Position Summary
The Associate Underwriter will be responsible for underwriting, approving, and issuing policies with limited authority levels for a limited number of lines of business. The position will work under close review with the other staff Underwriters to meet loss ratio, written premium and service objectives. The Associate Underwriter will make judgments based on common sense, understanding and reasoning to analyze and evaluate business for recommended action within the assigned authority levels on an individual policy basis.
Primary Responsibilities
- Review new business applications, renewal policies, policy endorsements for accuracy and completeness
- Refers policies based on specific underwriting criteria and guidelines by utilizing investigative reports and other documents in the underwriting process (Reports include MVR, CLUE, Insurance Score, Property Inspections, Replacement Cost Calculations, others)
- Identify risks with adverse exposures
- Task new business policies and endorsement requests to underwriting team
- Process cancellations/non-renewals within assigned authority levels
- Provides written and/or oral communication to agents specific to individual policies
- Other duties as assigned
Minimum Qualifications
- Two-year college degree and two years of insurance related experience, four-year college degree or insurance designation, or 4 years of insurance related experience
- Strong PC skills including Microsoft Office
- Excellent interpersonal skills
- Strong organizational skills
- Multi-task oriented
- Detail oriented
- Ability to work individually and in a team environment
- Ability to create positive and collaborative working relationships
- Complete required testing to advance
- Excellent written and verbal skills
Working conditions
This position may be performed at the company headquarters in a traditional office environment full-time or a hybrid schedule of part-time at the company headquarters and part-time at one’s remote office. This role routinely uses standard office equipment such as computers, phones, printers, and filing cabinets.
Physical requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. This position is regularly required to talk or hear over the phone or in a face-to-face conversation. This position will frequently be required to stand, walk, use hand to finger, handle or feel, and reach with hands and arms. This position also requires the ability to lift up to 25 lbs. occasionally.
Direct reports
None
Note
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety to themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship. Duties, responsibilities, and activities may change at any time with or without notice.
Equal Employment Opportunity Statement
Wayne Mutual Insurance Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Vision insurance
- Volunteer time off
Application Question(s):
- What are your salary expectations?
- Would you have any issues/concerns completing a background and a hair follicle drug test if an offer would be extended to you?
Education:
Experience:
- property and casualty insurance: 2 years (Preferred)
Ability to Commute:
- Wooster, OH 44691 (Required)
Work Location: Hybrid remote in Wooster, OH 44691
