Commercial Trucking Insurance Underwriting Associate - Remote US

Fundamental Underwriters provides specialty insurance solutions with expertise in commercial auto. We offer competitive pricing, coverage and partnership you need to keep your operation in motion. We deliver individual underwriting solutions, consultative loss control programs and rapid claims resolutions for risks with superior safety cultures.

In conjunction with the Underwriter, reviews, analyzes, approves, or rejects complex business.  Serve as liaison with company personnel regarding company business opportunities and problem resolution. Responsible for providing temporary assistance to field Underwriter and providing input when requested as part of the territories or regions overall agency plan.

RESPONSIBILITIES / TASKS:

• Assist the Underwriter in the calculation, preparation and development of premium quotations using corporate underwriting guidelines
• Assist the Underwriter in determining the underwriting eligibility for prospective policyholders and developing appropriate pricing for new business, renewals, and endorsements
• Supports agency relationships
• Supports agency plans in cooperation with other staff
• Addresses agents’ and policyholders’ concerns/needs
• Assist the Underwriter in developing new business and retention of existing business in a given territory or region
• Explains and emphasizes benefit of commercial auto insurance products and services to customers (agents and policyholders)
• Works with all internal departments to resolve problems and maintain company relations
• Participates as necessary on special committees and task forces
• Interprets and develops territory reports which reflect the status of the territory
• Participates in promotional plans for both Fundamental Underwriters and agent activities
• Analyzes and reviews production and loss information for agents
• Prepares periodic reports as requested
• Research and coordinates responses to agents, policyholders and regulatory entities
• Assist the Underwriter with analyzing agency performance and develop corrective action plans as needed to correct poor performance
• Assist the Underwriter in analyzing accounts to determine exposure and proper pricing
• Gathers competitive and product information from the field
• Assist in the training of agency employees on the use of company specific automation systems
• Assist the Underwriter in reviewing loss trends and developing action plans to correct problem areas
• Supports schedule for large account service plans with claims, loss control, premium audit, and other departments as needed
• Provides input for agency advisory council meetings
• Assists in the development of regional goals

This position description identifies the responsibilities and tasks typically associated with the performance of the position.  Other relevant essential functions may be required.

EMPLOYMENT QUALIFICATIONS

EDUCATION:   Bachelor’s degree in marketing, insurance or related field.  Combinations of relevant education and experience in the following areas may be considered in lieu of a degree: Underwriting, marketing, loss prevention, and/or auditing. Continuous learning required, as defined by the Company’s learning philosophy. Certification, or progress toward, highly preferred and encouraged.

EXPERIENCE:  One-year of relevant experience which provides the necessary skills, knowledge and abilities is required. Agency management and marketing experience preferred or with proper education, successful completion of the trainee program.

TIME ZONE:

Must reside in Eastern, Central or Mountain Time Zones.

SKILLS/KNOWLEDGE/ABILITIES REQUIRED:

• Ability to exercise good judgment in evaluating and determining the proper pricing for prospective policyholders using corporate underwriting guidelines by accepting or rejecting risks for the purposes of issuing commercial automobile insurance coverage
• Ability to initiate insurance transactions in compliance with all policies, procedures, legal and ethical guidelines
• Ability to negotiate while establishing a personal rapport and maintaining an effective working and client relationship 
• Knowledge of commercial auto and the independent agency system
• Ability to apply creative and persuasive techniques to maintain existing business and ability to be creative when presented with unique situation
• Ability and proficiency in the use of computers and company standard software
• Strong interpersonal skills and ability to create and maintain mutually beneficial relationships
• Ability to work with minimum supervision and balance demands of a field position by supporting agents while keeping current with underwriting support workload
• Ability to perform other assignments at locations outside the office
• Ability to support agency relationships and to assist and support sound underwriting decisions
• Knowledge of appropriate jurisdictional commercial auto laws
• Ability to calculate expected pricing for agents and policyholders
• Ability to analyze territory or region in order to identify problems and take the appropriate corrective action
• Ability to comprehend the consequences of various problem situations and address them or refer them for appropriate decision making
• Ability to effectively exchange information clearly and concisely, and present ideas, reports, facts and other information, and respond to questions as appropriate
• Ability to analyze and solve practical problems which deal with a variety of variables
• Ability to make and implement competent, independent decisions and to build consensus
• Ability to understand and implement audit procedures and processes for agencies

WORKING CONDITIONS:

Work is performed in a virtual office and onsite office setting with no unusual hazards. Travel is required. 

The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description.  

Pay Range - Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market, and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $54,000 and $90,550.

We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.

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Salary : $54,000 - $90,550