Farm & Agribusiness Underwriter

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

Benefits offered by this job

Full benefits package (medical, dental

vision and 401K

Job summary

Michigan Farm Bureau is seeking a Farm & Agribusiness Underwriter to underwrite agricultural lines of insurance and implement underwriting guidelines. The role involves evaluating risks, pricing, and serving Farm Bureau Insurance agents and related agribusiness partners.

The candidate should hold a bachelor’s degree (or equivalent) with experience at the Associate Underwriter level, plus valid driver’s license and underwriting training or a plan to complete within 24 months. CPCU is preferred.

Qualifications

• Bachelor's degree required or equivalent experience.
• 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 CPCU is desirable.

Responsibilities

• Underwrite agricultural lines of insurance and implement guidelines in acceptance and pricing.
• Classify and rate risks, verify coverage amounts and develop premiums.
• Monitor exposure by reviewing inspections, claims and communications with agents.

Education

Bachelor's degree or equivalent experience

Job description

Farm & Agribusiness Underwriter

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

PI288082544

Equal employment opportunity, including veterans and individuals with disabilities.