Job Posting for Underwriting Specialist at United Fire & Casualty Co
UFG is currently hiring for a Underwriting Specialist to work with our team in Cedar Rapids, IA. As an Underwriting Specialist you will be responsible for analyzing insurance data, entering statistical information and computing premiums required for all commercial insurance lines of business and assisting the underwriting team in the processing of new application, renewals, endorsements and cancellations. This will all be done using our automated in-house system to generate a legal contract for the insured. This position requires accurate and analytical skills working in a team environment. The primary goal is to produce a quality policy to insureds and agents.
Responsibilities:
Complete Phase I & II of in-house training and mini seminars
Enter accurate statistical information into the various computer systems from written or typed correspondence. This will create the legal contract with applicable forms, coverage, and premiums
Complete initial entry for applications and quotes, update renewals, change requests, cancels and reporting forms
Assist underwriters with information gathering and written correspondence by obtaining information needed for underwriting decisions
decide what needs to be referred to the underwriter, per guidelines and authority level by reviewing renewals, quotes, applications, change requests, driver’s lists
Write or call agents for additional or missing information
Conduct ImageRight file setup and complete quality control audits
Distribute incoming tasks multiple times a day and forward to appropriate team member
Handle overflow phone calls from agents and insured
Maintain regular communication with Support Staffing Supervisor
Perform other duties as assigned
Qualifications
Education:
High school diploma or GED required
Two or four-year college degree or equivalent work experience preferred
General insurance designation and/or other applicable property and casualty insurance coursework/designations are a plus
Institute Insurance Classes: AINS320, AINS21, AINS22, AINS23.
Experience:
Commercial Lines insurance experience or equivalent rating experience is a plus
General office and/or finance experience preferred
Knowledge, skills & abilities:
Organization and decision-making skills needed
Knowledge of internal systems and programs
Ability to be confidential and maintain privacy
Strong organizational and communication skills, both written and verbal
Good memory retention levels
Must be versatile flexible to change focus as workflow and projects require
Ability to organize, prioritize, document, and communicate status of projects and tasks
Ability to provide excellent customer service
Attention to detail; accuracy and strong record keeping skills; accurate computer and typing skills are essential
Salary.com Estimation for Underwriting Specialist in Rapids, IA
$62,505 to $77,729
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