Work with wholesale placement teams and underwriting teams on specialty binding authority business. Accountable for policy formation, renewals, endorsement underwriting and issuance, bind request analysis, small policy underwriting review for third-party carrier excess/surplus business. Develop relationships with internal partners with a focus on efficiency and customer service.
Position Compensation Range:
Pay Rate Type:
Salary
Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.
Primary Accountabilities
- Underwrite renewals, less complex excess/surplus coverages and endorsements.
- Ensure that quotes and binders are confirmed in writing and policies are formed promptly following the binding authority guidelines and statutory and regulatory compliance.
Want more jobs like this?
Get jobs delivered to your inbox every week.
- Demonstrated experience providing customer-oriented solutions or service.
- Demonstrated experience using PC software applications (e.g. Microsoft Office, Internet Explorer, Outlook, Excel, etc.)
- Demonstrated experience underwriting or underwriting binding authority for commercial, excess and surplus or specialty personal lines products.
- Solid knowledge of state-specific regulations and system/procedural support for insurance or brokerage products such as excess/surplus products.
- Demonstrated experience using reference materials, reading policy language, and processing rules and procedures.
- Solid knowledge of excess/surplus policy formation, processing processes, terms and procedures.
- Demonstrated written and verbal communication skills.
- If unlicensed, provide proof of successful completion of the AD Banker On-Line Pre-Licensing Course for employee's resident state before 8:00am CT the Wednesday before start date or the offer will be rescinded. Proof of successful completion is: 1. A score of at least 90% on the comprehensive exam for resident states having this exam in their coursework, and/or 2. The certificate(s) of completion for resident states requiring a pre-licensing course.
- Resident state licensing exam(s) for property and casualty producer licenses within 30 days of hire.
- Property and casualty producer licenses for all operating and/or service states must be obtained within 60 days of hire.
- Required to maintain current, active license(s) status by continuing education and meeting all state, operating and regulatory requirements.
- Up to 5%.
- Work that involves sitting/standing.
- Not applicable.
In this flex office/home role, you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034;
#LI-Hybrid
We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!
We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.
We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.