Underwriter

First Benefits Insurance Mutual, Inc. / First Benefits Underwriters, LLC

P.O. Box 1951

Raleigh, North Carolina 27602

Who we are: https://firstbenefits.org/

Position: Underwriter/Broker

Compensation: $65,000-$85,000 base plus quarterly/performance bonus

First Benefits Insurance Mutual, Inc., a Raleigh-based Workers’ Compensation insurance company writing business in NC, SC, GA, KY & VA. First Benefits Underwriters, LLC, is a joint venture in partnership with First Benefits Insurance Mutual, Inc., providing wholesale and E&S insurance solutions to independent agencies in the Southeast. These two companies are collectively referenced herein as First Benefits.

First Benefits is hiring an Underwriter/Broker to join its growing team in Raleigh. We are seeking a growth-minded individual that can work within an agile framework and provide Underwriting experience across multiple-lines of coverage to support both First Benefits’ insurance company and its in-house wholesale brokerage.

Along with a competitive base salary and bonus program, First Benefits also provides health, dental & vision insurance, generous paid time off including holidays, vacation days, personal time, and sick leave.

This is an in-office/in-person position with flexibility for remote work at management’s discretion.

Duties & Requirements:

• Report to the Underwriting Manager.
• Evaluate, select and price Workers Compensation policies to achieve an underwriting profit.
• Gather, analyze and evaluate risk exposure through appropriate risk documentation.
• Work within specific authority level to quote, accept, decline and modify risks within territorial assignment in accordance with accepted underwriting guidelines.
• Ensure maintenance and growth of profitable business partners by responding to inquiries and resolving agency objectives in a timely, professional and informative manner.
• Oversee the preparation of submissions to partnered carriers including applications and various supporting documents.
• Following submissions through process, ensuring quotes are provided to agents in a timely manner.
• Work with the Business Development team to solicit new business opportunities.
• Market new and renewal business to partnered carriers.

Qualifications:

• Associate’s degree preferred with 3 – 5 years relevant insurance industry experience
• Strong computer skills—MS Office and data entry skills required
• Excellent written and interpersonal skills with internal and external customers--Customer Service is a priority focus
• Sound, balanced and timely decision making skills
• Working knowledge of the independent agency system a plus
• Industry designations, such as CPCU, AU or other relevant industry education
• Producer licenses and Surplus Lines licenses are preferred but not required