Job Description

Integrity. Care. Trust. Compassion. Expertise.

Do these words resonate with you?

These values of Builders culture create success in all we do. We strive to provide deeply supportive partnerships to our customers, agents, and each other.

Builders is proud to be named among the Great Places to Work. Our award-winning culture has earned top marks in Company Direction, Employee Appreciation, Work-Life Balance, Leadership, and Compensation and Benefits. Our strong culture keeps us Built Strong in a forever-changing world, and our AM Best A Rating is evidence of our financial strength.

Position Summary

The Associate Underwriter analyzes, selects and prices risks that are acceptable to assigned insurance programs and underwrites policies for an assigned area of coverage.

Responsibilities

• Achieve profit and production targets among assigned agents.
• Assess risks as delegated, ensuring thorough review and approval within designated authority.
• Identify and meticulously analyze loss trends and historical data to determine risk-based profitability. Adhere to National Council on Compensation Insurance (NCCI) and Insurance Services Office (ISO) regulations when assessing and binding each risk.
• Review and address daily reports within authorized limits; adhere to departmental protocols when requesting Loss Control Reports.
• Generate quotations for agents and accurately input revised quotes into the computer system.
• Respond to inbound calls from agents, members, and prospects, offering insightful answers and resolving issues within the scope of technical expertise.
• Review monthly renewals for pricing adjustments or non-renewal based on historical data. Utilize technical expertise to recommend changes to accounts that have undergone Audit Specialists' review and are under evaluation by the underwriting team.
• Manage daily correspondence requiring technical evaluation with precision and attention to detail.
• Provide comprehensive training and coaching to underwriting assistants, taking the lead on assigned projects.
• Execute all tasks with accuracy and adherence to departmental guidelines.
• Contribute to and engage in initiatives aimed at process enhancement and cost efficiency.
• Perform other duties as assigned.

Qualifications

• Bachelor's degree in Insurance or related discipline or equivalent combination of education and/or experience
• Three or more years of property and casualty experience in Worker’s Compensation or General Liability product lines
• Insurance and/or Pictorial course work completion
• Knowledge of insurance concepts, standard practices and procedures in the underwriting discipline
• Skill in interpersonal interactions, with the ability to collaborate effectively with internal and external contacts; skill in customer service and problem-solving
• Capacity to work autonomously while ensuring transparent communication with internal leadership
• Skill in analysis, time management, prioritization, negotiation and project management; ability to multi-task effectively while paying attention to detail
• Proficient in both verbal and written communication with the ability to compose memos, correspondence, agreements, and other professional documents for all levels of recipients; ability and commitment to maintain confidentiality
• Proficient with Microsoft Office Suite and function specific software applications

Let’s talk benefits!

• Competitive Salary
• Bonus Structure
• Profit Sharing
• Medical, Dental, Vision Insurance
• Employer Paid Short Term Disability
• Employer Paid Long Term Disability
• Employer Paid Life Insurance
• Voluntary Life Insurance
• 401K with Company Match
• PTO

About Builders

Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best, Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind, collaborative, and customer-centric, our experienced and passionate teams foster a rewarding atmosphere of excellence, trust, and mutual respect, meriting the “Culture Excellence” honors from Top Workplaces. Flexible and highly personal, our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.

Our financial excellence, amazing people, and powerful partnerships build outstanding outcomes and peace of mind for our agents and their clients. This is what we mean by Insurance Built Strong®.

Builders Insurance Group is an Equal Opportunity Employer. We welcome applicants from all walks of life and don't discriminate based on any protected status. Join us in creating a diverse and inclusive workplace! If, during the application process you need assistance, or an accommodation due to a disability, please contact peopleops@bldrs.com.

Job Tags

Similar Jobs