Personal Lines Underwriter

Frankenmuth Insurance Company; Northern (KY); Hybrid; USD 60,000 - 80,000; Full time

Job summary

Frankenmuth Insurance Company seeks a risk reviewer to evaluate and classify each risk for acceptability, under moderate supervision, while monitoring ongoing business for continued suitability.

Responsibilities include evaluating renewals, determining reinsurance when needed, and maintaining profitability through proper risk selection and pricing, collaborating with agents and internal staff.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• 4–6 years related experience and/or training preferred.
• Experience in risk assessment or underwriting advantageous.

Responsibilities

• Review and evaluate applications, renewals and endorsements to approve, modify or decline risks within defined authority.
• Determine and authorize reinsurance when necessary.
• Communicate with agents and internal staff to collect information for risk assessment.
• Build and maintain positive relationships with agents and internal staff; respond to inquiries by telephone, correspondence, and agency visits.
• Maintain profitable business in territory through proper selection, pricing, and monitoring of risk.

Skills

Risk assessment

Interpersonal communication

Agency relations

Education

Bachelor’s degree or equivalent experience

Job description

Summary: Under moderate supervision and following standard procedures with some independent judgment, reviews insurance applications to evaluate and classify each risk to determine acceptability, and monitors existing business in order to verify its continued acceptability by performing the following duties.

Essential Duties and Responsibilities:

1. Reviews and evaluates insurance applications, renewals and endorsements to, within defined authority, approve, modify or decline risks.

1. Determines and authorizes reinsurance, if necessary.

1. Communicates with agents and internal staff to collect necessary information to perform risk assessment.

1. Builds and maintains positive working relationships with agents and internal staff; assists and responds to inquiries by telephone, correspondence, and agency visits.

1. Maintains profitable business in territory through proper selection, pricing, and monitoring of business.

1. May serve as a member of project teams, contributing to the achievement of project objectives.

1. Performs other duties as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education/Experience:

Bachelor’s degree (B.A.) from four-year college or university; or four to six years related experience and/or training; or equivalent combination of education and experience.