DEPARTMENT: UNDERWRITING
REPORTS TO: MIDWEST STATES SUPERVISOR
STATUS: EXEMPT
LOCATION: SPRINGFIELD, IL
REQUIREMENTS:
College degree preferred. Continuing education in the insurance field.
Three-four years commercial insurance experience in the workers’ compensation field.
Thorough technical knowledge of workers’ compensation underwriting and processing.
Ability to effectively communicate with independent agencies.
Working knowledge of computer programs such as Microsoft Word, Excel and Outlook.
JOB SUMMARY:
Analyze workers’ compensation submissions to determine acceptability, handle underwriting and processing of all transactions, new business, renewals, audits and endorsements. Ability to work within company guidelines and individual underwriting authority. Comprehensive knowledge of and the ability to effectively market the Company’s capabilities, services and competitive advantages. Understanding the insurance business environment. Maintain work within company service standards. Maintain a book of business with loss ratios, growth percentage, renewal retention and accuracy within company guidelines. Monitor results through agency profit and loss statements and other company reports as directed by management. Recommend action as necessary to achieve desired results.
SKILL AND ABILITY PROFILE:
This individual will possess excellent analytical skill, demonstrate good judgment and be able to support decisions made. Results oriented with the ability to review and direct to achieve desired results, while maintaining good relationships with agents. Good communication skills, both oral and written, effective negotiation skills, and the ability to research and gather all necessary data to make informed decisions are essential. Basic mathematical skill is required, and the ability to produce reports as needed. A desire to further career in insurance through continuing education is a must.
Position is located at the home office in Springfield, Illinois.
