Senior Insurance Underwriter - (Hybrid)
DescriptionAt Selective, we don't just insure uniquely, we employ uniqueness Our Business Selective is a midsized U.
Sdomestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years.
Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year Working at Selective At Selective, we don't just insure uniquely - we employ uniquenessEmployees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared successTogether, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal lifeThese benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plansAdditional details about our total rewards package will be provided during the recruiting process Selective is seeking a Senior Underwriter who handles the daily service demands of our agents in support of individual and team goals and requires a thorough understanding of coverage, products, underwriting system transactions, and State specific LOB filingsWorks independently within a letter of authority issued by the underwriting supervisor on assignments of high complexity, hazard grade, and premium
Essential Functions:
Underwrite and process assigned renewal policies, which includes applying knowledge of coverage forms, rating plans and guidelines in the selection and pricing of individual risks, change requests, and open communication with internal and external customersEnsure adequate pricing of individual risks through proper classification, Knowledge Management/Predictive Modeling, accuracy of information and adherence to company underwriting standards and philosophyRefer all outside authority level to the appropriate level Answer incoming calls from agents responding to inquiries on coverage, and making adjustments to policy information based upon prescribed authorityConduct outbound calls and follow-up work to agents required to close out inquiry/transactionConduct agency visits as required Work within specific authority level to quote, accept, decline, modify and renew risks within territorial assignment in accordance with accepted underwriting guidelinesWork in collaboration with Agents, AMS, team members and other departments to grow and maintain a profitable book of business Provide guidance to internal and external customers regarding various underwriting informationEffectively communicate underwriting decisions and appetite to internal and external customersReinforce the ease of doing business with Selective by meeting or exceeding customers' expectations and service quality on a consistent basis Develop and maintain effective working relationships with the following:
internal and external customers, manager, peers and agentsCommunicate openly and in a timely fashionParticipate in the development of individual and team goals and work diligently to achieve themSupport all team decisions Conduct continuous profit and growth analysis by territory and agency as assignedMonitor premium retention with the use of electronic reporting tools May provide CLAS coverage and system training to both internal & external customersMay provide line of business or product expertise to the departmentParticipate in training less experienced underwriters Increase renewal premium by cross-selling additional coverage, products or services Develops knowledge of industry information, products, and competitors KNOWLEDGE & REQUIREMENTS:
Demonstrate proficiency in usage of all supplied desktop tools, including the automated underwriting and email systems Ability to effectively communicate with internal and external customers/peers Ability to adapt to change as the company moves forward in its strategic vision Must have valid state-issued driver's license in good standing EDUCATION &
Experience:
College degree preferred 3-5 years of commercial underwriting experience preferred Salary Range for SrUnderwriter role:
$71,000.
00-$102,000.
00The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprintAdditional considerations include the candidate's qualifications and experience Selective is an Equal Employment Opportunity employerThat means we respect and value every individual's unique opinions, beliefs, abilities, and perspectivesWe are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing successBuilding a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusionWe expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions Selective maintains a drug-free workplace #LI-BB1 #LI-hybrid Recommended Skills Adaptability Communication Service Quality Telephone Call Reception Management Pricing Strategies Predictive Modelling Apply to this job.
Think you're the perfect candidate? Apply on company site Estimated Salary: $20 to $28 per hour based on qualifications.
Sdomestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years.
Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year Working at Selective At Selective, we don't just insure uniquely - we employ uniquenessEmployees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared successTogether, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal lifeThese benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plansAdditional details about our total rewards package will be provided during the recruiting process Selective is seeking a Senior Underwriter who handles the daily service demands of our agents in support of individual and team goals and requires a thorough understanding of coverage, products, underwriting system transactions, and State specific LOB filingsWorks independently within a letter of authority issued by the underwriting supervisor on assignments of high complexity, hazard grade, and premium
Essential Functions:
Underwrite and process assigned renewal policies, which includes applying knowledge of coverage forms, rating plans and guidelines in the selection and pricing of individual risks, change requests, and open communication with internal and external customersEnsure adequate pricing of individual risks through proper classification, Knowledge Management/Predictive Modeling, accuracy of information and adherence to company underwriting standards and philosophyRefer all outside authority level to the appropriate level Answer incoming calls from agents responding to inquiries on coverage, and making adjustments to policy information based upon prescribed authorityConduct outbound calls and follow-up work to agents required to close out inquiry/transactionConduct agency visits as required Work within specific authority level to quote, accept, decline, modify and renew risks within territorial assignment in accordance with accepted underwriting guidelinesWork in collaboration with Agents, AMS, team members and other departments to grow and maintain a profitable book of business Provide guidance to internal and external customers regarding various underwriting informationEffectively communicate underwriting decisions and appetite to internal and external customersReinforce the ease of doing business with Selective by meeting or exceeding customers' expectations and service quality on a consistent basis Develop and maintain effective working relationships with the following:
internal and external customers, manager, peers and agentsCommunicate openly and in a timely fashionParticipate in the development of individual and team goals and work diligently to achieve themSupport all team decisions Conduct continuous profit and growth analysis by territory and agency as assignedMonitor premium retention with the use of electronic reporting tools May provide CLAS coverage and system training to both internal & external customersMay provide line of business or product expertise to the departmentParticipate in training less experienced underwriters Increase renewal premium by cross-selling additional coverage, products or services Develops knowledge of industry information, products, and competitors KNOWLEDGE & REQUIREMENTS:
Demonstrate proficiency in usage of all supplied desktop tools, including the automated underwriting and email systems Ability to effectively communicate with internal and external customers/peers Ability to adapt to change as the company moves forward in its strategic vision Must have valid state-issued driver's license in good standing EDUCATION &
Experience:
College degree preferred 3-5 years of commercial underwriting experience preferred Salary Range for SrUnderwriter role:
$71,000.
00-$102,000.
00The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprintAdditional considerations include the candidate's qualifications and experience Selective is an Equal Employment Opportunity employerThat means we respect and value every individual's unique opinions, beliefs, abilities, and perspectivesWe are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing successBuilding a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusionWe expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions Selective maintains a drug-free workplace #LI-BB1 #LI-hybrid Recommended Skills Adaptability Communication Service Quality Telephone Call Reception Management Pricing Strategies Predictive Modelling Apply to this job.
Think you're the perfect candidate? Apply on company site Estimated Salary: $20 to $28 per hour based on qualifications.
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