United Fire Group

Sr Production Underwriter

United Fire Group$86K — $152K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Four-year college degree preferred
  • Completion of or working towards AU, CIC, and/or CPCU designations preferred
  • 5+ years commercial lines underwriting experience preferred
  • Advanced risk evaluation skills and insurance contract knowledge
  • Proven ability to establish trust with stakeholders

Responsibilities

  • Underwrite complex new and renewal business profitably
  • Achieve production goals within assigned territory
  • Manage and mentor team members, providing guidance
  • Collaborate with internal partners to ensure optimal stakeholder management
  • Represent UFG's underwriting capabilities in the marketplace

Benefits

  • Medical, dental, and vision coverage
  • 401k plan
  • Cash-balance pension
  • Discretionary Time Off (DTO)
  • Paid holidays
  • Annual bonus based on performance
Full Job Description
The Sr. Production Underwriter is a multi-line, multi-industry underwriter responsible for attracting and underwriting middle market business, deploying effective account management while fostering strong working relationships with agency partners. This role executes underwriting strategy to achieve profit and premium plans. The Sr. Production Underwriter will handle a renewal book in their territory as assigned. This role assists with the resolution of escalated issues, and mentors and coaches team members.

Responsibilities:
  • Profitably underwrite complex new and renewal business through risk selection, pricing, contractual integrity, and account management, in accordance with delegated authority, and ensuring regulatory compliance.
    • Demonstrate critical thinking in assessing the risk and identifying exposures and controls.
    • Price risk commensurate with exposures and controls.
    • Set appropriate terms and conditions to deliver a profitable portfolio
    • Document assigned files with underwriting thought process.
    • Serve as a subject matter expert to assist team members with complex risks.
  • Through effective portfolio management skills, achieve profit and premium plans for prescribed business unit strategies.
  • Achieve production goals within assigned territory
    • Responsible for marketing, which includes both in-person and virtual sales calls with agencies and insureds.
    • Prospecting and developing a strong pipeline of new business opportunities.
    • Develop and maintain successful relationships with producers and agencies.
  • Represent UFG in the marketplace, articulating the company's capabilities in underwriting, risk control, and claims, across all business units at UFG.
  • Collaborate with Business Unit and Line of Business underwriting, Sales and Distribution, Underwriting Center, Underwriting Support, Risk Control, Legal, Claims, and other internal partners to ensure optimal stakeholder management.
  • Complete agency reviews, capturing appropriate intel around market opportunities. Provide feedback to management on the current state of the marketplace, agencies, and competition.
  • Mentor and train team members, acting as a resource for the team to answer questions, resolve escalated issues, and provide guidance.
  • Represent the field underwriter perspective in key corporate initiatives and projects.
  • Support and participate in the deployment of technical underwriting training/content.

Qualifications:

Education:
  • Four-year college degree preferred.
  • Completion of or working towards AU, CIC and/or CPCU designations preferred.

Experience:
  • 5+ years commercial lines underwriting experience preferred.

Knowledge, skills & abilities:
  • Advanced risk evaluation skills and insurance contract knowledge.
  • Capability to execute current underwriting strategy for assigned territory to make effective underwriting decisions.
  • Strong leadership skillset to include ability to mentor, coach, and train.
  • Ability to work in a fast-paced environment while prioritizing and completing work efficiently and effectively.
  • Excellent customer service skills.
  • Effective stakeholder management skillset to include ability to establish high degree of trust with internal and external partners.
  • Analytical and problem-solving skills with an affinity for detailed accuracy.
  • Advanced communication and negotiation skills.
  • Strong time-management skills with the ability to meet deadlines and effective dates.
  • Advanced knowledge of agency force and current market environment.
  • Excellent sales skills, with proven track record of growing a profitable book of business.

Working Conditions:
  • General office conditions; remote, in-person, and hybrid options determined by manager.
  • Travel required, as per assigned book of business and territory.
  • Driver's license and acceptable MVR required.

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and skills required. Additional tasks and requirements may be assigned, as necessitated by business need. UFG retains the right to modify the description of this job at any time.

Compensation and Benefits:

UFG pays on a geographic salary structure commensurate with skills, credentials and experience of the candidate. The salary range listed of $86,000 - $152,000 is the standard pay structure. Roles in various locations (such as California) may provide an increase on the standard pay structure based on location.

This position is also eligible for an Annual Bonus based on Company/Individual Performance and is at company discretion. Full-time employees are eligible to receive benefits including medical, dental, and vision coverage: 401k, Cash-balance pension, Discretionary Time off (DTO), paid holidays and more.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

About United Fire Group

United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal insurance products, including auto, property, and casualty insurance, as well as other specialty insurance products. It also provides reinsurance for other insurers' property and casualty products. The company markets its products through a network of independent agencies.
Learn more about United Fire Group
Size
1,086 employees
Market Cap
$706.2 million
Industry
Net Income
-$112.7 million
Founded
1946
5 Year Trend
+1.4%
Revenue
$1 billion
NASDAQ

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