Territory-Owned Commercial Underwriter

Federated Mutual Insurance Company; Mankato (MN); On-site; USD 64,000 - 78,000; Full time

Benefits offered by this job

Competitive compensation

Bonus programs

Health insurance

Pension and 401(k)

Paid volunteer time

Gift matching

Job summary

Federated Insurance is seeking an Underwriter to establish the risk profile for client businesses and determine appropriate coverage and premiums. You will complete a comprehensive training program and then manage a territory with minimal supervision, collaborating with internal teams.

You’ll gain solid underwriting foundations through paid classrooms and hands-on instruction, beginning in Minnesota, with travel to develop client relationships and grow expertise in your market.

Qualifications

• A four-year degree in a business-related field.
• Strong analytical, computer and time management skills.
• Excellent written and verbal communication skills.

Responsibilities

• Gather and analyze information about a client’s or prospect’s business operations, history and location.
• Alongside colleagues, decide what products and services the business needs.
• Decide how much premium must be charged to cover the risk of insuring the business.
• Offer risk management solutions designed to help the business operate safely and profitably.
• Become an expert in the political landscape, legal climate, demographics, economy, environment, and competitiveness of your territory.
• Periodically travel to your territory to gain additional knowledge and work directly with clients and prospects.
• Use exceptional communication skills to build relationships with colleagues and clients.

Skills

Analytical skills

Written communication

Verbal communication

Time management

Computer skills

Education

Four-year business degree

Job description

Federated Insurance is seeking an Underwriter to establish the risk profile for client businesses and determine appropriate coverage and premiums. You will complete a comprehensive training program and then manage a territory with minimal supervision, collaborating with internal teams.

You’ll gain solid underwriting foundations through paid classrooms and hands-on instruction, beginning in Minnesota, with travel to develop client relationships and grow expertise in your market.