Senior Production Underwriter

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Effectively underwrite complex new and renewal business by selecting risks, pricing appropriately, maintaining contractual integrity, and managing accounts, all while adhering to delegated authority and ensuring compliance with regulations.

• Exhibit critical thinking skills in evaluating risks and pinpointing exposures and controls.

• Price risks in accordance with the identified exposures and controls.

• Establish suitable terms and conditions to ensure a profitable portfolio.

• Document assigned files with a comprehensive underwriting thought process.

• Act as a subject matter expert to support team members in navigating complex risks.

• Utilize strong portfolio management skills to meet profit and premium targets aligned with designated business unit strategies.

• Attain production objectives within the designated territory.

• Handle marketing responsibilities, which encompass both in-person and virtual sales interactions with agencies and clients.

• Identify and cultivate a robust pipeline of new business opportunities.

• Build and sustain successful relationships with producers and agencies.

• Represent UFG in the market by clearly communicating the company's underwriting, risk control, and claims capabilities across all business units.

• Collaborate with various internal partners including Business Unit and Line of Business underwriting, Sales and Distribution, Underwriting Center, Underwriting Support, Risk Control, Legal, and Claims to ensure optimal stakeholder engagement.

• Conduct agency reviews, gathering relevant intelligence regarding market opportunities.

• Provide management with insightful feedback on the current state of the marketplace, agencies, and competition.

• Mentor and train team members, serving as a resource for inquiries, resolving escalated issues, and providing guidance.

• Advocate for the field underwriter perspective in significant corporate initiatives and projects.

• Assist in the implementation of technical underwriting training and content.

⛳️ Requirements

• A four-year college degree is preferred.

• Completion of or progress towards AU, CIC, and/or CPCU designations is preferred.

• Over 5 years of experience in commercial lines underwriting is preferred.

• Advanced skills in risk evaluation and knowledge of insurance contracts.

• Ability to implement current underwriting strategies for the assigned territory to make informed underwriting decisions.

• Strong leadership capabilities, including mentoring, coaching, and training skills.

• Capacity to thrive in a fast-paced environment while efficiently prioritizing and completing tasks.

• Exceptional customer service abilities.

• Effective stakeholder management skills, including building a high level of trust with internal and external partners.

• Strong analytical and problem-solving skills with a keen attention to detail.

• Advanced communication and negotiation proficiency.

• Excellent time management skills with the ability to meet deadlines and effective dates.

• In-depth knowledge of the agency force and current market conditions.

• Proven sales skills, evidenced by a successful track record of expanding a profitable book of business.

🏝️ Benefits

• Annual incentive compensation.

• Medical, dental, vision, and life insurance.

• Accident, critical illness, and short-term disability insurance.

• Retirement plans with employer contributions.

• Generous time-off program.

• Programs designed to enhance employee well-being and financial security.