Commercial Lines Associate Underwriter New Business

Michigan Millers - Lansing, MI (30+ days ago)

Michigan Millers has an opening for a Commercial Lines Associate Underwriter New Business

This position is responsible for supporting our Agents/Underwriters/Production Underwriters by preparing information, processing inquiries, issuing policies within individual and team authorities, communicating with internal and external sources, and providing system entry for Commercial Lines New Business prospects and accounts..

Relying on instructions, pre-established guidelines, and experience, the New Business Specialist is responsible for the following:

Being Customer focused and working with the Commercial Lines Underwriting teams to support all new business endeavors in the states of Michigan and New York.
Making decisions and recommendations for varied situations, applying judgment to interpret related information, policies, and procedures.
Applying knowledge to help solve problems of relatively limited scope and complexity, recommend solutions when outside of authority level.
Cultivating relationships with internal and external contacts to facilitate the underwriting process, promote business development and remain abreast of industry trends.
Assisting in evaluating policy applications and related documents to classify and assess each risk, determine acceptability, assign rating, helping to identify endorsements, limits, and appropriate pricing.
Contacting and responding to verbal and written inquiries within designated timeframe to provide appropriate information and serve as an underwriting resource.
Creating and maintaining all documentation (physical and electronic) including newly bound files, underwriting worksheets, synopses of phone conversations and other key correspondence according to departmental guidelines.
Adhering to all company underwriting authority directives, guidelines, and other applicable company policies and procedures.
Developing an understanding of various factors that affect and influence policy rating and risk.
Possessing the ability to follow processes with attention to detail; knowledge of industry practices, standards, and underwriting concepts; effective oral and written communication; ability to multitask and solve basic problems.
Being organized and able to meet deadlines; possess time management, negotiation and relationship building skills.
Becoming proficient in the use of various core systems, office and computer equipment and software packages.
The successful candidate will possess a vibrant personality, excellent communication skills, capacity to understand insurance concepts, and drive to succeed in a team environment. He or she should possess a Bachelor's degree or equivalent from a four-year college or technical school; six months to one year related experience or training; or equivalent combination of education and experience.