Note: this position will work full-time in the BrickStreet South & Mid-Atlantic regional office in Charlotte, North Carolina.
The Underwriting Representative within designated authority utilizes basic underwriting techniques to evaluate and price new business and renewal applications in order to determine acceptability in accordance with corporate guidelines and standards. The Underwriting Representative will also process endorsements, audits and other policy transactions and refers them to a staff member with a higher authority level when appropriate. This position’s objective is to support the team goals of writing profitable new business and retaining profitable renewals.
The items listed are essential functions of the position unless otherwise stated
Perform routine selection, evaluation, and pricing of the least complex risks, following established procedures.
Review basic new and renewal business requests and determines acceptability, using appropriate BrickStreet, NCCI, state specific and industry rules, policies, procedures, guidelines, etc.
Perform new business set-up and rating, including obtaining additional information needed to develop a new business quote and/or proposal.
Issue and assemble policies. Effectively utilizes NCCI rules and guidance to ensure proper policy construction.
Process endorsements, cancellations, declinations, and reissues of policies, following appropriate rules, policies, procedures and guidelines.
Field routine agency service requests, referring more complex issues to the team’s mentoring underwriter and/or Business Director.
Ensure accurate and timely servicing of accounts.
Non-essential function: may provide assistance and/or training to others.
Non-essential function: other duties as assigned.
Critical thinking: Ability to assess an individual situation and select applicable alternatives from an array of options, resulting in the most appropriate and sustainable decision.
Working knowledge of the state specific Workers’ Compensation laws and rules and their application to the book of business.
Working knowledge of underwriting principles and practices, risk selection and classification.
Working knowledge of the operational policies and procedures.
Ability to multi-task several assignments simultaneously while meeting established guidelines.
Results-oriented with strong decision-making, analytical and problem solving skills.
Ability to work effectively within a team environment.
Ability to adjust priorities based on changing situations.
Ability to communicate effectively.
Ability to establish and maintain effective working relationships with others to achieve objectives.
Proficient in Excel.
High school diploma required.
Two years full-time or equivalent part-time experience in a professional business or insurance environment required.
Two years of successful college matriculation (minimum of 48 hours) preferred.
Bachelor’s Degree from an accredited college or university is preferred and may substitute for experience.
Preference may be shown to applicants who have previous workers’ compensation underwriting experience.
If applicable, Property and Casualty Producer’s License must be obtained within 3 months of hire date.
Applications must be received by 5 PM Monday, February 17, 2014.