Underwriter/Account Executive – Fidelity and Crime

Underwriter/Account Executive – Fidelity and Crime

Requirements

• Bachelor’s degree preferred
• Generally, 0-3 years insurance underwriting experience
• Insurance carrier or broker experience in professional lines/crime is preferred but not required
• High level of organizational skills, ability to establish priorities and meet deadlines
• Strong negotiation skills
• Must be open to day and overnight travel up to 25% of the time, to visit producers and insureds.

Responsibilities

• Has accountability for risk selection / rejection, pricing, retention, growth, and profitability (within scope of authority and per divisional objectives)
• Develops and maintains effective business relationships with internal and external customers/coworkers to attract and retain profitable business
• Interacts with the producers/insureds, assists in marketing calls, and participates in underwriting/production calls
• Interprets, explains, and markets products and services
• Visits producers and principals, as well as attends industry or company events
• Uses independent judgment and initiative to support business goals
• Maintains a high level of customer service
• Receives and analyzes submissions and determines terms to offer (policy limits, deductibles, coverage options and conditions, etc.)
• Prices business in accordance with company guidelines
• Assesses risk quality and compliance within company guidelines
• Makes recommendations on risks
• Enters, maintains, and monitors accounts using underwriting, analysis, and desktop systems
• Prepares effective internal and external communications on underwriting issues
• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations
• Performs other duties as assigned.

Preferred Qualifications

• Insurance carrier or broker experience in professional lines/crime is preferred but not required