UFG Insurance

Underwriting Associate – Specialty

UFG Insurance

full-time

Posted on:

Location Type: Remote

Location: IowaUnited States

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Salary

💰 $60,000 - $78,000 per year

Tech Stack

About the role

  • Assist with underwriting insurance risks in accordance with the business plan and delegated authority to meet business objectives
  • Ensure compliance with internal and external regulations and guidelines
  • Provide technical underwriting and administrative support to the underwriting staff
  • Gather information, prepare file documentation, collaborate with internal partners
  • Assist underwriters with agent interactions
  • Analyze underwriting information to triage, prepare and respond to quotes, renewals, and policy endorsements or inquiries
  • Apply underwriting guidelines and ensure compliance with all company filings, rules, and regulations
  • Underwrite and process all endorsement requests
  • Execute pricing strategy and document pricing decisions
  • Identify and execute opportunities to upsell and cross-sell UFG coverages and products
  • Document assigned files with quality underwriting information
  • Screen new business submissions for assigned underwriter(s)
  • Provide comprehensive analysis and underwriting recommendations to the Underwriter when decisions are beyond assigned authority
  • Provide clear direction to Support Staff for policy changes, renewals, and quote entry
  • Work as a liaison between partner departments to resolve issues at a policy level
  • Seek agency engagement to obtain missing information or clarify policy needs
  • Foster a collaborative working relationship with assigned underwriters to partner in achieving KPI metrics.
  • Identify risks that require reinsurance and risk control services
  • Actively assist with the review and analysis of the portfolio to ensure progress toward key business objectives.

Requirements

  • High school diploma or equivalent
  • Associate or bachelor’s degree in a related field preferred but not required
  • 3 years of commercial property and casualty insurance experience preferred.
  • Knowledge of coverage forms & endorsement used in policy construction.
  • Efficiently utilize internal tools, resources, and administrative systems (Risk Selection & Line of Business Manual, Reference Connect, Guidewire, LC360, etc.) for effective decision making.
  • Stay current on underwriting strategy, regulations & trends for assigned territory to make effective underwriting decisions.
  • Be solution oriented.
  • Take ownership of successful outcomes.
  • Strong commitment to quality.
  • Strong time management skills with the ability to meet deadlines and effective dates.
  • Display adaptability & flexibility to meet customer needs.
  • Ability to establish a high degree of trust for internal and external customers.
  • Demonstrate ability to apply knowledge to solve issues proactively and think analytically.
Benefits
  • Annual incentive compensation
  • Medical, dental, vision & life insurance
  • Accident, critical Illness & short-term disability insurance
  • Retirement plans with employer contributions
  • Generous time-off program
  • Programs designed to support the employee well-being and financial security.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
underwritingrisk analysispolicy constructionpricing strategycommercial property insurancecasualty insuranceendorsement processingregulatory complianceKPI metricsrisk control
Soft Skills
solution orientedownershipcommitment to qualitytime managementadaptabilityflexibilitytrust buildinganalytical thinkingcollaborationcommunication