This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/11837247 Fundamental
Underwriters is an insurance carrier with expertise in specialty auto
insurance. We offer competitive pricing, coverage and partnership you
need to keep your operation in motion. We deliver individual
underwriting solutions, consultative loss control programs and rapid
claims resolutions for risks with superior safety cultures.
Working at Fundamental Underwriters is more than a job. It\'s a career
at one of the most dynamic, innovative, and successful insurance
companies in the nation. In fact, we\'ve been named a Best Place to Work
in Insurance by Business Insurance magazine multiple years in a row.
This highly specialized client facing position is responsible for agency
marketing, risk selection, underwriting, pricing, cross-sell initiatives
with AF Group brands. Initially this position will gain and service new
business as well as help develop required forms which is critical as we
build out the unit. This position will work independently with limited
supervision.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Vetting of submissions - New and renewal business. Includes
analyzing the risk, loss runs, exposures, terms, profit, and loss
statements, emails, and calls with the brokers.
- Pricing tool and Quote / Binder workbook - completing the pricing
tool and pricing of the accounts.
- Preparing quotes & binders to release to brokers. Figure out proper
terms and exclusions that are unique to each account. Full
negotiations with brokers and/or agents.
- Referrals to management - written referral regarding a risk outside
of underwriters\' authority.
- Marketing - Brokers/Agency in person and virtual visits.
- Endorsements - working with internal and external partners to make
sure the proper endorsements are handled within guidelines.
- Work with corporate underwriting on writing and approval of
manuscript endorsements
- Cultivate existing and new relationships to support the goals of the
business unit.
- Coordinate special projects as assigned.
- Maintain underwriting files and documentation to support the
underwriting thought process.
- Assist the management team with mentoring, training, and development
of other team partners.
- Serve as technical expert.
Other duties may be assigned.
EDUCATION AND EXPERIENCE
Relevant combination of education and experience may be considered in
lieu of degree.
- Bachelor\'s degree preferred. Additional insurance certifications or
designations are also preferred.
- A minimum of eight years\' experience required.
- Experience in underwriting with an insurance organization with
demonstrated technical knowledge in one or more of the following
areas: underwriting, marketing, loss prevention or similar knowledge
that provides the necessary skills and abilities in the role.
- State licenses may be required.
- Continuous learning required, as defined by the Company\'s learning
philosophy.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform
each essential duty satisfactorily. The requirements listed below are
representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.
OTHER SKILLS AND ABILITIES
- Demonstrate superior judgment and analytical abilities to analyze
risks and identify corrective action.
- Strong relationship management skills.
- Ability to work independently.
- Ability to work in a fast-paced environment while handling multiple
tasks.
- Ability to take a lead role and/or assist in training and mentoring
of others.
- Values the ability to work in a team friendly work environment.
- Thorough knowledge of the marketplace, departmental procedures,
processes, and workflow.
- Ability to understand business needs and conceptualize and implement
processes and procedures that support business strategies.
- Demonstrate ability to communicate our value proposition to the
brokerage community.
- Ability to understand market trends, loss development and be able to
deliver a tough message when needed.
- Demonstrate leadership abilities.
ADDITIONAL INFORMATION
The above statements are intended to describe the general nature and
level of work being performed by people assigned to this classification.
They are not intended to be construed as an exhaustive list of all
responsibilities, duties and skills required of personnel so classified.
This job description does not constitute a contract for employment.
WORKING CONDITIONS:
Work is performed both in a home office and in the field with minimal
hazards. Travel is required with occasional overnight stays. May be
required to lift and carry computer equipment and other marketing
promotional items weighing up to 35 lbs. Relocation may be necessary.
Must possess a valid driver\'s