Product Line Specialist

Michigan Farm Bureau; Lansing (MI); Hybrid; USD 66,000 - 80,000; Full time

Benefits offered by this job

Full benefit package including medical

401K

Job summary

Michigan Farm Bureau is seeking an experienced Underwriter to evaluate risks for Farm Bureau Insurance agents and help determine appropriate coverages in collaboration with field partners. The role requires strong knowledge of P/C markets, plus formal credentials and an active MI license.

The hybrid position is based in Lansing, MI, offering a full benefits package and the opportunity to work both remotely from the Greater Lansing area and at the Farm Bureau Center in Lansing.

Qualifications

• Bachelor's degree in business or insurance required.
• At least 5 years' commercial insurance or independent agency experience.
• Strong verbal and written communication and teamwork.
• Proficiency with MS Word, Excel and PowerPoint.
• CIC, ChFC and/or LUTCF designation or actively pursuing.
• Active MI property/casualty license or must obtain within 90 days.

Responsibilities

• Evaluate/examine/inspect risks submitted for coverage by agents.
• Accept, modify or reject risks based on guidelines, inspections and claims info.
• Classify, verify insurance amounts and premium development for various risks.
• Provide underwriting information to agents and answer questions.

Skills

Underwriting

Risk assessment

Communication

Teamwork

Education

Bachelor's degree in business or insurance

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Job description

To place business for Farm Bureau Insurance agents when Farm Bureau either cannot or will not write a particular risk. To have a working knowledge of the property/casualty (P/C) markets, products and coverages offered by Community Service Acceptance Company (CSAC), dba FB Partners Group (Farm Bureau Insurance’s Broker Agency), as well as the surety bonds offered by the agency. To provide a WOW! customer experience to the field and provide competitive intelligence on products.

Evaluate/examine/physically survey risks submitted for coverage by agent. Accept, modify or reject risks based upon guidelines, directives, inspections and claims information. Use judgment in making decisions outside published guidelines. Exercise these functions on multiple lines of business.

Responsible for proper classification, verification of insurance amounts and proper rating and premium development of both individual and account type risks. Work with agents, and in some cases clients, to determine exposure and appropriate coverages with each company's guidelines.

Acquire and maintain technical knowledge with regard to coverage forms and endorsements, and hazard identification and evaluation. Use such knowledge in the underwriting/surveying of risks. Dispense underwriting information to agents and answer coverage questions when asked.

Requirements

Required

Bachelor's degree required with focus on business or insurance. Five years’ experience with commercial insurance or experience in the independent agency system required. Ability to give friendly, clear and concise verbal and written direction to the field required. Ability to understand the features and benefits of various insurance products required. Familiarity with Microsoft Office Word, Excel and PowerPoint required. Proven track record of being an excellent team player. Designations in CIC, ChFC and/or LUTCF required, or actively being pursued. Active State of Michigan property/casualty license required, or must be successfully obtained within 90 days of employment.

Preferred Underwriting background preferred. Experience with Agency Management System (AMS) preferred.

Note: This is a Hybrid position working Remotely from the Greater Lansing, Michigan area, and from the Farm Bureau Center located in Lansing, Michigan.

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

73,008

Work Type

Hybrid

Standard Hours

8:00am-4:30pm

Position Type

Full-time

Location(s)

Lansing , Michigan 48917

The Michigan Farm Bureau Family of Companies is an equal opportunity employer. The Company will not discriminate against applicants or employees on the basis of race, color, religion, national origin, age, sex, pregnancy (including childbirth or related medical condition), disability, genetic information, sexual orientation, gender identity, military status, citizenship, or any other class protected by applicable law. In accordance with Michigan's Persons with Disabilities Civil Rights Act, the companies listed above advise you as follows: If you believe that any of the above-listed companies has failed to accommodate you as a disabled individual, you may allege a violation against that company for failing to so accommodate you, but only if you have notified that company in writing of your need for accommodation within 182 days after the date on which you knew, or reasonably should have known, that an accommodation was needed by you to perform the job which you hold or seek.