Specialty Underwriter

The role involves managing a profitable insurance portfolio, evaluating complex specialty accounts, and collaborating with agents and leadership to grow business and improve customer experience. It requires underwriting expertise, strong communication skills, and regional travel.

Location: Region-restricted to NE, WY, UT, CO, or SD.

Salary: $92,670 - $128,045 or $102,443 - $140,845

Responsibilities

• Manages the selection, growth, and maintenance of a profitable portfolio within an assigned territory within assigned underwriting authority.
• Conducts comprehensive evaluations of moderately complex specialty accounts, including diverse business operations within the Specialty Unit and multiple lines of coverage, to determine appropriate risk selection and pricing.
• Assesses exposure levels and evaluates the risk characteristics compared to the business unit UW guidelines, analyzing loss history, financial data, motor vehicle records, supplemental applications, loss control reports, and other UW tools like price guidance and premium audits.
• Collaborates with Program Managers to identify the training needs of our agents and helps to coordinate those sessions.
• Educates agents on Specialty programs, underwriting appetite, systems, and services.
• Visits agencies to discuss accounts and provide agents with updates in the Specialty Unit to maximize opportunities.
• Communicates with agents proactively and anticipates agents and insureds’ needs.
• Identifies opportunities and potential barriers within agency relationships.
• Collaborates with sales & marketing representatives to ensure agents receive superior customer experiences and select EMC as their insurer of choice.
• Collaborates with leadership in the agency planning process for the Specialty Unit.
• Monitors progress of assigned agents and guides agents in achieving annual goals.
• Seeks feedback from agents and takes action to improve their experience and grow strong books of business.
• Researches industry changes, competition, target markets, and new products.
• Answers questions, shares recommendations for complex situations, communication strategies, or problematic agency relationships and explains the rationale for recommendations.
• Supports underwriting management through reviewing work of less experienced underwriters and providing training.

Requirements

• Bachelor's degree, preferably in insurance or business administration or equivalent relevant experience
• Four years of commercial lines underwriting experience
• Experience in specialty segment classes (transportation, petroleum marketers, dealerships, telecommunications, amusement/recreation) preferred
• Insurance designations, such as CPCU preferred

Additional Information

• The position is region-restricted to NE, WY, UT, CO, or SD.
• The salary range varies based on location and experience, with specific ranges provided.
• Travel is occasionally required, with a valid driver’s license and acceptable motor vehicle report needed if traveling.
• Employment practices comply with anti-discrimination laws.
• All locations are tobacco-free.