MGA - Transportation Underwriter

Posted:
9/3/2024, 4:44:00 AM

Location(s):
Kansas, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Customer Success & Support ⋅ Sales & Account Management

Workplace Type:
Remote

We’re thrilled that you are interested in joining us here at the Amynta Group!

The Production Underwriter is responsible for underwriting and marketing accounts throughout approved states/territories. The Production Underwriter is a key part of the production underwriting capabilities of AmCom Transportation Solutions. The Production underwriter will own the results of their book of business and will engage in activities tied to risk selection and to customer service.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

  • Production underwriter owns the results of their book of business and will be compensated on annual and long-term profitability.
  • A production underwriter maintains balance between distribution and risk selection to drive profitable growth.
  • A production underwriter understands how their book fits into the broader portfolio strategy.
  • A production underwriter has agent/broker relationships.
  • Engage in activities to generate submissions
  • Maintain and lead the relationship with their assigned agents.
  • Engage in activities to close accounts

Underwriting

  • Develop and underwrite a profitable portfolio in support of business plans.
  • Structure tailor-made solutions by considering the team underwriting parameters and underwriting exposures leveraging underwriting knowledge and experience to win new business and retain existing.
  • Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.
  • Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability.
  • Comply with underwriting control standards for business written through delegated authority.

Additional Responsibilities

  • Engage with all levels of leadership to solve problems
  • Assist in development of internal and external materials
  • Support business unit leadership with presentations and special projects as Centers of Expertise or as assigned.

BASIC AND PREFERRED QUALIFICATIONS (EDUCATION AND EXPERIENCE)

  • Production Underwriter: Bachelor’s Degree or 2+ years of commercial underwriting experience or equivalent work experience.
  • Proven sales results and client service experience
  • Knowledge of underwriting philosophy, processes, and practice
  • Extensive experience in the insurance industry ideally within an underwriting, broking, relationship management or sales role
  • Strong analytical skills and critical thinking skills with great attention to details
  • Individually accountable
  • Effective relationship management skills with customer focused approach
  • Ability to develop tactical underwriting plan and execute on its implementation
  • Active listening and emotional intelligence
  • Ability to work independently for significant periods of time
  • Strong business development and communication skills
  • Proficient with MS Office including Excel skills
  • Able to communicate effectively with others, both verbally and in writing
  • Ability to manage time, meet deadlines, and prioritize to meet sales target
  • Property & Casualty Agent’s license in residing state, or willingness to obtain CPCU, AU-M, CIC designations a plus
  • Willingness & ability to travel for agency visits, industry functions, training and seminars.
  • Continuing education to maintain necessary credentials
  • Problem solving focused, self-motivated, flexible and enthusiastic

The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.