Farm & Agribusiness Sr. Underwriter

Mutual of Enumclaw Insurance Company; Enumclaw (WA); Hybrid; USD 99,000 - 128,000; Full time

Job summary

Mutual of Enumclaw is seeking a Commercial Lines Senior Underwriter for Farm & Agribusiness. The role reports to an Underwriting Manager and involves underwriting, marketing, and building relationships with agents to write and retain profitable business.

This hybrid position favors WA residents, with remote options for other western states and occasional travel to Seattle area. Candidates should have 5+ years in underwriting or related roles, a Bachelor's/Associate degree, and insurance

Qualifications

• Understand local marketplace and insurance industry trends.
• Know organizational and regulatory rules and apply them day-to-day.
• Demonstrate curiosity, urgency, and reliability.
• Work well in a high-paced environment and with stakeholders.
• Communicate clearly, verbally and in writing, with agents and colleagues.
• Utilize tools to analyze and price risk and provide client service.

Responsibilities

• Review and assess small to medium size risks of low to moderate complexity.
• Underwrite larger accounts when within authority.
• Manage underwriting and submission flow for the assigned agency.
• Escalate risks beyond authority when needed.
• Collaborate with sales/marketing to generate submissions.
• Develop agency business plans with the regional sales manager.
• Communicate with agents/policyholders to gather missing information and maintain relationships.

Skills

risk assessment

communication

teamwork

decision making

customer service

data-driven decisions

Microsoft Office

Education

Bachelor’s/Associate degree

Insurance designations

Tools

Microsoft Office Suite

Job description

Overview

Founded in1898, Mutual of Enumclaw is a people-first insurer rooted in community, recognized asWashington’s Best Company to Work Forfor the14th consecutive year, and proudly serving individuals, families, farms, and businesses through local independent agents across the West.

The Commercial Lines Sr. Underwriter - Farm & Agribusiness reports to an Underwriting Manager and is responsible for underwriting and marketing of new and/or renewal business and endorsements within designated authority level, aligned with achieving our corporate objectives. As an associate of Mutual of Enumclaw you will partner with our Sales and Marketing team to and develop relationships with agents to write and retain profitable business. Independently manages assigned territory to achieve corporate objectives.

Location: Hybrid, with preference given to those residing in WA. Other candidates living in OR, ID, MT, WY, AZ, or UT may also be considered for remote work with occasional travel into the Greater Seattle area and assigned territories. (Candidates must be able to work during our core Pacific Standard Time business hours and have high-speed internet – an internet speed test is required.)

Hiring Range: $99,207 - $112,683*

Salary Range: $99,207 - $128,354

*The Hiring Range represents Mutual of Enumclaw’s current hiring pay scale for this role. Mutual of Enumclaw reserves the right to modify or update this range any time. Exact compensation may vary based on skills and experience. Compensation is only one part of our entire total rewards package. To see some of the benefits and perks we offer, please click here.

Responsibilities

• Review and assess small to medium size risks of low to moderate complexity. May occasionally underwrite larger accounts of higher complexity.
• Anticipate and identify moderately complex underwriting and marketing problems, thoroughly analyzes available information, and make timely, practical decisions.
• Manage underwriting and submission flow for the assigned agency.
• Properly escalates risks beyond the designated authority level to underwriters and/or underwriting leadership.
• Document underwriting file as required to verify account complies with our underwriting guidelines and meets regulatory and underwriting quality standards.
• Proactively collaborate with sales and marketing to generate submissions in line with our appetite.
• Partner with regional sales manager to develop, implement and execute agency business plans.
• Communicate with Agents and/or policyholders as appropriate to gather information missing from documents and/or reports, convey the status of applications for new business or endorsements, and strive to preserve the integrity of business relationships.
• Lead or participate in agency meetings and training sessions.
• Use consultative sales skills to successfully negotiate price, terms, and conditions for new and/or renewal business with our agency partners.
• Consistently seek market insight and uses internal and external knowledge to inform business decisions.
• Attend agency functions and industry events.
• Evaluate natural catastrophe exposures utilizing available modeling tools to confirm compliance with our underwriting standards.
• Determine if facultative reinsurance is required, secure placement if within your authority, or refer as needed.
• Collaborate with Underwriting and IT staff to participate in strategic initiatives, data conversion, acceptance testing and to provide quality assurance support for the systems development.
• Identify, innovate, and suggest new procedures, and/or opportunities to streamline Department processing and record-keeping systems and practices.
• Assist with training and mentoring of less experienced associates when appropriate.

Qualifications

Required Skills and Abilities:

• Demonstrate a fundamental understanding of the local marketplace and insurance industry trends.
• Understand organizational and regulatory rules, policies, and procedures and effectively employ that knowledge in day-to-day work.
• Exhibit curiosity by asking questions, being investigative, and probing.
• Demonstrate a sense of urgency and reliability.
• Exhibit teamwork and collaborate well with others.
• Communicate clearly and professionally, both verbally and in writing
• Utilize the necessary tools and resources to appropriately analyze and price each risk.
• Provide excellent service to internal or external clients.
• Challenge status quo and brings forward possibilities.
• Ability to function well in a high-paced environment.
• Utilize data to make informed decisions and clearly communicates the reason for the decision.
• Proficient with Microsoft Office Suite and related software.
• Knowledge of reinsurance treaties and their impact to our business.
• Take ownership and responsibility for actions and outcomes, performance and results.

Education and Experience:

• 5+ years of underwriting, policy services, or related business experience.
• Bachelor's or an Associate's degree, or a High School diploma with relevant business experience
• Fully proficient in task, assignment, problem-solving, and project coordination, execution, collaboration, and leadership skills.
• Insurance industry designation(s) and certification(s) preferred.
• Proven track record of establishing relationships with agents or colleagues.
• Demonstrated ability to be held accountable for customer-focused, accurate and timely results.