Berkshire Hathaway Homestate Companies - Workers Compensation Division · 9 hours ago
Underwriter 1 (Trainee/Workers Compensation)
Clayton, MO
Full-time
Hybrid
New Grad, Entry Level
$28.37/hr - $28.37/hrBerkshire Hathaway Homestate Companies, Workers Compensation Division, is seeking an Underwriter Trainee to join their Clayton, Missouri team. The role involves completing an Underwriting Training Program and applying basic underwriting concepts to evaluate new and renewal business while aiding senior members in maintaining agency relationships.
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 solve practical problems and deal with a variety of variables in situations where only limited standardization exists
Able to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations
Ability to work with mathematical concepts such as probability and statistical inference
Proficient in Microsoft Office Suite of applications and able to become adept with proprietary and vended software applications
Able to support and explain reasons for decisions and identify items requiring additional information or action
Service Oriented
Strong interpersonal and conflict resolution skills
Able to prepare clear written text on varying subject matter
Able to successfully build relationship and adapt communication style in various environments
Able to work at a quick pace while demonstrating accuracy, thoroughness, and adherence to processes
Benefits
Work From Home Flexibility (up to 2 days per week upon eligibility)
Paid Time Off
Paid Holidays
Retirements Savings - Immediate Vesting + Company Match
Group Health Insurance (Medical, Dental, and Vision)
Life and AD&D Insurance
Long Term Disability Insurance
Hospital Indemnity Insurance
Accident and Critical Illness Insurance
Flexible Savings Accounts
Paid Community Volunteer Day
Employee Assistance Program
Tuition Reimbursement Program
Employee Referral Program
Diversity, Equity and Inclusion Program
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.
Founded in 1970
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
A
Andy Linkhart
Chief Claims Officer and Chief Financial Officer
David Speights
Vice President of Analytics
Recent News
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