What are the responsibilities and job description for the Production Underwriter position at National Interstate Insurance Company?
National Interstate is a member of Great American Insurance Group. As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored to meet the needs of a wide variety of transportation classes. Our offerings include traditional insurance and innovative alternative risk transfer (ART) programs, including more than a dozen group captive programs catering to niche wheels markets. We are proud to be a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace in Northeast Ohio. It is because of our talented and dedicated team that we are able to live out our company values of integrity, transparency, fairness, accountability, empowerment and collaboration with each transaction we make. If you are ready to join an engaging and driven team such as ours, we would love to hear from you!
Since 1989, National Interstate has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)
National Interstate Insurance is looking for a Production Underwriter to join their team. This individual will work a hybrid schedule out of the Richfield, Ohio office.
Essential Job Functions And Responsibilities
Education: Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.
Experience: Generally, a minimum of 6 months of related insurance experience. Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), or a marketing designation. Familiarity with digital marketing strategies and tools is beneficial.
Scope of Job/Qualifications: Performs work under moderate supervision and technical direction. Familiar with basic concepts, practices and procedures. Works with authority on assignments of low to moderate technical complexity. Develops and maintains knowledge of company policies and industry laws and regulations. Excellent interpersonal and communication skills. Strong analytical skills with attention to detail. Strong negotiation and decision-making ability. Position requires occasional travel.
Job is non-exempt in Washington.
Company
NIIC National Interstate Insurance Company
Benefits
Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.
Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.
Since 1989, National Interstate has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)
National Interstate Insurance is looking for a Production Underwriter to join their team. This individual will work a hybrid schedule out of the Richfield, Ohio office.
Essential Job Functions And Responsibilities
- Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
- Analyzes risk information to make informed decisions on coverage, pricing, and terms.
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information such as additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
- Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
- Communicates underwriting decisions and markets products and services clearly and effectively to internal teams, agents, and brokers.
- Stays updated on industry trends, regulatory changes, market condition and competition to identify opportunities for product enhancements and marketing strategies.
- Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
- Develops and executes marketing strategies to promote the Company’s products to brokers and agents.
- Organizes and participates in marketing initiatives, including presentations, industry events, and broker/agent meetings to showcase products and services.
- Performs other duties as assigned.
Education: Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.
Experience: Generally, a minimum of 6 months of related insurance experience. Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), Associate of Risk Management (ARM), or a marketing designation. Familiarity with digital marketing strategies and tools is beneficial.
Scope of Job/Qualifications: Performs work under moderate supervision and technical direction. Familiar with basic concepts, practices and procedures. Works with authority on assignments of low to moderate technical complexity. Develops and maintains knowledge of company policies and industry laws and regulations. Excellent interpersonal and communication skills. Strong analytical skills with attention to detail. Strong negotiation and decision-making ability. Position requires occasional travel.
Job is non-exempt in Washington.
Company
NIIC National Interstate Insurance Company
Benefits
Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.
Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.
