Crop Associate Underwriter (Peoria, IL)
Great American Insurance Group · Peoria, IL · 3 days ago
Finance$40k–$65k/yrFull-time
About the role
The Crop Division of Great American is seeking an Associate Underwriter to join their team in Peoria, IL. The role's level, Associate Underwriter I – IV, will be based on the candidate's experience and qualifications.
Responsibilities
- Applies rules and guidelines, insurance laws, and regulations.
- Reviews, documents, and/or underwrites new and renewal policy transactions within written authority.
- Enters policy information on an assigned product, territory and / or agency in accordance with RMA procedure.
- Proofs / audits policy information on an assigned product, territory and/or agency(ies).
- Reviews premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
- Reviews insurance applications and other risk documentation.
- Reviews underwriting requirements and refers applications, endorsement requests, or other correspondence for further underwriting analysis when outside of written authority.
- Gathers information on new and renewal business and change requests to support underwriter decision making.
- Orders, reviews, and takes appropriate action on required reports, endorsement requests, service requests, and general correspondence.
- Analyzes individual risk pricing for new business submissions and renewals within written authority.
- Maintains data integrity and avoids potential systemic issues by monitoring entry / processing.
- Communicates with agents and customers to obtain information needed to underwrite risks and address issues.
- Researches and responds to questions from agents.
- May provide support to underwriter(s).
- Organizes the underwriting information to speed decision making on the part of the underwriter.
- May include "template" policy review and actions such as endorsement within assigned authority level.
- Provides information that is needed to issue policies and endorsements on a timely basis.
- Performs other duties as assigned.
Requirements
- Crop insurance experience is preferred, but not required.
- Education: Associates Degree in Business, Finance, or a related field or equivalent experience.
Benefits
- Competitive pay rates.
- Medical, dental, and vision plans (must be full time).
- Excellent 401(k) plan.
- 19 days of paid time off accrued, plus 8 paid holidays per year (must be full time).
- Employee wellness programs and more.
Pay
$40,000.00 - $65,000.00
Schedule
On-site four days a week, with the flexibility to work one day remotely. Core in-office days are Tuesday–Thursday, with the fourth day determined by business needs.