EMC Insurance Companies

Underwriting Associate

EMC Insurance Companies

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $23 - $35 per hour

Job Level

JuniorMid-Level

About the role

  • Prepares and approves renewals within authority limits, focusing on long-term profitability, retention, and pricing goals
  • Reviews account details (coverage, claims history, updates) and assesses risk profiles for renewal eligibility
  • Prepares information for accounts outside authority limits for underwriter review
  • Communicates with agents and collaborates with underwriters to manage the agency book of business effectively
  • Ensures proper file documentation
  • Builds and maintains strong relationships with agents through regular interactions (meetings, calls, written communication)
  • Provides excellent customer service to promote renewal retention
  • Addresses agents' concerns and resolves issues collaboratively with internal teams
  • Reviews, underwrites, and approves endorsements within authority limits
  • Provides endorsement quotes and evaluates associated risks (policy coverage, loss history, claims data)
  • Determines if additional information is needed for accurate decisions
  • Handles reinstatements, cancellations, and policy billing inquiries
  • Assists with tasks like ordering reports, reviewing drivers, and completing monthly projects
  • Collaborates with underwriters and territory management teams to understand risk appetite and utilize resources effectively

Requirements

  • Associate degree or equivalent relevant experience
  • One year of insurance industry experience or related experience
  • Bachelor’s degree may be considered in lieu of the insurance industry experience requirement
  • Attention to detail and accurate data entry skills
  • Good personal computer skills with proficiency in Microsoft products
  • General knowledge of insurance terminology
  • Good problem-solving and decision-making skills
  • Excellent customer service and communication skills
  • Strong organizational and time management skills
  • Strong negotiation skills
  • Ability to work in a team setting as well as independently
  • Occasional travel; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving