Bachelor’s Degree or equivalent experience in Finance, Accounting, or a related discipline
Generally 7+ years of related experience
Progression toward certification in area of expertise preferred (e.g., Associate in Surety and Fidelity Bonding (AFSB), Certified Public Accountant (CPA), and/or Registered Professional Liability Underwriter (RPLU))
Responsibilities
Has responsibility for low to moderately complex risk selection/rejection, pricing, retention, growth, and profitability within scope of authority and per divisional objectives
Uses independent judgment and initiative to support business goals
Maintains a high level of customer service
Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.)
Prices business in accordance with company guidelines
May conduct investigations of new and existing accounts through business owners (banks, owners, creditors, debtors, architects, engineers, criminal record checks, on-site visits, etc.)
Assesses risk quality and compliance within company guidelines
Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements, and underwriting surveys
Makes recommendations on risks over authority
Enters, maintains and monitors accounts using underwriting, analysis, and desktop systems
Prepares effective internal and external communications on underwriting issues
Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business
Visits producers and principals in order to retain existing accounts, build and maintain business relationships, and develop new opportunities in support of divisional objectives
Interprets, explains, and markets products and services
Visits producers/insureds in order to retain existing accounts, survey exposures, build and maintain business relationships, and develop new opportunities in support of divisional objectives
Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations
May provide guidance and assistance to lower level associates
May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports