Underwriter 1 (Trainee/Workers Compensation)

Berkshire Hathaway Homestate Companies is a national insurance group with over 50 years of experience, dedicated to building strong relationships and maintaining financial integrity. The Underwriter 1 (Trainee) role involves learning underwriting concepts, evaluating new and renewal business, and developing agency relationships while providing excellent customer service.

Responsibilities

• Successfully completes the Underwriting training curriculum, introducing workers compensation law, rating and pricing regulations, negotiation techniques, and service standards
• Reviews applications for insurance coverage proficiently, ensuring applicable information is accurate and complete for pricing determination
• Works with the Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information required
• Analyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policy
• Communicates pricing within a predetermined authority level to brokers and producers using industry standards and proprietary software and databases
• Ensures profitability and new business goals are met
• Makes prompt, sound decisions on issues that arise in submissions based on the best information available
• Properly escalates issues timely to Supervisor
• Coordinates with Underwriting Support Specialists to bind agreed upon policies
• Prepares Loss Control requests for appropriate accounts
• Communicates effectively with external clientele and internal resource partners telephonically, via electronic correspondence and if appropriate, in the field
• Contributes to productive agency relationships and client retention
• Ensures deadlines are met and prompt response is provided
• Accompanies other Underwriters and Marketing Managers to agency visits aimed at learning and promoting improved agency relationships
• Performs special assignments and projects as assigned

Skills

• Bachelor's degree from an accredited college or university is required
• Able to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulations
• Able to write detailed reports, business correspondence and procedure manuals
• Able to effectively present information to management and public groups
• Able to work with mathematical concepts such as probability and statistical inference
• Able to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situations
• Able to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form
• Able to deal with problems involving several concrete variables in standardized situations
• To perform this job successfully, the individual should be proficient on the Microsoft Office Suite and able to quickly master proprietary and vended software applications

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