Farm & Agribusiness Underwriter

Michigan Farm Bureau Family of Companies; Lansing (MI); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Full benefits package

Job summary

Michigan Farm Bureau Family of Companies seeks an Underwriter to evaluate agricultural insurance risks and apply underwriting guidelines. You will classify, rate, and price risks, and communicate with Farm Bureau agents and related staff to ensure appropriate coverage and risk management.

The role requires a Bachelor's degree or equivalent experience, 2–4 years of underwriting exposure, and a valid driver's license.

Qualifications

• Bachelor's degree required or equivalent experience may be considered.
• Minimum six months at the Associate Underwriter position level or equivalent experience required.
• Two to Four Years Of Relevant Experience Required.
• Must possess a valid driver license with an acceptable driving record.
• Associate in Personal Insurance (API), Associate in Commercial Underwriting (AU), AAIC Ag Advisor, or Farm Bureau Tech Underwriting training required, or one must be completed within 24 months of hire.
• Other equivalent education or farm and agribusiness underwriting experience may be considered.

Responsibilities

• Underwrite agricultural lines of insurance.
• Implement company underwriting guidelines in risk acceptance and pricing.
• Classify and rate risks; verify coverage amounts.
• Monitor risk exposure through inspections, claims info, and communications with agents.

Skills

Underwriting

Risk assessment

Pricing & classification

Education

Bachelor's degree or equivalent

Job description

To underwrite agricultural lines of insurance. To implement company philosophy and underwriting guidelines in the acceptance and rejection of risks, pricing, classification, hazard recognition, and providing service to policyholders, Farm Bureau Insurance agents, Great Lakes Agribusiness agents, and their staff.

Evaluate, examine and/or physically survey risks submitted for coverage by Farm Bureau Insurance agents and Great Lakes Agribusiness Insurance agents. Accept, modify or reject risks based upon all relevant information available, including guidelines, directives, inspections and claims information.

Properly classify and rate risks, verify coverage amounts and develop appropriate premium. Work with Farm Bureau Insurance agents, Great Lakes Agribusiness Insurance agents, and in some cases insureds, to determine exposure and appropriate coverages.

Monitor exposure of individual risks by the review of pictures, inspections, claims, consumer reports, renewal surveys, audits and communications with Farm Bureau Insurance and Great Lakes Agribusiness Insurance agents.

Required

Bachelors degree required or equivalent experience may be considered.

Minimum six months at the Associate Underwriter position level or equivalent experience required.

Two To Four Years Of Relevant Experience Required. Must possess a valid driver license with an acceptable driving record.

Associate in Personal Insurance (API), Associate in Commercial Underwriting (AU), AAIC Ag Advisor, or Farm Bureau Tech Underwriting training required, or one must be completed within 24 months of hire.

Other equivalent education or farm and agribusiness underwriting experience may be considered.

Preferred

Chartered Property Casualty Underwriter (CPCU) is preferred.

Note:

Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.

PM19

PI122a6f18fcd5-25448-42010021