitable growth, and serving as the primary contact for assigned agencies, while ensuring compliance with regulations and providing excellent customer service.
Insurance
Hiring Manager
Kelsey Fluke, CDR
Responsibilities
Generates profitable growth and makes sound underwriting decisions for assigned agencies within clearly established guidelines. Ensures that policies are written in compliance with state and federal regulations regarding insurance policies
Serves as the primary contact for assigned agencies and serves as representative on cross-functional teams
Works closely with agents and brokers to ensure that policies are written correctly and in accordance with company guidelines, provides guidance on policy language, endorsements, and modifications to coverage
Works with other underwriters and managers to develop underwriting acumen, industry knowledge and overall understanding of Westfield business operations
Reviews insurance applications submitted by agents to determine whether the applicant meets the company's underwriting guidelines and assesses the risks associated with insuring them
Evaluates large losses and refers to the Leader for approval, performs future status evaluations and documents for appropriate action, sets up and issues non-renewals, cancellations, and direct notices
Uses various data sources to determine appropriate premiums and coverage levels, such as loss history, driving records, and risk exposures
Identifies and completes required analysis to develop, deliver, and monitor agency business plans for key agencies
Identifies potential risks associated with insuring an individual or property and recommends ways to mitigate those risks, such as adding endorsements or modifying policy language
Provides excellent customer service to agents, answers questions, and resolves issues
Develops and maintains relationships with agents and brokers to promote the company's products and services. Coordinates with assigned agencies as needed, evaluates and prepares relevant information while ensuring proper procedures and processes are followed
Understands and applies the company’s agency compensation philosophy including commissions, ACCP/supplemental compensation, and custom compensation options
Stays up to date on industry trends, market conditions, and competitor intelligence to identify areas for growth or where the company may need to adjust its underwriting practices
Travels occasionally in order to support essential functions of the role. This may involve traveling on short notice or other daily driving duties as assigned
Qualification
Required
3+ years of experience in Personal Lines Underwriting
Bachelor's degree in Business Administration, Risk Management, Finance, Economics, or a related field and /or commensurate experience
Working towards or possess a CPCU, AU, CIC, API, and/or AINS designation
Personal Lines Underwriting
Property and Casualty Insurance
Insurance Industry Knowledge
Insurance Underwriting
Agency Management
Data Analysis and Reporting
Customer Service Management
Risk Management
Personal Lines Strategy
Knowledge Of State Specific Underwriting Statues
Company
Westfield Insurance
Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe Kohmann
Chief Financial Officer & Treasurer
Amy Larsh
Executive Assistant to the President, CEO & Board Chair
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