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Underwriting Technician

Underwriting Technician

Rural Mutual InsuranceMadison, WI, United States
30+ days ago
Job description

We are looking for a dynamic individual to join our underwriting team focusing on property and casualty. The role involves conducting comprehensive assessments and documentation. This position offers a flexible work arrangement, with a mix of onsite and remote work, based near Madison, Wisconsin (3 days in the office, 2 days working remotely). Responsibilities :

  • Prepare account analysis (excel workbook) based on the commercial renewal listing, large account listing, loss alerts, diaries, and any other underwriting request.
  • Prepare requested underwriting diaries and refer them to management for distribution on their activation dates. Handle certain diaries as directed by management.
  • Order updated underwriting documents or reports, such as financial information from Experian, updated drivers list from the agent, motor vehicle reports from Lexis Nexis, loss history report, business income worksheets, statements of values, and other requested reports from the underwriter.
  • Review motor vehicle reports and forward for appropriate action according to authority level.
  • Issue unilateral letters and loss prevention letters for the commercial, farm, and loss control units as directed by the underwriting staff.
  • Prepare policy documentation on underwriting actions or decisions as outlined by the underwriter and attach any supporting documentation to the e-file.
  • Load, update, and maintain the policy information in the commercial renewal policy log.
  • Handle change requests according to authority level.
  • Handle department mail.
  • Assist with department meeting preparations.
  • Supply ordering.
  • Scan and log premium audit packets.
  • Assist underwriting management with administrative duties. Qualifications :
  • Previous experience in P&C insurance, preferably in commercial lines and farm lines.
  • Excellent communication skills.
  • Demonstrated analytical and problem-solving skills.
  • Self-motivated with demonstrated ability to work independently and multi-task. Compensation : $35,000 - $43,000 yearly based on experience (paid on an hourly basis)
  • Prepare account analysis (excel workbook) based on the commercial renewal listing, large account listing, loss alerts, diaries, and any other underwriting request.
  • Prepare requested underwriting diaries and refer them to management for distribution on their activation dates. Handle certain diaries as directed by management.
  • Order updated underwriting documents or reports, such as financial information from Experian, updated drivers list from the agent, motor vehicle reports from Lexis Nexis, loss history report, business income worksheets, statements of values, and other requested reports from the underwriter.
  • Review motor vehicle reports and forward for appropriate action according to authority level.
  • Issue unilateral letters and loss prevention letters for the commercial, farm, and loss control units as directed by the underwriting staff.
  • Prepare policy documentation on underwriting actions or decisions as outlined by the underwriter and attach any supporting documentation to the e-file.
  • Load, update, and maintain the policy information in the commercial renewal policy log.
  • Handle change requests according to authority level.
  • Handle department mail.
  • Assist with department meeting preparations.
  • Supply ordering.
  • Scan and log premium audit packets.
  • Assist underwriting management with administrative duties.
  • Perform other duties as assigned.

Compensation :

35,000-$43,000 per year