What are the responsibilities and job description for the Production Underwriter position at memic?
MEMIC is looking for a Underwriter to cover our Virginia territory for our Middle Market business segment. The ideal candidate thrives on building relationships, has an entrepreneurial spirit and strong desire to make an impact at a growing company.
This individual will be responsible for identifying areas of opportunity to develop and grow the middle market business segment (accounts over $50,000 in premium) by developing and maintaining long-lasting relationships with independent agents and brokers. The Production Underwriter will be responsible for the profit and production of the business segment within defined territory.
- Solicits, identifies and evaluates performance and profitability of insurance submissions from independent agents and brokers within the assigned territory.
- Works closely with underwriting analyst to promote good underwriting service and underwriting quality.
- Prospects and recruits new agencies and manages current agency performance.
- Collaborates with Middle Market and Large Risk underwriting team members.
- Conducts market research and recommends product and service ideas to maintain business segment competitiveness.
Location: Individual must be located in Virginia
Requirements:
- Bachelor’s degree preferred.
- CPCU or other insurance designation preferred.
- Two (2) years of technical underwriting experience in the property and casualty industry required.
- Highly developed marketing skills.
- Entrepreneurial and hands-on approach.
- Ability to travel extensively within defined territory.
- Working knowledge of PC Applications, particularly Microsoft Office products including Excel, Outlook, and Word.
- Ability to make timely decisions with appropriate information and consultation.
- Independently exhibit initiative with strong focus on results.
- Excellent analytical and problem-solving skills.
Our comprehensive benefits package includes all traditional offerings such as:
- Health Insurance options, Dental Insurance options and Vision Insurance
- Employee Life Insurance/AD&D and Dependent Life Insurance options
- Short-term & Long-term Disability
- Health Savings Account with potential employer match
- Flexible Medical and Dependent Care Account
- Accident Insurance
- Critical Illness Insurance
- Employee Assistance Program
- Legal/Identify Theft Insurance options
- Long Term Care Insurance
- Pet Insurance
- 401 (k) Retirement Plan with match up to 5%, plus profit sharing & discretionary contributions (subject to vesting)
- 5 weeks of Paid Time Off (PTO)
- 11 paid holidays
We also offer other benefits to help foster a healthy, balance lifestyle such as:
- Flextime schedules
- Paid Parental Leave
- Student loan paydown and refinancing assistance
- Educational assistance for job related courses, seminars, certifications or degrees
- One paid day every year to volunteer for your non-profit of choice
- On-site fitness center (Maine only) or fitness reimbursement
- Subsidized parking
- Sit-Stand desks & daily stretch breaks
MEMIC is committed to a policy of nondiscrimination and equal opportunity for all employees and qualified applicants without regard to race, color, religious creed, national origin, ancestry, age, disability, genetics, gender identity, veteran's status, sexual orientation, or any other characteristic protected by law. MEMIC is an equal opportunity employer encouraging diversity in the workplace.
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Salary : $50,000
