Production Underwriter

Careers at MEMIC
Newark, NJ Remote Full Time
POSTED ON 4/2/2024

We are looking for a Production Underwriter to help us continue to grow our Middle Market book of business in New Jersey. This is a remote position with regular travel throughout the territory. 

The Mission of The MEMIC Group is to make workers' comp work better with compassion, trusted partnerships, and relentless commitment to workforce safety. The secret to the success and longevity of great organizations is their shared vision and strong values. At MEMIC our values are to be conscientious, to be an expert, to be a partner, to be curious and to be transparent.

The Production Underwriter is responsible for identifying areas of opportunity to develop and grow the MEMIC Express business segment by developing and maintaining long-lasting relationships with independent agents and brokers across a defined geographic region. The Production Underwriter will be responsible for the profit and production of the business segment within a defined territory.

  • Solicits, identifies and evaluates performance and profitability of insurance submissions from independent agents and brokers within the assigned territory.
  • Works closely with underwriting analyst to promote good underwriting service and underwriting quality.
  • Prospects and recruits new agencies and manages current agency performance.
  • Collaborates with Middle Market and Large Risk underwriting team members.
  • Conducts market research and recommends product and service ideas to maintain business segment competitiveness.

Requirements

  • Bachelor’s degree preferred.
  • CPCU or other insurance designation preferred.
  • Two years of technical underwriting experience in the property and casualty industry.
  • Highly developed marketing skills.
  • Entrepreneurial and hands-on approach.
  • Ability to travel extensively within defined territory.
  • Working knowledge of PC Applications, particularly Microsoft Office products including Excel, Outlook, and Word.
  • Ability to make timely decisions with appropriate information and consultation.
  • Independently exhibit initiative with strong focus on results.
  • Excellent analytical and problem-solving skills.

Our comprehensive benefits package includes all traditional offerings such as:

  • Health Insurance options, Dental Insurance options and Vision Insurance
  • Employee Life Insurance/AD&D and Dependent Life Insurance options
  • Short-term & Long-term Disability
  • Health Savings Account with potential employer match
  • Flexible Medical and Dependent Care Account
  • Accident Insurance
  • Critical Illness Insurance
  • Employee Assistance Program
  • Legal/Identify Theft Insurance options
  • Long Term Care Insurance
  • Pet Insurance
  • 401 (k) Retirement Plan with match up to 5%, plus profit sharing & discretionary contributions (subject to vesting)
  • 5 weeks of Paid Time Off (PTO)
  • 7 paid holidays

We also offer other benefits to help foster a healthy, balance lifestyle such as:

  • Flextime schedules
  • Paid Parental Leave
  • Student loan paydown and refinancing assistance
  • Educational assistance for job related courses, seminars, certifications or degrees
  • One paid day every year to volunteer for your non-profit of choice
  • On-site fitness center (Maine & Virginia) or fitness reimbursement
  • Subsidized parking
  • Sit-Stand desks & daily stretch breaks

MEMIC is committed to a policy of nondiscrimination and equal opportunity for all employees and qualified applicants without regard to race, color, religious creed, national origin, ancestry, age, disability, genetics, gender identity, veteran's status, sexual orientation, or any other characteristic protected by law. MEMIC is an equal opportunity employer encouraging diversity in the workplace. 

MEMIC's Job Applicant Privacy Notice

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