What are the responsibilities and job description for the Underwriter - Personal Lines position at Goodville Mutual Casualty Company?
Summary:
This position is responsible for participating in an underwriting training and onboarding process through mentorship from senior underwriters and other team members. This position will learn and perform underwriting/re-underwriting functions within their level of authority, appraising and selecting risks Goodville will insure. This position will review members’ records to determine continued acceptability and adequate rates. This position will mature their interpersonal skills to assist with ensuring Agents understand and adhere to Goodville's underwriting philosophy and service to our members. This position will actively embrace, support, and promote Goodville culture and its guiding principles of Love, Justice and Integrity. This position will be expected to develop industry knowledge through the pursuit of insurance coursework and evolving product understanding.
This position will perform mono-line or multi-line in one or more of the following disciplines: Personal, Farm or Commercial Lines.
Functions:
- Under the guidance of a mentor, develop the competency to analyze individual accounts, portfolio experience, and begin to apply product knowledge and acquired skills to perform underwriting tasks. Tasks may include, but are not limited to reviewing change requests, evaluate audits, inspections, and renewal records to verify continued acceptability, rate adequacy, and possible coverage modification within level of authority.
- Review Policyholder files and records to verify original and continued acceptability and ensure adequate rates.
- Reviews risk and claim reports to determine appropriate actions, including modifying risks or terminating coverage in accordance with level of authority.
- Correspond, develop, and maintain working relationships with Agents, Marketing team and other departments.
- Travel with Field Marketing Representatives to learn to establish rapport with agents and develop knowledge of Goodville’s territories and culture.
- Under the guidance of a mentor, develop aptitude for acting as a resource and communicate with Agents on a regular basis to answer questions and discuss risks.
- Communicate with senior underwriters and Marketing team regarding Agent issues or concerns.
- Advise manager, supervisor or Senior Underwriter of issues or concerns.
- Perform other duties as assigned by supervisor.