Berkshire Hathaway Homestate Companies - Workers Compensation Division ยท 10 hours ago
Underwriter 1 (Trainee/Workers Compensation)
Berkshire Hathaway Homestate Companies is a national insurance group with a commitment to financial strength and integrity. The Underwriter 1 will complete training in underwriting concepts and assist in evaluating new and renewal business, ensuring accuracy and providing excellent 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
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
To perform this job successfully, the individual should be proficient on the Microsoft Office Suite and able to quickly master proprietary and vended software applications
Company
Berkshire Hathaway Homestate Companies - Workers Compensation Division
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.
Funding
Current Stage
Late StageLeadership Team
Recent News
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