Mutual of Enumclaw · 1 day ago
Commercial Lines Executive Underwriter
United States
Full-time
Remote
Senior Level, Lead/Staff
$110K/yr - $151K/yr
10+ years exp
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Responsibilities
Review and assess medium to large-size risks of higher complexity.
Anticipate and identify moderately complex underwriting and marketing problems, thoroughly analyze available information, and make timely, practical decisions.
When presented with limited information on an account, instinctively know the key questions to ask to understand the complete scope of operations and needed controls
Manage underwriting and submission flow for the assigned agency.
Document the underwriting file as required to verify that the account complies with our underwriting guidelines and meets regulatory and underwriting quality standards.
Proactively collaborate with sales and marketing to generate submissions in line with our appetite.
Partner with the regional sales manager to develop, implement, and execute agency business plans.
Communicate with Agents and/or policyholders as appropriate to gather information missing from documents and/or reports, convey the status of applications for new business or endorsements, and strive to preserve the integrity of business relationships.
Lead agency meetings and training sessions.
Use consultative sales skills to successfully negotiate prices, terms, and conditions for new and/or renewal business with our agency partners.
Consistently seek market insight and use internal and external knowledge to inform business decisions.
Actively participates in agency functions and industry events.
Evaluate natural catastrophe exposures utilizing available modeling tools to confirm compliance with our underwriting standards.
Determine if facultative reinsurance is required, and secure placement within your authority.
Collaborate with Underwriting and IT staff to participate in strategic initiatives, data conversion, acceptance testing and to provide quality assurance support for the systems development.
Identify, innovate, and suggest new procedures, and/or opportunities to streamline Department processing and record-keeping systems and practices.
Contribute to developing and executing underwriting strategies for the department.
Assists with training and mentoring of less experienced associates when appropriate, often sought out as an industry expert.
Review and approve underwriting referrals within the authority.
Qualification
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Required
10+ years of underwriting or related business experience required.
Bachelor's or an Associate's degree, or a High School diploma with relevant business experience.
Demonstrate a strong understanding of the local marketplace and insurance industry trends.
Thoroughly understand organizational, and regulatory rules, policies, and procedures and effectively employ that knowledge in day-to-day work.
Exhibit curiosity by asking questions, being investigative, and probing.
Demonstrate a sense of urgency and reliability.
Exhibit teamwork and collaborates well with others.
Communicate clearly and professionally, both verbally and in writing.
Utilizes the necessary tools and resources to appropriately analyze and price each risk.
Provide excellent service to internal or external clients.
Challenge the status quo and make recommendations for enhancements.
Ability to function well in a high-paced environment.
Utilize data to make informed decisions and clearly communicate the reason for the decision.
Highly experienced with Microsoft Office Suite and related software.
Knowledge of reinsurance treaties and their impact on our business.
Take ownership and responsibility for actions and outcomes by analyzing performance to plan and implement actions to address gaps.
Fully proficient in task, assignment, problem-solving, and project coordination, execution, collaboration, and leadership skills.
Demonstrated ability to establish, maintain and grow relationships with agency partners.
Specialized underwriting expertise in a given line(s) of business and/or market segment(s).
In-depth knowledge of underwriting practices, highly proficient analytical and business management skills, and a track record of successful results.
In-depth familiarity with contracts, legal requirements, and insurance regulations pertaining to Company lines of business and products.
Familiarity with business process improvement, navigation, troubleshooting, and problem-solving.
Preferred
Insurance industry designation(s) and certification(s) preferred.
Company
Mutual of Enumclaw
Thoughtful is more than a word—it’s the foundation of everything we do, and it defines our company culture.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Shane Kim
Director
Recent News
2024-01-10
PropertyCasualty360
2023-12-24
Company data provided by crunchbase
