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Amynta Group · 2 months ago

Senior Field Production Underwriter -Remote Western NC/SC/GA

United States

Full-time

Remote

Mid, Senior Level

2+ years exp

Amynta Group is a Managing General Underwriter that partners with retail agents and A rated carriers to provide competitive solutions across multiple industries. They are seeking a Senior Field Production Underwriter responsible for underwriting and marketing accounts, managing agency relationships, and ensuring profitability of their book of business.

Insurance

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

Work with key internal stakeholders to develop and maintain product-specific business development plans identifying, segmenting, detailing and evaluating potential broker and agent prospects, and executing such plan to ensure that Amynta generates targeted levels of growth and ‘hit’ ratios in this market

Lead in the education of the broker market on the products in a way that creates a need to buy, highlights our competitive differentiation, illustrate the need for service led products to grow the brand and facilitate the placement of new business with a particular focus on new relationships

Raise the profile of AWCS within the broker community increasing the strength of relationships within the broker market to achieve a highly productive level of consistent, strong producer relationships over time

Track metrics around broker engagements maintaining actions and follow ups from visits and share client and broker feedback on product with key stakeholders in a structured manner

Ensure we remain front of mind of brokers by planning and engaging in regular virtual/face-to-face meetings while acting as a contact point for broker queries and product education engaging in appropriate communication via social media

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

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

Qualification

Workers Compensation productAgency managementRisk toleranceAnalytical toolsMarketingSales techniquesSales acumenPricing strategyMS Office proficiencyAnalytical skillsPlanningEvaluationCustomer serviceBachelor’s DegreeInsurance designationsCreative problem-solvingEffective decision-makingCommunication skillsRelationship buildingPresentation skillsHigh initiativeLeadership abilities

Required

Intermediate proficiency in some or all of the following: marketing and sales techniques, Worker's Compensation product, agency management, sales acumen, pricing strategy and negotiations, risk tolerance and analytical tools

Strategic thinker with creative problem-solving abilities

Ability to identify and resolve problems in a timely manner, gathering and analyzing information effectively

Strong analytical skills

Effective decision-making skills and an ability to perform under pressure

Excellent written and verbal communication skills

Ability to build effective relationships with internal and external partners

Excellent presentation skills

High level of initiative and motivation

Ability to lead, motivate and influence

Ability to plan, implement and evaluate

Proven ability to provide an exceptional customer service

Expert proficiency in MS Office (Word, Excel, Outlook, PowerPoint)

Ability to travel during the day and overnight (75-80%)

Must possess a valid driver's license with clean driving record and reliable personal transportation

Minimum of two years of related experience (Workers Compensation insurance underwriting, managing agencies and a book of business) required

Preferred

Bachelor's Degree in related field (Business Administration, Finance, Accounting, etc.) preferred, or equivalent combination of education, training and experience

Experience generating production in assigned territory preferred

Designations or coursework towards a designation (AU, CPCU, CIC, AINS) preferred