Director of Commercial Underwriting & Processing

Michigan Farm Bureau Family of Companies

$100K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in insurance, risk management, business, or equivalent experience.
  • Minimum ten years in insurance underwriting or fifteen years in a related field.
  • API or AU underwriting designation required.
  • CPCU certification required or to be completed within 24 months of hire.
  • Demonstrated knowledge of commercial property/casualty insurance lines.

Responsibilities

  • Develop, implement, and review Commercial Underwriting & Processing guidelines and risk tolerances.
  • Communicate underwriting guidelines to Commercial Division staff and agency partners.
  • Ensure proper risk rating and monitor business books for pricing integrity.
  • Establish service time and quality standards for underwriting processes.
  • Develop and implement processes to meet established service standards.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • 401K retirement plan with company match.
Full Job Description
OBJECTIVE

Director of Commercial Underwriting & Processing Objective

To develop, implement and monitor the corporation's Commercial Underwriting & Processing policies. To assure Underwriting & Processing policies are consistent with corporate profit and service objectives and with regulatory and legislative requirements. To provide leadership at the team and sub-team levels for corporate projects. To assist in developing strategies which drive growth and profitability. To oversee the administration of the Commercial Underwriting & Processing functions for the commercial property/casualty lines of business.

RESPONSIBILITIES

Director of Commercial Underwriting & Processing Responsibilities

Develop, implement, and regularly review Commercial Underwriting & Processing guidelines and risk tolerances that support corporate objectives and philosophy. Communicate the guidelines to Commercial Division staff and the agency force.

 

Assure proper rating of risks and monitor books of business to assure pricing integrity.

 

Establish service time and quality standards. Develop processes to ensure these standards are met.

QUALIFICATIONS

Director of Commercial Underwriting & Processing Qualifications

Required

Bachelor’s degree required with major in insurance, risk management or business preferred or equivalent experience may be considered.

 

Minimum ten years insurance background in underwriting or minimum fifteen years background in related field.

 

API or AU underwriting designation required.

 

CPCU certification required or must be completed within 24 months of hire.

 

Note: Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.

 

PM19

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