What are the responsibilities and job description for the Senior Commercial Underwriter position at Michigan Farm Bureau Family of Companies?
OBJECTIVE
Senior Commercial Underwriter Objective
To underwrite designated commercial lines of insurance. To implement company philosophy and underwriting guidelines in the acceptance, rejection or modification of risks, pricing, classification, hazard recognition, and providing service to policyholders, Farm Bureau Insurance agents and their staff.
RESPONSIBILITIES
Senior Commercial Underwriter Responsibilities
Evaluate, examine and/or physically survey risks submitted for coverage by Farm Bureau Insurance agents. Accept, modify or reject risks based upon all relevant information available, including guidelines, directives, inspections and claims information.
Properly classify and rate risks, verify coverage amounts, and develop appropriate premium. Work with Farm Bureau Insurance agents, and in some cases insureds, to determine exposure and appropriate coverages.
Monitor exposure of individual risks by the review of pictures, inspections, claims, consumer reports, renewal surveys, audits and communications with Farm Bureau Insurance agents.
QUALIFICATIONS
Senior Commercial Underwriter Qualifications
Required
Bachelor’s degree required, or equivalent experience may be considered.
Minimum three years’ experience in commercial underwriting or commensurate insurance industry required.
Must possess a valid driver license with an acceptable driving record.
Associate in Commercial Underwriting (AU) or Associate in Personal Insurance (API) designation required, or equivalent education may be considered.
Preferred Designation in Chartered Property Casualty Underwriter (CPCU) preferred, or actively being pursued.
Note Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.
PM19
