What are the responsibilities and job description for the Underwriting Support Specialist position at Michigan Farm Bureau Family of Companies?
OBJECTIVE
Underwriting Support Specialist Objective
To assist in the evaluation of clients eligibility for insurance. To retain knowledge of acceptance and rejection rules and guidelines, pricing, classification, and hazard recognition. To provide service to policyholders, Farm Bureau Insurance agents and their staff. To assist with day-to-day activities by processing routine underwriting transactions. To compile and maintain information necessary for various underwriting actions or decisions. To review and manage claim memos, activities, and reports to assist in the underwriting review process.
RESPONSIBILITIES
Underwriting Support Specialist Responsibilities
Acquire and maintain product and technical knowledge with regard to coverage forms and endorsements for risk evaluation.
Review documentation and request documentation when necessary.
Analyze and complete activities within authority limit. Identify risks requiring underwriter evaluation and approval, and assign such risks based on guidelines, procedures and service standards.
QUALIFICATIONS
Underwriting Support Specialist Qualifications
Required
High school diploma or equivalent required.
Designations in AINS, API or AU required, or must be completed within two years of hire.
Preferred
Associate's degree preferred.
Minimum two years' experience in insurance environment preferred.
Insurance rating experience preferred.
Note: This is a Hybrid position working both remotely from the State of Michigan, and in the Farm Bureau Home Office located in Lansing, Michigan one day perweek.
Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.
PM19