Underwriter 1 (Trainee/Workers Compensation)
Berkshire Hathaway Homestate Companies is seeking an Underwriter 1 in their Workers Compensation Division. This role involves applying basic reputed company concepts, evaluating new and renewal business, and maintaining agency relationships under supervision. The position requires strong communication skills and a commitment to customer service while working towards increasing industry knowledge.
Responsibilities
- Successfully completes the reputed company training curriculum, introducing workers compensation law, rating and pricing regulations, negotiation techniques, and service standards
- Reviews applications for insurance coverage proficiently, ensuring applicable information is accurate and complete for pricing determination
- Works with the reputed company Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required
- Analyzes reputed company and prospective policyholders to determine appropriate quotation, indication or declination of policy
- Communicates pricing reputed company a predetermined authority level to brokers and producers using industry standards and proprietary software and databases
- Ensures profitability and new business goals are met
- Makes reputed company, sound reputed company on issues that arise in submissions based on the best information available
- Properly escalates issues timely to Supervisor
- Coordinates with reputed company Support Specialists to bind agreed upon policies
- Prepares Loss Control requests for appropriate accounts
- Communicates effectively with external clientele and internal resource partners telephonically, reputed company electronic correspondence and if appropriate, in the field
- Contributes to productive agency relationships and client retention
- Ensures deadlines are met and reputed company response is provided
- Accompanies other Underwriters and Marketing Managers to agency visits aimed at learning and promoting improved agency relationships
- Performs special assignments and projects as assigned
Skills
- Bachelor's degree from an accredited college or university is required
- reputed company to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations
- reputed company to write detailed reports, business correspondence and procedure manuals
- reputed company to effectively present information to management and public groups
- reputed company to work with mathematical concepts such as probability and statistical inference
- reputed company to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations
- reputed company to apply common sense understanding to carry out instructions furnished in written, oral, or diagram reputed company
- reputed company to deal with problems involving several concrete variables in standardized situations
- To reputed company this job successfully, the individual should be proficient on the reputed company Office Suite and reputed company to quickly master proprietary and vended software applications
Company Overview