What are the responsibilities and job description for the Associate Underwriter position at Motion Specialty?
Description
This position will be working in a niche market within our Personal Lines Division. The person in this position will be working with affluent clientele on high value product placement. This position will review, analyze, and inspect insurance contracts while collecting competitive data to analyze our program’s place within the market.
Job Responsibilities:
- Underwrite High Value Homeowners (“HVH”) risks on behalf of Motion Specialty by understanding the risk appetite and rating of the product.
- Develop a thorough understanding of the product policy wording and help to enhance our proposition in line with the wider HVH market.
- Analyze inspection reports, location, risk, credit reports, etc to accept or reject new/renewal property and casualty business.
- Performs wholesale agency visits to solicit feedback on our service standards, our competition, and to build a professional relationship with our wholesale partners.
- Obtain competitor data to analyze how our programs fit with regards to: rate, policy form, ease of use, etc.
- Actively participates in setting and obtaining premium projections for their product lines
- Review applications, loss runs, reports etc for acceptance within company service standards
- Comfortable discussing team goals & actively participating in achieving them
- Maintain company education requirements & pursue education to enhance insurance knowledge
- Adhere to company-wide service standards
- Develop and maintain effective relationships with carrier partners.
Education and Work Experience:
- 1 to 3 years of experience in P&C Underwriting or related field preferred
Knowledge Skills & Abilities:
- Ability to handle difficult situations while maintaining composure
- Dedicated & Hard Working
- Creative and Innovative
- Ability to multi-task, prioritize, make quick decisions and be flexible in a fast-paced environment
- Ability to coordinate travel arrangements when necessary
- Strong customer service skills
- Ability to maintain confidentiality
- Capacity to analyze information and general math skills
- Research skills
- Attention to detail
- Computer experience a must, MS Word & Excel experience required
- Minimum 40wpm typing speed
- Excellent oral and written communication skills
- Exceptional interpersonal skills
- Interest in selling products and services based on customer needs
- Ability to clearly and effectively present (both written and verbal) to external business partners, management and internal business partners.
- Exhibits a professional appearance when representing the organization during agency visits or meetings
- Strong negotiation skills
Typical Physical Demands:
· Requires the ability to sit or stand for long periods of time, occasional stooping, and reaching; May require lifting-up to 25 pounds; requires normal range of vision and hearing with or without accommodations.