Underwriting Associate

Department:

Job Description:

As the Underwriting Associate, your primary responsibility is to contribute to the underwriting of a profitable and risk adverse portfolio through effective communication and decision-making within the boundaries of designated authority. You will assist Underwriters with business development and growth through the building of relationships with assigned producers and wholesalers.  

Work Arrangement:

• Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional in‑office days.

Accountabilities:

• Within individual authority level, review and analyze exposures to make independent decisions regarding the risk selection for submissions and renewals.

• Manages to production standards, maintains file documentation, and ensures compliance with internal and external regulations and guidelines.

• Communicates with agents in order to complete defined underwriting tasks to include obtaining missing information, clarifying account information and negotiating within authority limits.

• Provide support to Underwriters, at any point in the process post bind business production for all lines of business.

• Pull financial and other industry reports to assist underwriters with territory review.

• Reviews submission files for complete information, evaluates coverage selections, and reviews pre-qualification details for underwriters.

• Assist Underwriters in identifying loss drivers of the book of business as well as growth opportunities with the assigned territory.

• Actively participates in continuous improvement by fully engaging in the underwriting function, generating suggestions, following appropriate procedures, and performing basic underwriting analysis on accounts.

• Identify opportunities for process improvement and develop strategies to present to management for their consideration.

• Provide assistance to the Customer Care Center by researching information with agents and wholesalers as requested.

• Perform other related work as assigned.

Qualifications:

• High school education or equivalent.  

• Associate or Bachelor’s degree in business administration, finance or related field preferred; equivalent relevant work experience.

• One (1) year experience in the Property & Casualty insurance industry.​

• General knowledge of common terms, practices, processes and regulations in the insurance industry.

• Insurance Industry course work completion preferred.

• Effective written and verbal communication skills.

• Proficient typing and data entry skills.

• Proficient in use of Microsoft Office suite including Basic Excel skills, Intermediate Word and Outlook skills.

• Effective analytical, problem-solving and decision-making skills.

• Strong attention to numeric and other details.

• Strong customer service orientation.

• Adaptability to meet changing business needs.

• Organizational skills and ability to manage large work volume and meet tight deadlines.

Pay Range:

Anticipated Hiring Range:

• $45,000 - $65,000 annual base salary depending on experience, qualifications, and geographic location 

Benefits:

We are proud to offer our full-time regular employees a robust benefits suite that includes:

• Competitive base salary plus incentive plans for eligible team members

• 401(K) retirement plan that includes a company match of up to 6% of your eligible salary

• Free basic life and AD&D, long-term disability and short-term disability insurance

• Medical, dental and vision plans to meet your unique healthcare needs

• Wellness incentives

• Generous time off program that includes personal, holiday and volunteer paid time off

• Flexible work schedules and hybrid/remote options for eligible positions

• Educational assistance

Equal Opportunity Employer

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

• Know Your Rights: Workplace Discrimination is Illegal

• Your Rights Under USERRA

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact [email protected].

Employment Verification

The Mutual Group participates in the E-Verify program and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected from employment discrimination based on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

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