Commercial Underwriter jobs in the United States

Stonetrust Commercial Insurance Company is looking for an experienced Underwriter- Renewal Policies.

Company Information:

At Stonetrust, it is our goal to be the “First Choice” workers’ compensation carrier in all of the markets we serve, and we are dedicated to being a professional and reliable partner to our policyholders and agents by working with them to increase workplace safety, minimize accidents, and reduce claim costs.

Our headquarters are in Baton Rouge, Louisiana, and we provide workers’ compensation coverage to businesses in Louisiana and eleven other states in the southern mid-western region.

We have seen many changes since our start as a self-insurance fund in 1993, and we are proud to have grown to be an A- rated carrier. How did we get here? It's simple – we are a relationship-focused company that cares about people.

To learn more about Stonetrust, please visit www.stonetrustinsurance.com

The position may be filled as a Senior Renewal Underwriter depending on experience.

Position Summary:

The Renewal Underwriter will be primarily responsible for policy renewals as well as provide support to the production underwriting team. Monitors and maintains an UW book of business to achieve premium volume/retention targets and loss ratios consistent with company goals and objectives. Responds promptly to resolve issues or problems to deliver world-class service while adhering to business service level standards. Ensures policies are coded properly and priced in accordance with company underwriting/pricing guidelines.

The position reports directly to the Underwriting Operations Manager.

Essential Functions:

• Analyzes exposures and makes underwriting decisions regarding continuation of coverage and pricing.
• Analyzes policies and endorsements to ensure all information presented is accurate with no errors, omissions, or discrepancies.
• Reviews all assigned policies prior to renewal dates and ensure classifications are accurate.
• Evaluates all policy activity including loss prevention reports and audits as part of the renewal pricing analysis.
• Prices renewal business according to company underwriting and pricing guidelines and ensures standards of timeliness are met.
• Develops on-going relationships with agents as well as works with agents & insureds to resolve audit disputes and classification revisions.
• Provides excellent customer service in accordance with departmental service standards.
• Adheres to all underwriting guidelines and consistently achieves policy technical standards.
• Review and responds to loss activity for each policy in assigned territory.
• Identifies problems or potential problems with renewal policies and works with agent on appropriate resolutions.
• Reviews and responds timely to all requests for cancellation, endorsements, etc.
• Requests additional documentation necessary for the processing of renewal policies.
• Performs other related duties as assigned or reassigned by supervisor.
• Maintain compliance with all department and company policies and procedures.

Knowledge, Skills, and Abilities:

• Proficient use of MS Office Suite and utilizing underwriting software/databases.
• Outstanding interpersonal skills with the ability to establish trust for effective working relationships with agents and customers.
• Strong critical thinking skills with the ability to analyze available information to make timely decisions.
• Excellent organizational skills with an attention to detail.
• Knowledge of state applicable Workers Compensation rules and regulations, NCCI rules and its application to underwriting.
• Knowledge of departmental regulations and policies.
• Must be able to work under pressure and meet deadlines while maintaining a positive attitude and providing exemplary customer service.
• Ability to work independently and to carry out assignments to completion within the parameters of instructions given, prescribed routines, and standard accepted practices.

Training and Experience/Minimum Qualifications

• Bachelor’s degree preferred.
• 2- 4 years relevant underwriting experience.
• Experience in rating methodologies, classifying risks, analyzing risk characteristics and interpreting statutory elements within a particular state.
• Previous experience in standard underwriting practices and procedures.
• Professional insurance designations (Agent, CIC, CPCU) a plus.

Working Conditions

• Normal office environment. May be filled as a remote position.
• May visit agents and attend various industry functions.
• Ability to safely and successfully perform the essential job functions consistent with all federal, state and local standards.
• Ability to meet qualitative and/or quantitative productivity standards.
• Ability to maintain regular, punctual attendance.

Job Type: Full-time

Pay: $55,000.00 - $95,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical Setting:

• Office

Schedule:

• Monday to Friday

Work Location: In person