Selective Insurance Group Inc

Production Underwriter / Sr. Production Underwriter - Remote in the state of Colorado

Selective Insurance Group Inc$96K — $144K *
US-AnywhereRemote in Colorado, US
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Highly developed marketing skills
  • Entrepreneurial and hands-on mindset
  • Strong communication, negotiation, and presentation abilities
  • Self-motivated with exceptional organizational skills
  • Proficient in Microsoft Office Suite and business-related software
  • Results-driven with strong focus on goals
  • Valid state-issued driver's license in good standing

Responsibilities

  • Collaborate with agents to secure new profitable business and meet agency targets
  • Market and underwrite small to large accounts while adhering to company standards
  • Make consistent underwriting decisions and maintain efficient communication via digital platforms
  • Monitor agency performance and assist agents in business growth and compliance
  • Build professional relationships with agents and corporate teams
  • Facilitate open communication and encourage usage of Selective systems
  • Stay informed on industry trends and competitor strategies
  • Support regional needs, including training and underwriting assistance

Benefits

  • Comprehensive health care plans
  • Retirement savings plan with company match
  • Discounted Employee Stock Purchase Program
  • Tuition assistance and reimbursement
  • 20 days of paid time off
Full Job Description
Overview

Serves as a liaison between the company and agents and acts as a relationship manager for our agents, regional underwriting team and corporate departments. May work with agents in unsupported territories with a focus on key agent new business submission activity and/or with agents who prefer digital interaction. Serves as a backup for open territories as needed for both AMS and Small Business Underwriters. Assess the strengths and weaknesses of agents and assists them in achieving a mutual goal of profitable growth in both volume and policy count. Ensures that agents are familiar with and use Selective's initiatives, products, policies, procedures and services. Position is primarily inside-office based with primary contact via phone and email. May travel occasionally to meet with key agency partners. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities

  • Works with agents to write new profitable business and achieve agency goals. Ensures continuity when vacancies occur and ensures a high level of satisfaction and agency support. Assist busy AMS with overflow.
  • May market and underwrite small business and large accounts according to acceptable underwriting criteria, proper classification, and adherence to company underwriting standards and philosophy.
  • Makes consistent underwriting decisions, adheres to company pricing philosophies and promotes ease of doing business with Selective. Provides excellent communication and service via digital technology.
  • Monitors agency results and follows up with agent on new business opportunities, growth/profitability/share of wallet and compliance with company's initiatives, procedures, and policies. Provides leadership in finding solutions to problems and ways to exploit opportunities.
  • Develop professional working relationship with agent, regional underwriting, claim teams, and corporate departments.
  • Keeps two-way communication between agent and company continuously open and viable and encourages agent usage of all Selective systems, including CLAS, PLUS and e-Select.
  • Keeps abreast of industry developments, new ideas, products, or changes in other carrier philosophies that could positively or adversely affect Selective.
  • May assist with other needs within the region, such as assisting with book roll opportunities, training, or with coverage on the small business or large accounts underwriting teams.
  • May be responsible for limited automobile travel to assigned agents. Car travel may represent 5% of employees' time.

Qualifications

Knowledge and Requirements
  • Highly developed marketing skills.
  • Entrepreneurial and hands-on approach.
  • Demonstrated superior communication, negotiation & presentation skills.
  • Must be a high achiever with superior organizational skills who is self-motivated, pro-active, flexible, and able to work independently.
  • Must be able to maximize technology to ensure high productivity (must be proficient with Microsoft Word, Excel, PowerPoint and all internal business-related software).
  • Strong focus on results.
  • Must have valid state-issued driver's license in good standing and be able to drive an automobile.


Education and Experience
  • College degree preferred.
  • 6+ years of underwriting experience.
  • 3 years Agency Management experience preferred.

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $96,000.00 - USD $144,000.00 /Yr.

About Selective Insurance Group Inc

Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies. The company provides insurance products and services to businesses, non-profit organizations, and individuals. Selective Insurance Group has been in business for over 90 years and has a strong reputation for customer service and financial stability. The company is headquartered in Branchville, New Jersey, and has over 2,450 employees. Selective Insurance Group is committed to giving back to the communities where it operates and has a strong focus on corporate social responsibility. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SIGI.
Learn more about Selective Insurance Group Inc
Size
2,440 employees
Market Cap
$5.4 billion
Industry
Net Income
$246.3 million
Founded
1926
5 Year Trend
+6.9%
Revenue
$2.9 billion
NASDAQ

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