Selective Insurance
Large Account Underwriting Specialist - Remote
Selective Insurance, Frankfort, Kentucky, United States
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Large Account Underwriting Specialist - Remote
role at
Selective Insurance
About the company
Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's position as both a leading insurance group and an employer of choice is recognized in awards such as Forbes Best Midsize Employers in 2024 and Great Place to Work in 2024 for the fifth consecutive year. Employees are encouraged to Be Uniquely You and contribute diverse talents to the team. The company serves customers by mitigating loss, keeping them safe, and restoring their lives and businesses after an insured loss occurs.
Overview Researches, markets, underwrites, prices and coordinates issuance of new large, loss-sensitive accounts (premium > $350k). Partners with corporate departments, internal and external stakeholders to provide large account guidance. All duties comply with applicable legal and regulatory requirements.
Responsibilities
Implement defined marketing strategies for the company’s large account services and products. Create new business opportunities by understanding the customer’s business and identifying additional product and service offerings. Quote, accept, decline or modify new large account business within authority. Ensure adequate pricing through proper classification and documentation, and adherence to underwriting standards and philosophy.
Set short- and long-term goals for large accounts that support company strategies. Recognize trends in financial data and make sound business decisions to positively impact trends.
Coordinate with internal and external stakeholders on the survey process of large accounts. Utilize field force including safety management and claims to enhance service for agents, insureds, and internal staff.
Develop effective relationships with agents. Conduct agency and customer visits across a broad regional geography. Represent large accounts at associations, trade shows, and cross-functional meetings as needed.
Provide technical support to field staff and agency employees on large accounts products, tools and services to write and manage such accounts.
Support Continuous Improvement by coordinating with peers across regions to implement best practices.
Maintain information on competitive intelligence, industry trends and consumer needs to ensure competitive advantage with large accounts.
Must be able to drive an automobile to travel within territory; travel approximately 20% of time.
Qualifications Knowledge and Requirements
Highly proficient written and verbal communication skills
Broad knowledge of company products and underwriting guidelines
Effective influencing and negotiation skills
Critical thinking skills with ability to solve problems, evaluate high-stakes risks and make sound decisions
Ability to multi-task and manage workflows to meet and exceed production and service expectations
Strong relationship development with internal and external customers/peers
Proficiency with desktop tools, including underwriting and email systems
Valid state-issued driver’s license in good standing
Education And Experience
College degree preferred
Minimum of 3 years of commercial underwriting experience; minimum of 2 years of field underwriting / insurance marketing experience
Completion of INS; AU; or completion or pursuit of CIC; or CPCU preferred
Total Rewards Selective Insurance offers a total rewards package including a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits to support health, retirement, education, and work-life balance. Details provided during recruiting. Base salary varies by location and is influenced by education, qualifications, experience, skills, performance, and business needs.
Pay Range USD $82,000.00 - USD $118,000.00 /Yr.
Additional Information Selective is an Equal Employment Opportunity employer. We value diverse opinions, beliefs, abilities, and perspectives. We are committed to a welcoming culture and strive to promote diversity, equity, and inclusion. We expect all employees and partners to embrace acceptance and foster diverse viewpoints.
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Large Account Underwriting Specialist - Remote
role at
Selective Insurance
About the company
Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's position as both a leading insurance group and an employer of choice is recognized in awards such as Forbes Best Midsize Employers in 2024 and Great Place to Work in 2024 for the fifth consecutive year. Employees are encouraged to Be Uniquely You and contribute diverse talents to the team. The company serves customers by mitigating loss, keeping them safe, and restoring their lives and businesses after an insured loss occurs.
Overview Researches, markets, underwrites, prices and coordinates issuance of new large, loss-sensitive accounts (premium > $350k). Partners with corporate departments, internal and external stakeholders to provide large account guidance. All duties comply with applicable legal and regulatory requirements.
Responsibilities
Implement defined marketing strategies for the company’s large account services and products. Create new business opportunities by understanding the customer’s business and identifying additional product and service offerings. Quote, accept, decline or modify new large account business within authority. Ensure adequate pricing through proper classification and documentation, and adherence to underwriting standards and philosophy.
Set short- and long-term goals for large accounts that support company strategies. Recognize trends in financial data and make sound business decisions to positively impact trends.
Coordinate with internal and external stakeholders on the survey process of large accounts. Utilize field force including safety management and claims to enhance service for agents, insureds, and internal staff.
Develop effective relationships with agents. Conduct agency and customer visits across a broad regional geography. Represent large accounts at associations, trade shows, and cross-functional meetings as needed.
Provide technical support to field staff and agency employees on large accounts products, tools and services to write and manage such accounts.
Support Continuous Improvement by coordinating with peers across regions to implement best practices.
Maintain information on competitive intelligence, industry trends and consumer needs to ensure competitive advantage with large accounts.
Must be able to drive an automobile to travel within territory; travel approximately 20% of time.
Qualifications Knowledge and Requirements
Highly proficient written and verbal communication skills
Broad knowledge of company products and underwriting guidelines
Effective influencing and negotiation skills
Critical thinking skills with ability to solve problems, evaluate high-stakes risks and make sound decisions
Ability to multi-task and manage workflows to meet and exceed production and service expectations
Strong relationship development with internal and external customers/peers
Proficiency with desktop tools, including underwriting and email systems
Valid state-issued driver’s license in good standing
Education And Experience
College degree preferred
Minimum of 3 years of commercial underwriting experience; minimum of 2 years of field underwriting / insurance marketing experience
Completion of INS; AU; or completion or pursuit of CIC; or CPCU preferred
Total Rewards Selective Insurance offers a total rewards package including a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits to support health, retirement, education, and work-life balance. Details provided during recruiting. Base salary varies by location and is influenced by education, qualifications, experience, skills, performance, and business needs.
Pay Range USD $82,000.00 - USD $118,000.00 /Yr.
Additional Information Selective is an Equal Employment Opportunity employer. We value diverse opinions, beliefs, abilities, and perspectives. We are committed to a welcoming culture and strive to promote diversity, equity, and inclusion. We expect all employees and partners to embrace acceptance and foster diverse viewpoints.
#J-18808-Ljbffr