Commercial Underwriter

emcins; Texas; On-site; USD 51,000 - 78,000; Full time

Job summary

EMC invites you to join our underwriting team in Texas, where you will shadow senior underwriters to understand middle market risk appetite and regional practices. You will assist with endorsements within authority, analyze new and renewal accounts, and help develop agency relationships while maintaining thorough file documentation.

Ideal candidates hold a bachelor's degree in insurance or business administration, with preferred designations such as AINS, AU, CIC or CPCU.

Qualifications

• Bachelor's degree in insurance or business administration or equivalent relevant experience.
• Insurance designations such as AINS, AU, CIC or CPCU preferred.
• Candidates that exceed minimum qualifications may be considered for a higher level position.

Responsibilities

• Shadows experienced underwriters to learn company and regional middle market risk appetite and build agency relationships.
• Supports underwriting team by completing tasks such as reviewing endorsements within authority and analyzing assigned accounts.
• Evaluates basic middle market accounts for risk selection and pricing within limited authority, analyzing exposure and financial data.
• Maintains proper file documentation for accounts and communicates with agents with updates on accounts.
• Collaborates with marketing to learn building relationships and ensure good customer experiences.
• Attends peer training sessions and corporate workshops to enhance underwriting knowledge.

Skills

Commercial insurance knowledge

Problem solving

Customer service

Team collaboration

Decision making

Written and verbal communication

Multi-project management

Negotiation skills

Education

Bachelor's degree in insurance or business administration

AINS

AU

CIC

CPCU

Tools

Microsoft Office

Social media

Job description

At EMC, we're all about working together to make an impact. As part of our team, you'll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts-always supporting each other to do our best work. Join us, and let's improve lives together.

Ideal candidate will be located in Texas.

Essential Functions

• Shadows experienced underwriters to learn company and regional middle market risk appetite and gain experience in developing agency relationships.
• Consults experienced underwriters to ask questions and gain understanding in underwriting best practices. Supports underwriting team by completing tasks, such as reviewing endorsements within authority limit and analyzing assigned new and renewal accounts.
• Under supervision, evaluates basic middle market accounts for risk selection and pricing purposes within limited authority. Analyzes exposure, company and regional risk appetite, account premium and loss history, financial data, line(s) of business, price guidance, motor vehicle records, online sources of information, reports from premium audit or risk improvement and other relevant information to underwrite policies.
• Maintains proper file documentation in connection with accounts.
• Communicates with agents and provides updates on accounts.
• Collaborates with marketing representatives to learn about building relationships and providing agents with good customer experiences, responsiveness, and ensuring they select EMC as their insurer of choice.
• Attends peer training sessions, corporate workshops, and learning courses to enhance underwriting knowledge and skills.

Education & Experience

• Bachelor's degree, preferably in insurance or business administration, or equivalent relevant experience
• Insurance designations, such as AINS, AU, CIC or CPCU preferred

Candidates that exceed the minimum qualifications may be considered for a higher level position.

Knowledge, Skills & Abilities

• Knowledge of commercial insurance products and coverage options preferred
• Good problem-solving and analytical skills and the ability to make sound decisions
• Strong customer service skills
• Ability to work effectively with others, as well as independently
• Ability to maintain high standards of professional competence
• Good computer skills, including knowledge of Microsoft Office and social media
• Ability to work on multiple projects while meeting deadlines
• Good written and verbal communication skills
• Good negotiating skills preferred

Salary Range

• $51,201 - $70,730 or $56,581 - $77,796

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.

For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers .

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.