Middle Market Underwriter - Multiline
Job in
Indiana, Indiana County, Pennsylvania, 15705, USA
Listing for:
Encova Insurance
Full Time
position
Listed on 2026-01-25
Job specializations:
-
Insurance
Underwriter, Insurance Analyst, Insurance Claims, Insurance Risk / Loss Control
Salary/Wage Range or Industry Benchmark: 35000 - 75000 USD Yearly
USD
35000.00
75000.00
YEAR
Job Description & How to Apply Below
Location: IndianaSalary range: $69,152.00 - $ annually + bonus + benefits.
Pay Type:
Salary
The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we'll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process.
Ideal candidates will reside in Kentucky, Indiana or Ohio and have underwriting experience with Package Lines and Workers' Compensation. We will also consider candidates who live in any of our listed payroll approved states that have the necessary underwriting experience. This role will underwrite accounts averaging between $35k - $75k.
We may hire a senior level depending on candidate qualifications. (Compensation shown is inclusive of the non-senior and senior level)
This role will report to a Regional Vice President, Commercial Lines.
Job Objective
The middle market underwriter reviews risks, determines acceptability, and successfully writes profitable business accounts. Within designated authority, reviews insurance applications to evaluate, classify and rate each risk to determine acceptability, coverage and pricing. Responsible for the financial performance of the assigned book of business and is expected to achieve profitable retention and new business growth. Focused on taking action to achieve results that positively impact sales and profitability while ensuring excellent customer service and timely responsiveness to independent agents for their commercial lines accounts.
Essential
Functions
Determine the acceptability, quality, pricing, profitability and opportunity for new and existing business.Complete thorough risk analysis on designated accounts using appropriate Encova, NCCI, ISO and industry rules, policies, procedures, and guidelines, etc.Identify, create and initiate new business opportunities within current book of business and assigned agencies.Gather and analyze information necessary to make an accurate evaluation of risk.Accept or reject commercial lines accounts that fall outside of straight through processing rules through exposure identification and risk analysis, including:- understanding all exposures that might cause a policy to incur losses;
- conservatively assessing the likelihood of any exposure actually causing a loss and the probable cost if it does;
- setting a premium that, on average, would deliver a profit after both prospective loss costs and operating expenses are covered;
- be willing to walk away if the appropriate premium cannot be obtained.
Apply discretionary pricing appropriately based on risk exposures, risk quality, loss potential, pricing model indications and your letter of authority.Determine acceptability of revision requests that fall outside straight through processing rules and communicate how the revision will be handled to the Associate Underwriter.Communicate all underwriting decisions or changes on coverage, limits, exposures and/or pricing, discussing alternatives with assigned agents as needed.Promote effective agency relationships and encourage continued use of our company products and technology.Provide support to appointed agents by serving as a resource for underwriting questions.Utilizes Encova systems to transact requests and endorsements.Utilize available resources including company underwriting guidelines, business unit strategies, and consultations with others to ensure adequate understanding of risk exposures.Prepare proposals to producers, including negotiation of terms and conditions.Ensure the proper issuance of policies, certificates, filings and notifications.Seek the guidance of management on risks exceeding assigned authority levels.Effectively utilize industry rules and guidance to ensure proper policy construction.Identify underwriting issues; recommend and develop plans for problem resolution and implement them where appropriate.Manage existing and prospective accounts by actively participating in account renewals, new business presentations as needed and discussion with agents.Participate in monitoring and analyzing growth and profitability of assigned agents; initiate actions and understand downstream impact of alternatives.Mentor entry-level underwriters and trainees to achieve profitable retention, growth and customer service standards.Serve as a resource for other team members and units.Other Functions
Maintain an awareness of the current objectives and initiatives of Encova Insurance.Maintain an understanding of all products offered by Encova Insurance and be able to guide agents to the appropriate contact for needs outside of commercial lines.Travel to various locations to support business objectives when necessary.Perform other duties as assigned.Knowledge,
Skills and Abilities- Minimum 2 years of commercial lines underwriting experience in package lines and/or worker’s compensation in the Property and Casualty insurance market…
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