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Berkshire Hathaway Homestate Companies - Workers Compensation Division · 12 hours ago

Underwriter 1 (Entry Level/Workers Compensation)

San Francisco, CA

Full-time

Hybrid

New Grad, Entry Level

$34.62/hr - $34.62/hr

Berkshire Hathaway Homestate Companies is a national insurance group with over 50 years of experience, focusing on relationships and integrity. The Underwriter 1 role is an entry-level position responsible for applying underwriting concepts and best practices to evaluate new and renewal business, while assisting senior members in developing agency relationships and ensuring superb customer service.

Financial ServicesInsurance

Responsibilities

Successfully completes the Underwriting training curriculum, introducing workers compensation law, rating and pricing regulations, negotiation techniques, and service standards

Reviews applications for insurance coverage proficiently, ensuring applicable information is accurate and complete for pricing determination. Works with the Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required

Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy. Communicates pricing within a predetermined authority level to brokers and producers using industry standards and proprietary software and databases. Ensures profitability and new business goals are met

Makes prompt, sound decisions on issues that arise in submissions based on the best information available. Properly escalates issues timely to Supervisor

Coordinates with Underwriting Support Specialists to bind agreed upon policies. Prepares Loss Control requests for appropriate accounts

Communicates effectively with external clientele and internal resource partners telephonically, via electronic correspondence and if appropriate, in the field. Contributes to productive agency relationships and client retention. Ensures deadlines are met and prompt response is provided

Accompanies other Underwriters and Marketing Managers to agency visits aimed at learning and promoting improved agency relationships

Performs special assignments and projects as assigned

Qualification

Underwriting conceptsWorkers compensation lawMicrosoft Office SuiteMathematical conceptsAnalytical skillsCommunication skillsProblem-solving skills

Required

Bachelor's degree from an accredited college or university is required

Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations

Able to write detailed reports, business correspondence and procedure manuals

Able to effectively present information to management and public groups

Able to work with mathematical concepts such as probability and statistical inference

Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations

Able to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form

Able to deal with problems involving several concrete variables in standardized situations

Proficient on the Microsoft Office Suite and able to quickly master proprietary and vended software applications

Company

Berkshire Hathaway Homestate Companies - Workers Compensation Division

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Financial Strength and Integrity With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast.

Founded in 1970