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Acadia Insurance (a Berkley Company) · 3 months ago

Commercial Underwriting Specialist

IA, Urbandale - 11201 Douglas Avenue

Full-time

Hybrid

Senior Level

5+ years exp

Acadia Insurance, part of Berkley Agribusiness, is seeking a Commercial Underwriting Specialist to manage agribusiness insurance risks. The role involves assessing risks, developing agency relationships, and providing technical underwriting support.

Commercial InsuranceInsurance

No H1B

Responsibilities

Assess new commercial agribusiness insurance risks and determine accurate classification of business, policy contract forms and pricing of risk. Work within broad limits and authority on commercial underwriting accounts of significant size or high technical complexity. Evaluate property (COPE) information, liability exposures, fleet and safety programs, loss history, financial reports, risk control reports, etc. Accept and price risk in accordance with established underwriting guidelines and within delegated authority level

Review renewal accounts by examining business operations, classification, contract forms and loss activity. Determine price in accordance with established underwriting guidelines and within delegated authority level

Develop, expand and/or enhance agency relationships to promote profitability and growth of new business and the retention of existing business. Travel and meet with agents and customers to enhance business relationships. Educate agency staff on pricing, product set and risk selection philosophy. Participate in the agency management process. Assess the strengths and weaknesses of agencies and assist them in achieving the mutual goal of sustained profitable growth

Serve as a technical underwriting resource to underwriting staff and agents regarding products, coverages and rating procedures. Provides professional development knowledge and guidance to Senior Underwriters, Underwriters, Underwriting Assistants and other functional areas

Identify and handle accounts that require placement of facultative reinsurance and facilitates placement through W.R. Berkley Corporation approved markets

Analyze agency results, competitive marketing data and operating environment of territory/agency. Stay current on relevant insurance industry trends and issues

Performs other related duties as assigned by management

Qualification

Commercial Agribusiness UnderwritingRisk AssessmentAgency Relationship ManagementMicrosoft Office SuiteAUCPCU DesignationCustomer OrientationProblem AnalysisInterpersonal SkillsCommunication SkillsPresentation Skills

Required

Bachelor's degree; 5+ years commercial agribusiness underwriting experience

Demonstrates in-depth knowledge of commercial agribusiness underwriting guidelines, insurance forms and coverages and a proven ability to exercise good judgment and creativity when assessing and accepting large and/or technically complex commercial risks

Ability to travel as needed; effectively and professionally respond to inquiries from external customers; organize, prioritize and manage multiple tasks in a fast-paced environment; communicate effectively with all levels of the organization

Possess strong customer orientation; problem analysis and problem resolution skills; and effective interpersonal and communication skills including presentation skills

Regularly and consistently demonstrates commitment to company values and guiding principles

Proficient with Microsoft Word, Excel, PowerPoint and Outlook