West Bend Insurance Company · 1 month ago
Underwriter I
United States
Full-time
Remote
Senior Level
$75K/yr - $94K/yr
5+ years expWest Bend Insurance Company is recognized as a top workplace and is committed to fostering a welcoming culture. They are seeking an Underwriter I to join their Commercial Lines Underwriting team, focusing on meeting agency profitability and production objectives by underwriting new commercial business and supporting agency performance.
FinanceFinancial Services
Responsibilities
Meet agency profitability and production objectives for an assigned group of agencies by underwriting new commercial business, renewal policies and policy endorsements
Understand and evaluate exposures related to individual risks through continued mentoring involvement
Integrate these functions within the workflow of a Commercial Underwriter
Assist in the analysis of individual agency and book of business results to determine if any corrective actions are needed
Support the Commercial Enterprise Division and the Regional Sales Manager in identifying corrective measures needed to assure an underwriting profit
Help in establishing specific action plans where needed and assist in communicating these effectively with agents
Assist the Regional Sales Manager in developing written premium goals at an agency and book of business level
Support achievement of these goals by promoting the benefits of our product line to agencies by personal visits, regular telephone contact and appropriate promotional mailings
Provide territory performance reports and action plans to leadership as needed
Participate in agency meetings, events and with loss control representatives during service calls and prospect service
Participate and/or lead practice group, coordinate and document meetings
May maintain and develop customized reports for loss control representatives to share with accounts
Communicate effectively with agencies in the development of underwriting and exposure information and supports attainment of written premium goals by providing exceptional service
Act as a source of reference for underwriting support staff, assistant underwriters, associate underwriters and others
Provide guidance and mentoring support to underwriter I and/or II as needed
Qualification
Required
Meet agency profitability and production objectives for an assigned group of agencies by underwriting new commercial business, renewal policies and policy endorsements
Understand and evaluate exposures related to individual risks through continued mentoring involvement
Integrate these functions within the workflow of a Commercial Underwriter
Assist in the analysis of individual agency and book of business results to determine if any corrective actions are needed
Support the Commercial Enterprise Division and the Regional Sales Manager in identifying corrective measures needed to assure an underwriting profit
Help in establishing specific action plans where needed and assist in communicating these effectively with agents
Assist the Regional Sales Manager in developing written premium goals at an agency and book of business level
Support achievement of these goals by promoting the benefits of our product line to agencies by personal visits, regular telephone contact and appropriate promotional mailings
Provide territory performance reports and action plans to leadership as needed
Participate in agency meetings, events and with loss control representatives during service calls and prospect service
Participate and/or lead practice group, coordinate and document meetings
May maintain and develop customized reports for loss control representatives to share with accounts
Communicate effectively with agencies in the development of underwriting and exposure information and supports attainment of written premium goals by providing exceptional service
Act as a source of reference for underwriting support staff, assistant underwriters, associate underwriters and others
Provide guidance and mentoring support to underwriter I and/or II as needed
Preferred
Five years of experience in commercial transportation underwriting
Analytical skills and attention to detail
Oral and written communication skills
Organizational skills
Interpersonal skills
Mentoring skills
Bachelor's degree in Business, Insurance or related field
Completion of Associate in Underwriting program and CPCU coursework
Benefits
Medical & Prescription Insurance
Health Savings Account
Dental Insurance
Vision Insurance
Short and Long Term Disability
Flexible Spending Accounts
Life and Accidental Death & Disability
Accident and Critical Illness Insurance
Employee Assistance Program
401(k) Plan with Company Match
Pet Insurance
Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire. Enhanced PTO may be available for experienced candidates
Bonus eligible based on performance
West Bend will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act for Colorado employees, in accordance with its plans and policies.
Company
West Bend Insurance Company
For more than 130 years, West Bend has been a trusted provider of insurance products, serving the diverse needs of business, home, and automobile owners.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Dave Ertmer
Sr. Vice President & Chief Operating Officer
Company data provided by crunchbase