What are the responsibilities and job description for the Production Underwriter - Workers' Compensation position at Opportunities at MEMIC?
We are looking for a Production Underwriter to help us continue to grow our Middle Market book of business in New Jersey. The ideal candidate will be located in New Jersey or the Greater Philadelphia area and be willing to travel throughout the state of New Jersey to meet with agents.
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.
This position is responsible for identifying areas of opportunity and growing new and renewal middle market workers’ compensation business by developing and maintaining long-lasting relationships with independent agents and brokers across a defined geographic region.
- Solicit, identify and evaluate performance and profitability of insurance submissions from independent agents and brokers within the assigned region.
- Responsible for underwriting and pricing accounts in accordance with MEMIC’s underwriting standards, personal underwriting judgment, and underwriting authority level.
- Gather and analyze market data and competitive information for new markets and new business relationships.
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)
- 10 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
- Fitness reimbursement
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.
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