Working at Fundamental Underwriters is more than a job. It's a career at one of the most dynamic, innovative, and successful insurance companies in the nation. In fact, we've been named a Best Place to Work in Insurance by Business Insurance magazine multiple years in a row.
With career opportunities available in many disciplines at locations across the country, we're always looking to grow our exceptional workforce.
In conjunction with the Underwriter, reviews, analyzes, approves, or rejects complex business. Serve as liaison with company personnel regarding company business opportunities and problem resolution. Responsible for providing temporary assistance to field Underwriter and providing input when requested as part of the territories or regions overall agency plan.
RESPONSIBILITIES / TASKS:
Assist the Underwriter in the calculation, preparation and development of premium quotations using corporate underwriting guidelines
Assist the Underwriter in determining the underwriting eligibility for prospective policyholders and developing appropriate pricing for new business, renewals, and endorsements
Supports agency relationships
Supports agency plans in cooperation with other staff
Addresses agents' and policyholders' concerns/needs
Assist the Underwriter in developing new business and retention of existing business in a given territory or region
Explains and emphasizes benefit of commercial auto insurance products and services to customers (agents and policyholders)
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
Participates in promotional plans for both Fundamental Underwriters and agent activities
Analyzes and reviews production and loss information for agents
Prepares periodic reports as requested
Research and coordinates responses to agents, policyholders and regulatory entities
Assist the Underwriter with analyzing agency performance and develop corrective action plans as needed to correct poor performance
Assist the Underwriter in analyzing accounts to determine exposure and proper pricing
Gathers competitive and product information from the field
Assist in the training of agency employees on the use of company specific automation systems
Assist the Underwriter in reviewing loss trends and developing 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.
EMPLOYMENT QUALIFICATIONS
EDUCATION: 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. Certification, or progress toward, highly preferred and encouraged.
EXPERIENCE: 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 completion of the trainee program.
SKILLS/KNOWLEDGE/ABILITIES REQUIRED:
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 commercial automobile 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 commercial auto and the independent agency system
Ability to apply creative and persuasive techniques to 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 support workload
Ability to perform other assignments at locations outside the office
Ability to support agency relationships and to assist and support sound underwriting decisions
Knowledge of appropriate jurisdictional commercial auto laws
Ability to calculate expected pricing for agents and policyholders
Ability to analyze territory or region in order to identify problems and take the appropriate corrective action
Ability to comprehend the consequences of various problem situations and address them or refer them for appropriate decision making
Ability to effectively exchange information clearly and concisely, and present ideas, reports, facts and other information, and respond to questions as appropriate
Ability to analyze and solve practical problems which deal with a variety of variables
Ability to make and implement competent, independent decisions and to build consensus
Ability to understand and implement audit procedures and processes for agencies
WORKING CONDITIONS:
Work is performed in a home office remote setting and with occasional travel to the office. Minimal travel is required with occasional overnight stays. May be required to lift and carry computer equipment and other marketing promotional items weighing up to 35 lbs.
The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description.
Pay Range - Actual compensation decision relies on the consideration of internal equity, candidate's skills and professional experience, geographic location, market, and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $51,700 and $86,600.
We are an Equal Opportunity Employer. Diversity is valued and we will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an \"at will\" basis. Nothing herein is intended to create a contract.