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EMC Insurance Companies · 3 days ago

Senior Commercial Underwriter

Idaho, United States

Full-time

Hybrid

Mid, Senior Level

$84K/yr - $127K/yr

5+ years exp

EMC Insurance Companies is focused on collaboration and making an impact in the insurance industry. The Senior Commercial Underwriter will manage a profitable book of business, evaluate complex accounts, and foster strong agency relationships while ensuring high-quality underwriting practices.

Financial ServicesInsurance

Responsibilities

Selects, grows and maintains a profitable book of business for assigned high-volume territory with a high level of underwriting authority

Evaluates highly complex accounts, such as different business operations, multiple lines of business or special pricing requirements, for risk selection and pricing purposes

Analyzes exposure, company and branch risk appetite, account premium and loss history, financial data, line(s) of business, price guidance, motor vehicle records, online sources of information, reports from premium audit or risk improvement and other relevant information to underwrite policies

Offers appropriate coverage for exposures

Maintains proper file documentation in connection with accounts

Develops and fosters agency relationships

Educates agents on EMC products, underwriting appetite, systems and services. Visits agencies to discuss accounts and provide agents with updates at EMC in order to maximize opportunities

Communicates with agents proactively and anticipates agents and insureds’ needs

Identifies opportunities and potential barriers within agency relationships

Collaborates with marketing representatives to ensure agents receive superior customer experiences and select EMC as their insurer of choice

Effectively explains decisions to accept or reject a risk to agents

Coordinates with marketing and branch management in the agency planning and review processes

Monitors progress of assigned agents and guides agents in achieving annual goals

Seeks feedback from agents and takes action to improve their experience and grow strong books of business

Researches industry changes, competition, target markets and new products, and recommends strategies to branch management

Serves as a mentor for less experienced underwriters

Answers questions, shares recommendations for complex situations, such as difficult accounts, communication strategies or problematic agency relationships and explains the rationale for recommendations

Supports underwriting management through reviewing work of less experienced underwriters and providing training

Serves as subject matter expert for the branch on less common product offerings and classes of business offered at the branch

Administers and assists with loss sensitive and other alternative rating plans as necessary

Qualification

Commercial lines underwritingRisk analysisInsurance designationsCustomer serviceLeadership qualitiesMicrosoft OfficeWork with othersProblem-solving skillsWritten communicationVerbal communicationPresentation skillsWork independently