Encova Insurance · 1 month ago
Middle Market Underwriter - Multiline
Ohio
Full-time
Hybrid
Mid, Senior Level
$69K/yr - $124K/yr
2+ years expEncova Insurance is seeking a Middle Market Underwriter to review risks, determine acceptability, and successfully write profitable business accounts. This role will be responsible for the financial performance of the assigned book of business, focusing on achieving profitable retention and new business growth while ensuring excellent customer service to independent agents.
Commercial InsuranceHealth InsuranceInsurance
Responsibilities
Determine the acceptability, quality, pricing, profitability and opportunity for new and existing business
Complete thorough risk analysis on designated accounts using appropriate Encova, NCCI, ISO and industry rules, policies, procedures, and guidelines, etc
Identify, create and initiate new business opportunities within current book of business and assigned agencies
Gather and analyze information necessary to make an accurate evaluation of risk
Accept or reject commercial lines accounts that fall outside of straight through processing rules through exposure identification and risk analysis, including: understanding all exposures that might cause a policy to incur losses; conservatively assessing the likelihood of any exposure actually causing a loss and the probable cost if it does; setting a premium that, on average, would deliver a profit after both prospective loss costs and operating expenses are covered; be willing to walk away if the appropriate premium cannot be obtained
Apply discretionary pricing appropriately based on risk exposures, risk quality, loss potential, pricing model indications and your letter of authority
Determine acceptability of revision requests that fall outside straight through processing rules and communicate how the revision will be handled to the Associate Underwriter
Communicate all underwriting decisions or changes on coverage, limits, exposures and/or pricing, discussing alternatives with assigned agents as needed
Promote effective agency relationships and encourage continued use of our company products and technology
Provide support to appointed agents by serving as a resource for underwriting questions
Utilizes Encova systems to transact requests and endorsements
Utilize available resources including company underwriting guidelines, business unit strategies, and consultations with others to ensure adequate understanding of risk exposures
Prepare proposals to producers, including negotiation of terms and conditions
Ensure the proper issuance of policies, certificates, filings and notifications
Seek the guidance of management on risks exceeding assigned authority levels
Effectively utilize industry rules and guidance to ensure proper policy construction
Identify underwriting issues; recommend and develop plans for problem resolution and implement them where appropriate
Manage existing and prospective accounts by actively participating in account renewals, new business presentations as needed and discussion with agents
Participate in monitoring and analyzing growth and profitability of assigned agents; initiate actions and understand downstream impact of alternatives
Mentor entry-level underwriters and trainees to achieve profitable retention, growth and customer service standards
Serve as a resource for other team members and units
Qualification
Required
Underwriting experience with Package Lines and Workers' Compensation
Ability to assess an individual situation and select applicable rules from an array of options, resulting in the most appropriate and sustainable decision
Strong oral and written communication skills
Knowledge of underwriting laws and rules and their application
Knowledge of policy and procedures regarding risk administration and risk management, underwriting and loss control
Knowledge of the insurance industry and the business environment in which it operates in order to develop an effective business strategy and remain technically current
Thorough understanding of business exposure calculations, classifications, experience rating or other plan modifications
Ability to develop and implement account, territorial, producer and book strategies to acquire and retain business
Ability to work effectively in a team environment
Ability to use logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions or approaches to problems
Ability to identify complex problems and review related information to develop and evaluate options and implement solutions
Ability to make sound decisions after considering all facts, potential risks, customer needs and alternative solutions
Ability to initiate and build relationships and tailor services to meet customer needs
Ability to present ideas and information to individuals and groups in a clear, concise, influential, organized and diplomatic manner and address concerns or needs
Ability to adjust priorities based on changing situations
Ability to effectively manage multiple assignments while meeting established guidelines
Proficient in Excel
Preferred
Minimum 2 years of commercial lines underwriting experience in package lines and/or worker's compensation in the Property and Casualty insurance market strongly preferred
Bachelor's degree preferred, demonstrated significant underwriting experience may substitute
Insurance designations or insurance education course work (i.e. AINS-Associate in General Insurance) strongly preferred
Benefits
Health, Dental & Vision Insurance
Company-provided life and income protection plans
Eligibility to participate in a company incentive bonus program
401(k) Retirement Plan - 100% company match up to 7% on annual salary
Paid Time Off, Paid Holidays, and Floating Holidays
Flexible Work Arrangements - Hybrid and remote depending on the role
Company
Encova Insurance
Encova Insurance offers insurance products including commercial, life and personal insurance.
1001-5000 employees
H1B Sponsorship
Encova Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (8)
2024 (7)
2023 (9)
2022 (6)
2021 (8)
2020 (11)
Funding
Current Stage
Late StageTotal Funding
unknown2023-05-22Acquired
Leadership Team
Grady Campbell
Executive Vice President, Senior Advisor to President & CEO
Thomas J. “TJ” Obrokta, Jr.
President and CEO
Recent News
2025-09-17
2025-09-12
Company data provided by crunchbase