Property and Casualty Underwriter

Property and Casualty Underwriter – Century Insurance Group

Reviews, analyzes, approves, or rejects complex business within letter of authority for Property and Casualty business. Serve as liaison with company personnel regarding company business opportunities and problem resolution. Provide input when requested as part of the overall agency plan.

• Calculates, prepares and develops premium quotations using corporate underwriting guidelines within letter of authority.
• Determines underwriting eligibility for prospective policyholders and develops appropriate pricing for new business, renewals, and endorsements.
• Analyzes and reviews prospective accounts for insurability and accepts or rejects within letter of authority.
• Conduct agents/brokers visitations, internal and external, to establish and maintain contacts and develop additional business.
• Supports agency relationships.
• Supports agency plans in cooperation with other staff.
• Addresses agents’ and policyholders’ concerns/needs.
• Develops new business and retention of existing business in a given territory or region.
• Works with all internal departments to resolve problems and maintain company relations.
• Participates as necessary on special committees and task forces.
• Interprets and develops territory reports which reflect the status of the territory.
• Analyzes and reviews production and loss information for agents.
• Prepares periodic reports as requested.
• Research and coordinate responses to agents and policyholder.
• Analyzes agency performance and develop corrective action plans as needed to correct poor performance.
• Analyze accounts to determine exposure and proper pricing.
• Gathers competitive and product information from the field.
• Responsible for profitability of territory.
• Train and mentor Underwriting Assistants as assigned.
• Reviews loss trends and develops action plans to correct problem areas.
• Supports schedule for large account service plans with claims, loss control, premium audit, and other departments as needed.
• Provides input for agency advisory council meetings.
• Assists in the development of regional goals.

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

• Bachelor’s degree in marketing, insurance or related field.
• Combinations of relevant education and experience in the following areas may be considered in lieu of a degree:
  Underwriting, marketing, loss prevention, and/or auditing.
• Continuous learning required, as defined by the Company’s learning philosophy.
• Pursuit of CPCU, CIC or other applicable designations preferred but not required.

• Business Development Associate:
  One-year of relevant experience which provides the necessary skills, knowledge and abilities is required.
• Agency management and marketing experience preferred or with proper education, successful.

• Ability to exercise good judgment in evaluating and determining the proper pricing for prospective policyholders using corporate underwriting guidelines by accepting or rejecting risks for the purposes of issuing workers’ compensation insurance coverage.
• Ability to initiate insurance transactions in compliance with all policies, procedures, legal and ethical guidelines.
• Ability to negotiate while establishing a personal rapport and maintaining an effective working and client relationship.
• Knowledge of Property and Casualty insurance and the independent agency system.
• Ability to apply creative and persuasive techniques to generate new, and maintain, existing business and ability to be creative when presented with unique situation.
• Ability and proficiency in the use of computers and company standard software.
• Strong interpersonal skills and ability to create and maintain mutually beneficial relationships.
• Ability to work with minimum supervision and balance demands of a field position by supporting agents while keeping current with underwriting workload.
• Ability to perform other assignments at locations outside the office.
• Ability to support agency…