Commercial Lines Underwriter

LPU Batangas; Minnesota; On-site; USD 57,000 - 81,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Paid time off

Education matching gift program

Dental & vision insurance

Job summary

LPU Batangas in Minnesota is seeking an entry-level underwriting professional to learn insurance coverages and contracts, understand company philosophy, and assist in underwriting decisions. You will analyze loss experience and risk characteristics while becoming familiar with policies, forms, and endorsements.

The role emphasizes independent data-driven decision making, communication with independent agents, and participation in approved educational programs to build product knowledge.

Qualifications

• Bachelor’s degree or equivalent experience.
• Ability to organize data, multi-task, and make decisions independently.
• Above-average communication skills (written and verbal).
• Ability to resolve complex issues.
• Interest in developing product knowledge through participation in approved educational programs.

Responsibilities

• Learn various insurance coverages and contracts along with company philosophy and procedures to make underwriting decisions.
• Become familiar with company policies, manuals, forms, and endorsements to understand their meaning and use.
• Analyze loss experience, financial conditions, and physical characteristics of risks.
• Acquire a working knowledge of supporting sections of the underwriting department.
• Effectively communicate with independent agents and other employees through verbal and written means.

Skills

Data organization

Multi-tasking

Written & verbal communication

Problem solving

Interest in product knowledge

Education

Bachelor’s degree or equivalent experience

Job description

Your Role

Here’s what you will be doing:

• Learn various insurance coverages and contracts along with company philosophy and procedures to make underwriting decisions.
• Become familiar with company policies, manuals, forms, and endorsements to understand their meaning and use.
• Analyze loss experience, financial conditions, and physical characteristics of risks.
• Acquire a working knowledge of supporting sections of the underwriting department.
• Effectively communicate with independent agents and other employees through verbal and written means.

About You

The company is looking for:

• Bachelor’s degree or equivalent experience.
• Ability to organize data, multi-task, and make decisions independently.
• Above-average communication skills (written and verbal).
• Ability to resolve complex issues.
• Interest in developing product knowledge through participation in approved educational programs.

Compensation & Benefits

• Annualized starting base pay range: $57,000.00 - $80,800.00.
• Benefit dollars to purchase certain benefits and several bonus opportunities.
• Matched 401(k) and fully funded pension plan (once vested).
• Medical, prescription, dental, and vision insurance.
• Associate, spouse, and child life insurance.
• Supplemental sick pay and long term disability.
• Health care and dependent care flexible spending accounts.
• Generous paid time off including holidays, vacation days, personal time, sick leave, and parental leave.
• Adoption assistance.
• Discounts on personal insurance.
• Education matching gift program and student loan assistance program.
• Gym membership and fitness class reimbursement program.

Training & Development

Structured training program and employee mentoring are provided.