Farm/Agribusiness Underwriter

Mutual of Enumclaw Insurance Company; Washington; Hybrid; USD 73,000 - 84,000; Full time

Job summary

Mutual of Enumclaw Insurance Holding Company is seeking a Farm & Agribusiness Underwriter to underwrite and market new and renewal business within authority, partnering with agents to write profitable Farm & Agribusiness accounts. The role emphasizes collaboration with Sales, Marketing, and IT on strategic initiatives and process improvements.

Location is hybrid with preference for Washington residents; remote candidates from nearby states may be considered with travel to Seattle area.

Qualifications

• Underwrite and market new and renewal business within designated authority.
• Collaborate with Sales and Marketing to develop relationships with agents to write and retain profitable Farm & Agribusiness business.
• Document underwriting file to verify compliance with guidelines and standards.
• Escalate risks beyond authority to underwriters or leadership as needed.
• Coordinate with Sales to generate submissions aligned with appetite.

Responsibilities

• Review and assess small to medium size risks of lower complexity. May occasionally underwrite accounts of moderate complexity.
• Manage underwriting and submission flow for the assigned agency.
• Properly escalated risks beyond the designated authority level to underwriters and/or underwriting leadership.
• Document the 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.
• 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.
• Participate in agency meetings and training sessions.
• Attend agency functions and industry events.
• Negotiate price, terms, and conditions for new and/or renewal business with our agency partners.
• 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.

Skills

Curiosity

Urgency

Teamwork

Communication

Risk analysis

Customer service

Innovation

Adaptability

Data-driven decisions

MS Office

Accountability

Education

Bachelor's or Associate's degree

High School diploma with relevant business experience

Certifications / industry designations

Job description

Overview

Founded in 1898, Mutual of Enumclaw is a people-first insurer rooted in community, recognized as Washington’s Best Company to Work For for the 14th consecutive year, and proudly serving individuals, families, farms, and businesses through local independent agents across the West.

The Farm & Agribusiness Underwriter reports to a Farm & Agribusiness Underwriting Manager and is responsible for underwriting and marketing of new and/or renewal business and endorsements within the 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 develop relationships with agents to write and retain profitable Farm & Agribusiness business.

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 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: $73,157 - $84,282*

Salary Range: $73,157 - $100,072

*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,

Responsibilities

• Review and assess small to medium size risks of lower complexity. May occasionally underwrite accounts of moderate complexity.
• Manage underwriting and submission flow for the assigned agency.
• Properly escalated risks beyond the designated authority level to underwriters and/or underwriting leadership.
• Document the 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.
• 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.
• Participate in agency meetings and training sessions.
• Attend agency functions and industry events.
• Negotiate price, terms, and conditions for new and/or renewal business with our agency partners.
• 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.

Qualifications

Required Skills and Abilities

• Exhibit curiosity by asking questions, being investigative, and probing.
• Demonstrate a sense of urgency and reliability.
• Exhibit teamwork and collaborates 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 the 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.
• Take ownership and responsibility for actions and outcomes, performance, and results.

Education and Experience

• 3+ 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
• Proficient 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, proactive, responsive, accurate, and timely results.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer, including video conferencing.
• Some travel may be required.

Organizational Competencies

• Leadership
• Continuous Learning
• Business Acumen & Outcome Driven
• Strategic Thinking & Innovation
• Teamwork & Collaboration
• Customer Centric