Brokerage Underwriting Representative

Green Tree Risk Partners

Department: Wholesale Brokerage Agency

Reports to: Vice President of Agency Operations

Position Summary: This position requires a goal-oriented individual to work in tandem with our Business Development Representatives and Commercial Multi -Line Underwriters to produce, and retain, profitable accounts, reduce account declinations and create non risk revenue. The purpose of this position is to provide front-line contact with third party carriers, accounts, and brokers.

Receives functional direction and guidelines from the Brokerage Manager or Vice President and operates within policies and guidelines established by brokerage management.

Essential Functions and Responsibilities:

• New & Renewal
• Bind new business!
• P&C Licensed
• Review applications for class acceptability, completeness (request additional info, if appropriate), and risk acceptability as a pre underwriting function
• Be knowledgeable of carriers submission requirements
• Evaluate classifications for accuracy
• Coordinate pricing with the third-party carrier, PLM Underwriter and Business Development Representative and broker by determining expiring price, target price, need by date and who competition is. Obtain commitment from broker regarding account placement if we meet the targets
• Coordinate quotation’s release with the PLM Underwriter and Business Development Representative
• Establish a diary on the quotations for follow up. Re-diary for follow up prior to effective date to ascertain our success and, if appropriate, consider last minute revisions.
• Process all quotations by broker’s “need by” date.
• Participate in various trade association meetings and conventions as required
• Submit Expense accounts by the 10th of the month following close of expense period.
• Complete various records and reports for home office utilization.
• Review and handle all mail, email, correspondence and telephone calls on the date received or no later than 24 hours.

Knowledge and Skills:

• Bachelor’s degree preferred
• Prior background in insurance and marketing essential. Basic understanding of the insurance industry.
• Experience in a retail/wholesale commercial environment
• Certification of successful completion of insurance studies (CPCU, CIC, AU, General Insurance, etc.) preferred.
• Computer literacy and ability to type reports and use Microsoft Office Products
• Understanding of and ability to apply underwriting processes to potential and current risks
• Detailed understanding and “current knowledge” of commercial coverages and policy forms
• Good understanding of policy construction detail
• Outstanding organizational skills resulting in the ability to handle a large workload
• Strong communication skills (both oral and written)
• Strong negotiation skills
• Basic understanding of the sales process
• Ability to work in a team environment
• Ability to build and manage relationships with insurance carriers, clients, and fellow employees
• Ability to identify and solve complex problems
• Ability to manage time efficiently
• Willingness to work irregular hours as the position requires.
• Ability to travel and stay overnight occasionally.
• Using multiple systems and resources, accurately rate and issue New Business submissions and Renewal business within company standards.
• Provide backup support to to ensure standards are met by the entire department.
• Required annual professional development classes and certification
• All other duties assigned or required by the department

Physical Requirements:

1. Ability to hear.

2. Ability to speak clearly.

3. Ability to sit for extended periods of time.

4. Ability to travel overnight