Associate Underwriter – Package Lines

Encova Insurance

Columbus (OH)

On-site

USD 43,950 - 78,759

Full time

14 days+

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Benefits offered by this job

Health insurance

Life insurance

Bonus program

401(k) match

Paid Time Off

Flexible work arrangements

Job summary

Encova Insurance invites applications for an Associate Underwriter in Columbus, OH. The role evaluates and prices new business and renewals, processes policies, endorsements, and endorsements, and supports profitability and customer service. Reports to the Manager, Commercial Lines Underwriting Services.

The position offers hybrid/remote work where permitted, with a salary range of $43,950 to $78,759 annually plus bonus and benefits, reflecting both non-senior and senior levels.

Qualifications

High school diploma required.
Bachelor's Degree preferred and may substitute for experience.
Previous commercial lines underwriting experience preferred.

Responsibilities

Evaluate and price new business and renewals for all lines of commercial insurance.
Review requests and determine acceptability using applicable rules and guidelines.
Perform new business setup and rating to develop quotes/proposals.
Issue and assemble policies with proper policy construction.
Process endorsements, cancellations, and reissues following guidelines.
Handle routine agency service requests and escalate complex issues.
Ensure accurate and timely servicing of accounts.
Maintain knowledge of internal systems and rating programs.
Complete transactions and refer non-conforming risks to higher authority.

Skills

Critical thinking

Multi-tasking

Decision making

Analytical skills

Teamwork

Communication

Education

High school diploma

Bachelor's degree

Tools

Excel

Job description

The salary range for this job posting is $43,950.00 - $78,759.00 annually + bonus + benefits. Pay Type: Hourly

The above represents the full salary range for this job requisition. Ultimately, in determining your pay and job title, we'll consider your location, education, experience, and other job-related factors, and will fall within the stated range. Your recruiter can share more information about the specific salary range during the hiring process.

While we prefer candidates who reside closer to our Columbus, Ohio office that could work a hybrid or remote schedule, we may also consider candidates anywhere in our approved payroll states who can work full time remote.

We may hire a senior level for this role and the salary range listed is inclusive of both the non senior and senior level.

This role will report to a Manager, Commercial Lines Underwriting Services.

Are you a Referral?

If you know a current Encova Insurance associate and would like to apply as a referral, please encourage them to submit your referral information before you submit your application. You will receive an email with a direct URL link to the Job Posting of interest. Applying through this URL link will create your referral relationship for our Talent Acquisition Team.

Unique residence requirements are listed in each job posting, please review closely for details.

Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin.

JOB OBJECTIVE:

The Associate Underwriter 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 Associate Underwriter will also accurately enter policy information, process endorsements, audits and other policy transactions and refer them to a staff member with higher authority level when appropriate. This position's objective is to support the team goals of writing profitable new business and retaining profitable renewals while ensuring excellent customer service.

ESSENTIAL FUNCTIONS:

1. Perform routine selection, evaluation, and pricing of all assigned risks, following established procedures, for policies for all lines of commercial insurance. This includes the processing of new business, revisions, renewals and select reinsurance quoting.

2. Review basic new and renewal business requests and determine acceptability, using appropriate Encova, state specific and industry rules, policies, procedures, guidelines, etc.

3. Perform new business set-up and rating, including obtaining additional information needed to develop a new business quote and/or proposal.

4. Issue and assemble policies. Effectively utilizes industry rules and guidance to ensure proper policy construction.

5. Process endorsements, cancellations, declinations, and reissues of policies, following appropriate rules, policies, procedures and guidelines.

6. Field routine agency service requests, referring more complex issues to the team's mentoring underwriter and/or Regional Vice President.

7. Ensure accurate and timely servicing of accounts.

8. Maintain user knowledge of internal systems and any available rating programs.

9. Successfully complete transactions such as supplemental underwriting reports, MVRs, financials, surveys, agency transfers, statement of values, and driver list follow-ups within assigned authority and refer risks to commercial underwriter that do not meet guidelines.

OTHER FUNCTIONS:

1. Non-essential function: may assist in training others.

2. Non-essential function: other duties as assigned.

KNOWLEDGE, SKILLS AND ABILITIES:

High school diploma required.
Two years' experience in a professional business or insurance environment 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 commercial lines underwriting experience.
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 underwriting 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.

This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons.

Ready to join our team?

At Encova Insurance, we firmly believe that our associates drive our company's success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating, and financially rewarding opportunities. Join us to discover a work experience where you can learn and grow to your fullest potential.

What you can expect from us

In addition to a competitive compensation package, we offer a comprehensive benefits package designed to support the well-being and growth of our associates. Available benefits (subject to any policy or plan changes) include, but are not limited to: