Nonprofit Human Services Underwriting Specialist
The Mutual Group · Des Moines Metropolitan Area · 5 mo ago
Finance$90k–$130k/yrFull-time
About the role
Average annual base salary range: $90,000 - $130,000, depending on experience, qualifications, and geographic location.
Responsibilities
- Analyze, select, and profitably price business with prescriptive terms and conditions of coverage.
- Examine inspection reports, location, risk, financial and other available tools and reports to identify new or unresolved concerns.
- Communicate with Risk Control for inspections, follow-ups, and service needs for insureds.
- Drive corrective action or remediation strategies on renewal accounts.
- Underwrite renewals referred by the underwriting assistant as well as renewals over $35,000, working to achieve required rate change goals as outlined by management.
- Discuss and issue nonrenewals as needed.
- Escalate referrals, in a timely manner, on accounts that need additional review or approval by higher-level underwriters.
- Adhere to service expectations and regulatory compliance by the timely release of renewals, non-renewals, and conditional notices.
- Accountable for achieving key performance indicators of the portfolio including:
- Developing and furthering successful relationships with distribution partners within the portfolio.
- Making regularly scheduled portfolio review calls.
- Maintaining service standards for quality and timeliness.
- Coordinating with distribution team to build pipeline, resolve issues, concerns, or conflicts, and oversee change management.
- Communicating regularly with portfolio team members on the health of assigned agencies and market conditions that could impact the portfolio.
- Cultivating agency relationships through daily interactions and in-person visits throughout the year; collaborating with the distribution team on cultivating agency relationships and new business opportunities.
Qualifications
- Bachelor’s degree or equivalent work experience.
- 5+ years of underwriting all commercial lines (Commercial Property, General Liability, Professional Liability, Worker's Compensation, Crime, Commercial Auto, Umbrella, etc).
- Prefer Nonprofit Human Services and Education underwriting experience.
- Excellent communication skills both in writing and verbal.
- Ability to analyze and make decisions in a timely manner.