PRODUCTION UNDERWRITER-Multi Line Job at McKee Risk Management, Inc. in King of

Position summary

As a Production Underwriter, you'll analyze complex risks, craft customized coverage solutions, and build lasting partnerships that drive success for both clients and the company. You'll be the go-to expert for interpreting and marketing our products, using your insight and initiative to fuel profitable growth within your assigned book of business. If you thrive in a collaborative, performance-driven environment, this is your opportunity to grow your career and make your mark.

Responsibilities:

• Has responsibility for the production and profitability of an assigned book and / or agency assignment.
• Responsible for established new business, retention, rate, net margin, cross selling goals.
• Has responsibility for risk selection / rejection, pricing, retention, account rounding, wholesaling of lines of business in and outside of the slip markets as needed, growth and profitability per divisional objectives.
• Uses independent judgment and initiative to support business goals.
• Reviews, documents and / or underwrites new and renewal policy transactions within written authority.
• Reviews premium and loss data on an individual account.
• Analyzes coverage and limit requests and decides what terms to offer.
• Prices business in accordance with company guidelines and within written authority.
• Assesses risk quality and compliance within company guidelines and initiates appropriate loss prevention actions, if applicable.
• Prepares quotations and binders for each account.
• Ensures file is complete and meets company guidelines.
• Reviews insurance applications and other risk documentation. Reviews underwriting requirements and refers applications, endorsement requests or other correspondence for further underwriting analysis when outside of written authority.
• Gathers information on new and renewal business and change requests to support underwriting decision making.
• Investigates discrepancies in the information gathered.
• Communicates with agents to obtain information needed to underwrite risks and address issues. Researches and responds to questions from agents.
• Collaborates with various departments within the company, including marketing, claims, risk control, actuarial, accounting and product development to support business goals.
• Visits agents, brokers and producers in order to retain existing accounts build and maintain business relationships and develop new opportunities in support of unit objectives.
• Interprets, explains and markets products and services for the department and for the company.
• Applies underwriting rules and guidelines, rating, manual rules and insurance laws and regulations.
• Participates in preparation for department Underwriting Audits.
• May be responsible for coordinating and supervising the day to day activities of the underwriting support staff.
• Performs other duties as assigned.

Requirements:

• A commitment to a disciplined education plan including Chartered Property Casualty Underwriter (CPCU) and relevant industry sponsored seminars.
• Position requires frequent travel, including overnight travel to agents and brokers, beginning with 25% of time, escalating up to 50% of time.
• Excellent interpersonal skills and client services skills
• Strong negotiation skills.
• Strong presentation skills.
• Ability to develop effective working relationships with staff and industry colleagues.
• Proficient computer skills.
• Multiline property and casualty insurance knowledge

Education Requirement:

Bachelor's Degree or equivalent experience (Field of Study: Liberal Arts, Business, Risk Management or a related discipline)

Experience: Minimum of 6 months to 3 years of multiline P&C Underwriting Experience.