What are the responsibilities and job description for the Personal Lines Underwriter I position at Indiana Farm Bureau Insurance?
Primary Responsibilities
- Evaluates insurance for acceptability and appropriate pricing.
- Evaluates risks according to underwriting guidelines and experience.
- Recommends risk improvement and/or loss control measures to achieve the appropriate rate for the risk.
- Documents final decision on applications to ensure policies are issued or declined accurately while adhering to compliance regulations.
- Works with a variety of internal and external partners to ensure prompt and efficient service to our customers.
- Participates in ongoing learning and technical development.
Knowledge and Requirements
- Bachelor’s degree or equivalent work experience. Must have a commitment to completing industry education.
- Ability to learn Company product portfolio, retention limits, reinsurance procedures, and the Company's philosophy regarding reinsurance submissions.
- Ability to work under pressure and meet deadlines.
- Effective utilization of computer systems for essential job functions, including proficiency in Microsoft Office and familiarity with IFBI processing systems as assigned.
- Strong attention to detail and accuracy in work.
- Demonstrated ability to effectively communicate in both written correspondence and verbal communication.
- Willingness and demonstrated ability to collaborate with underwriting team members and agents.
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