What are the responsibilities and job description for the Commercial Lines Field Underwriter (Virginia) position at Grange Insurance?
Job Details
Description
If you're excited about this role but don’t meet every qualification, we still encourage you to apply! At Grange, we value growth and are committed to supporting continuous learning and skill development as you advance in your career with us.
Summary: This position is responsible for achieving growth and profit objectives by appropriate risk selection, book management, business development and agency management.
What You’ll Be Doing
Underwriting – Select and price risks for profit and growth.
Bachelor’s degree or CPCU designation or comparable education and experience plus three or more years commercial multiple lines underwriting experience preferred. Must possess excellent communication, decision-making, sales and negotiation skills, PC skills and work management skills, and the ability to complete multiple tasks within set deadlines and should be willing to continue learning and updating skills. Significant travel is required to develop effective agency relations. Must be a self-starter and be able to work independently in a remote setting. Must be located in the current market or surrounding area.
About Us
Grange Insurance Company, with $3.2 billion in assets and more than $1.5 billion in annual revenue, is an insurance provider founded in 1935 and based in Columbus, Ohio. Through its network of independent agents, Grange offers auto, home and business insurance protection. Grange Insurance Company and its affiliates serve policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin and holds an A.M. Best rating of "A" (Excellent).
Grange understands that life requires flexibility. We promote geographical diversity, allowing hybrid and remote options and flexibility in work hours (role dependent). In addition to competitive traditional benefits, Grange has also created unique benefits based on employee feedback, including a cultural appreciation holiday, family formation benefits, compassionate care leave, and expanded categories of bereavement leave.
Who We Are
We are committed to an inclusive work environment that welcomes and values diversity, equity and inclusion. We hire great talent from various backgrounds, and our associates are our biggest strength. We seek individuals that represent the diversity of our communities, including those of all abilities. A diverse workforce's collective ideas, opinions and creativity are necessary to deliver the innovative solutions and service our agency partners and customers need. Our core values: Be One Team, Deliver Excellence, Communicate Openly, Do the Right Thing, and Solve Creatively for Tomorrow.
Our Associate Resource Groups help us create a more diverse and inclusive mindset and workplace. They also offer professional and personal growth opportunities. These voluntary groups are open to all associates and have formed to celebrate similarities of ethnicity/race, nationality, generation, gender identity, and sexual orientation and include Multicultural Professional Network, Pride Partnership & Allies, Women's Group, and Young Professionals.
Our Inclusive Culture Council, created in 2016, is focused on professional development, networking, business value and community outreach, all of which encourage and facilitate an environment that fosters learning, innovation, and growth. Together, we use our individual experiences to learn from one another and grow as professionals and as people.
We are committed to maintaining a discrimination-free workplace in all aspects, terms and conditions of employment and welcome the unique contributions that you bring from education, opinions, culture, beliefs, race, color, religion, age, sex, national origin, handicap, disability, sexual orientation, gender identity or expression, ancestry, pregnancy, veteran status, and citizenship.
Grange Enterprise is proud to be part of the CEO Action for Diversity and Inclusion™, a national initiative of more than 1400 CEOs working for the advancement of diversity and inclusion within the workplace.
Description
If you're excited about this role but don’t meet every qualification, we still encourage you to apply! At Grange, we value growth and are committed to supporting continuous learning and skill development as you advance in your career with us.
Summary: This position is responsible for achieving growth and profit objectives by appropriate risk selection, book management, business development and agency management.
What You’ll Be Doing
Underwriting – Select and price risks for profit and growth.
- Select new risks based on department guidelines within delegated authority utilizing appropriate forms, pricing and reinsurance where needed. File documentation should reflect logical thought process.
- Demonstrate understanding of risk exposure, classifications and price for exposure.
- Refer viable risks outside authority once pre-underwritten demonstrating sound judgment, decision making and file documentation.
- Possess knowledge of forms, coverage, rating plans, manuals and company position papers.
- In conjunction with Underwriting leadership, serve as an active participant in the quality review process
- In conjunction with Actuarial, implement pricing modeling and monitor performance to model. Assure underwriting actions align with the model by measuring and monitoring pricing by individual, territory and state.
- Maintain department service standards and respond to producer needs.
- Maintain technical proficiency
- Ensure that new and renewal business fits Company strategy and policies and that the underwriting process and procedures are aligned.
- Seek out new ways to improve the underwriting process.
- Develops and manages New Business pipeline to ensure a steady stream of business opportunities.
- Manages the production, profitability and relationships with all agencies in assigned territory.
- Develop and execute annual success and territory plans and monitor agency performance.
- Monitors agency results and follows up with agency as to both growth/profitability and compliance with company initiatives, procedures, risk appetite and policies. Analyzes quality, volume, mix of business and profit for assigned producers. Identifies trends in submission activity and works to meet production targets as established. Executes actions to achieve policy retention and pricing objectives. Participates in agency review process.
- In collaboration with the TSM, responsible for identifying and evaluating new agency prospects and developing new agencies in the fulfillment of Middle Market growth objectives.
- Serves as a resource to our agents, conducts underwriting, sales, product and process training for agencies and their staff.
- Responsible for agency travel to increase producer awareness of Enterprise underwriting appetites, philosophy and product offerings maximizing time with the right agencies.
- Record all agency management actions in CRM.
- Must be located in the current market (or surrounding area)
- Develops and implements territory plan to attract desired business and gain relevance with key agents.
- Mentors and guides less experienced underwriters.
- Monitors market conditions, develops competitive intelligence, and makes recommendations regarding new and/or existing products, programs, risk appetite and services.
Bachelor’s degree or CPCU designation or comparable education and experience plus three or more years commercial multiple lines underwriting experience preferred. Must possess excellent communication, decision-making, sales and negotiation skills, PC skills and work management skills, and the ability to complete multiple tasks within set deadlines and should be willing to continue learning and updating skills. Significant travel is required to develop effective agency relations. Must be a self-starter and be able to work independently in a remote setting. Must be located in the current market or surrounding area.
About Us
Grange Insurance Company, with $3.2 billion in assets and more than $1.5 billion in annual revenue, is an insurance provider founded in 1935 and based in Columbus, Ohio. Through its network of independent agents, Grange offers auto, home and business insurance protection. Grange Insurance Company and its affiliates serve policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin and holds an A.M. Best rating of "A" (Excellent).
Grange understands that life requires flexibility. We promote geographical diversity, allowing hybrid and remote options and flexibility in work hours (role dependent). In addition to competitive traditional benefits, Grange has also created unique benefits based on employee feedback, including a cultural appreciation holiday, family formation benefits, compassionate care leave, and expanded categories of bereavement leave.
Who We Are
We are committed to an inclusive work environment that welcomes and values diversity, equity and inclusion. We hire great talent from various backgrounds, and our associates are our biggest strength. We seek individuals that represent the diversity of our communities, including those of all abilities. A diverse workforce's collective ideas, opinions and creativity are necessary to deliver the innovative solutions and service our agency partners and customers need. Our core values: Be One Team, Deliver Excellence, Communicate Openly, Do the Right Thing, and Solve Creatively for Tomorrow.
Our Associate Resource Groups help us create a more diverse and inclusive mindset and workplace. They also offer professional and personal growth opportunities. These voluntary groups are open to all associates and have formed to celebrate similarities of ethnicity/race, nationality, generation, gender identity, and sexual orientation and include Multicultural Professional Network, Pride Partnership & Allies, Women's Group, and Young Professionals.
Our Inclusive Culture Council, created in 2016, is focused on professional development, networking, business value and community outreach, all of which encourage and facilitate an environment that fosters learning, innovation, and growth. Together, we use our individual experiences to learn from one another and grow as professionals and as people.
We are committed to maintaining a discrimination-free workplace in all aspects, terms and conditions of employment and welcome the unique contributions that you bring from education, opinions, culture, beliefs, race, color, religion, age, sex, national origin, handicap, disability, sexual orientation, gender identity or expression, ancestry, pregnancy, veteran status, and citizenship.
Grange Enterprise is proud to be part of the CEO Action for Diversity and Inclusion™, a national initiative of more than 1400 CEOs working for the advancement of diversity and inclusion within the workplace.
