Personal Lines Underwriter- Fremont Insurance

It’s a great time to join AAA The Auto Club Group! 

JOIN THE TEAM COMMITTED TO DRIVING YOUR CAREER FORWARD

Job Type:

Full time

 

Exempt/Non Exempt:

 

Hourly

Job Description:

 

*Currently accepting applications from residents of Michigan

This position is currently able to work remotely from a home office location for day-to-day operations unless occasional travel for meetings, collaborative activities, or team building activities is specified by leadership. This is subject to change based on amendments and/or modifications to the ACG Flex Work policy.

Personal Line Underwriter- Fremont Insurance

What will you do:

Works under minimal supervision with an intermediate-level approval authority to review, accept, reject or modify new and renewal business for moderately complex to complex Personal Lines policies while ensuring a profitable personal book of business.   Reviews risk acceptability to make objective decisions based on underwriting guidelines; ensuring standards for state compliance regulations are met.   Uses creativity and underwriting knowledge to manage risks and retain business.    Refers the most complex or higher level coverage reviews to senior staff or Supervisor.

Builds and maintains on-going relationships with agents with the goals of: educating agents on underwriting philosophy, providing updates on changes to products, services, processes and procedures, communicating compliance related concerns and discussing quality of submissions.  Activities include: receiving inbound calls from agents, making outbound calls to agents and traveling to agent offices Reviews loss ratios and growth for agents when evaluating and making agency exceptions.  Works with agents to correct errors.   May change deductibles, increase premiums, cancel policies or recommend that an agent receive additional training or counseling when necessary.  Reports non-compliant or unethical agent behavior.

Partners with Agency Performance Management team and Territory Managers to identify trends and patterns that might create problems.  Collaborates with underwriting operations, sales, claims, and other business units to make recommendations regarding products, systems and performance as appropriate. 

May assist in the training/mentoring of less experienced staff.  May participate in special project teams and department initiatives.

Supervisory Responsibilities:

None

How you will benefit:

• Our Personal Line Underwriter will earn a competitive rate of $24.93- $33.24 per hour with annual bonus potential based on performance.

• Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include:

  • 401k Match

  • Medical

  • Dental

  • Vision

  • PTO

  • Paid Holidays

  • Tuition Reimbursement

Required Qualifications (these are the minimum requirements to qualify)

Education (include minimum education and any licensing/certifications):

• College level coursework in Business Administration or a related field, or equivalent work experience

Experience:

• Working in an underwriting or sales environment to include independent agencies
• Analyzing, problem solving and making sound decisions
• Negotiating and resolving conflict
• Demonstrating proficiency  with Microsoft Office software applications

Knowledge of:

• Underwriting policies, procedures and practices
• Property and casualty insurance terminology, contracts and forms
• State insurance regulations and practices
• Inspection techniques related to property and casualty insurance
• Insurance processing systems (i.e., IPM, Sales & Service Portal, PCMS or similar)
• Quantitative measurements (loss ratio, production and profitability)
• Fair Credit Reporting Act as it relates to insurance

Ability to:

• Evaluate, accept, modify, reject or cancel personal lines risks in accordance with the underwriting guidelines
• Evaluate third party documentation to determine the level of risk to which the Company will be  exposed
• Make exceptions to guidelines where appropriate without risking the Company’s profitability or violating compliance regulations        
• Build, maintain and manage producer and customer relationships
• Collaborate and communicate effectively both verbally and in writing with key business partners