Personal Lines Underwriter - Remote in NYS

Current job opportunities are posted here as they become available.

Ideal candidate will reside in New York State. Valid driver’s license and ability to travel up to 25% of the time regularly
, more travel may be required as business needs dictate.

At Preferred, we understand the importance of holistic health. To meet the diverse needs of our employees, we offer a comprehensive set of benefits:

• Short-term disability, long-term disability, and life insurance coverage are provided at no cost
• Optional benefits include enhanced life insurance and critical illness plans
• 401k plan with an employer contribution that you will receive regardless of your own contribution to the plan
• Student Loan Repayment Assistance
• A short-term incentive plan for all employees

Social

• Generous paid time off, offering of 25 days at hire (prorated based on start date for the first year)
• 7 days of paid sick leave
• 10 paid company holidays
• Personalized paid time off after 3 years!

Emotional

• Access to 26 sessions with a Better Help therapist each year for you and up to 5 dependents, as well as access to all of Better Help’s group and digital resources
• Access to Family First, a team of care experts who can provide you and your loved ones 1:1 assistance with a variety of caregiving solutions, from elder care to legal and financial challenges, insurance and Medicare navigation, and more!

Physical

• Medical, dental, and vision coverage options begin on the first day of employment
• Health Savings Accounts (with a generous employer contribution!)

YOUR PURPOSE AND FUNCTION IN OUR COMPANY:

Underwriters are responsible for driving profitable growth of the business unit by underwriting new/renewal policies within assigned authority, and building and maintaining strong agency relationships, partnering with agency staff and Territory Managers. Typically, new business underwriters are more sales oriented, while renewal underwriters are more analytical. The UW should work closely with all Underwriting and Business Services staff, following established workflows, to ensure all policies are underwritten in the most efficient and effective manner while meeting service standards and performance goals.

• Foster and maintain key agency relationships within an assigned agency base.
• Cultivate, review, and underwrite new and renewal policy accounts with assigned agents.
• Ensure proper classification and pricing of individual risks, leveraging company models in addition to individual risk underwriting.
• Perform selection or rejection of insurance risks in accordance with company standards and procedures as outlined in underwriting guidelines.
• Apply sales and marketing techniques and efforts towards new business/renewal, meeting business and agency goals.
• Drive sales/growth within assigned Agency base, meeting production, retention, rate and profitability goals within the territory.
• Maintain external visibility with agency partners via a combination of in-person travel, virtual meetings, and proactive phone/email communications.
• Develop technical expertise in product offerings, forms, policy language, (including competitor offerings) etc.
• Develop an understanding of the agency review process, contributing to the development of tactics to achieve financial plans.
• Participate in the maintenance and updating of departmental procedures.
• Agency Management:
  Work with Territory Managers to recognize and analyze agency performance, working with management to make appropriate adjustments to drive increased growth and/or profitability.

KEY CAPABILITIES FOR SUCCESS - UNDERWRITER:

• Interpersonal effectiveness
  • Managing relationships
  • Customer focus
  • Collaborating
  • High-impact communication
  • Sustaining agency customer satisfaction
• Leadership impact
  • Energetic approach to the business / positive impact on team cohesiveness and morale
  • Leveraging feedback
  • Execution
  • Facilitating change
• Becoming a trusted business advisor
• Creating a service reputation
• Identifying sales opportunities in collaboration with Territory Manager
• Business management skills
  • Developing business acumen
  • Developing technical/professional knowledge and skills
  • Developing ability to make decisions independently
• Personal…