Production Underwriter - Insurance

Production Underwriter

The Production Underwriter is responsible for underwriting and marketing accounts throughout approved states/territories. The Production Underwriter is a key part of the production underwriting capabilities of AmCom Insurance Services Inc. The Production underwriter will own the results of their book of business and will engage in activities tied to risk selection and to customer service. The Production Underwriter role can be filled by individuals with experience as account managers, or underwriters with experience on the carrier, MGA/MGU or agent side. As we grow, there will be additional personal and career development opportunities that can be aligned with your core capabilities and personal growth objectives in our underwriting, sales, marketing, data analytics or operation management teams. If you love to drive creative solutions, want to help people and want to be part of a dynamic team, please apply.

Production underwriter owns the results of their book of business and will be compensated on annual and long-term profitability.

A production underwriter maintains balance between distribution and risk selection to drive profitable growth.

A production underwriter understands how their book fits into the broader portfolio strategy.

A production underwriter has agent/broker relationships.

Engage in activities to close accounts

Lead in the education of the broker market on the products in a way that creates a need to buy, highlights our competitive differentiation, illustrate the need for service led products to grow the brand and facilitate the placement of new business with a particular focus on new relationships.

Raise the profile of AmCom within the broker community increasing the strength of relationships within the broker market to achieve a highly productive level of consistent, strong producer relationships over time.

Track metrics around broker engagements maintaining actions and follow ups from visits and share client and broker feedback on product with key stakeholders in a structured manner.

Ensure we remain front of mind of brokers by planning and engaging in regular virtual/face-to-face meetings while acting as a contact point for broker queries and product education engaging in appropriate communication via social media.

Structure tailor-made solutions by considering the team underwriting parameters and underwriting exposures leveraging underwriting knowledge and experience to win new business and retain existing.

Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary, to ensure long term profitability at account level.

Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability.

Assist in development of internal and external materials

Support business unit leadership with presentations and special projects as Centers of Expertise or as assigned.

Production Underwriter: Bachelor's Degree or 5-7+ years of production underwriting experience or equivalent work experience.

Production Underwriter: Bachelor's Degree or 2+ years of commercial underwriting experience or equivalent work experience.

Extensive experience in the insurance industry ideally within an underwriting, broking, relationship management or sales role

Effective relationship management skills with customer focused approach

Ability to develop tactical underwriting plan and execute on its implementation

Active listening and emotional intelligence

Proficient with MS Office including Excel skills

Able to communicate effectively with others, both verbally and in writing

Ability to manage time, meet deadlines, and prioritize to meet sales target

Willingness & ability to travel for agency visits, industry functions, training and seminars.

Problem solving focused, self-motivated, flexible and enthusiastic