Personal Lines Assistant Underwriter jobs in United States
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Oklahoma Farm Bureau Insurance · 15 hours ago

Personal Lines Assistant Underwriter

Oklahoma Farm Bureau Insurance is seeking a Personal Lines Assistant Underwriter to evaluate, classify, and rate insurance applications. The role involves examining documents to assess risk, determining coverage acceptability, and communicating with agents and clients to ensure proper underwriting practices.

Auto InsuranceFinancial ServicesInsurance

Responsibilities

Examines documents such as application forms, inspection reports, insurance maps, and past claims to determine degree of risk from such factors as applicant financial standing, loss experience, and value and condition of property, and vehicles per company guidelines and authority level; Escalates work items that do not meet authority level to a Senior Underwriter
Determines whether to accept, modify, or decline risks
Interpret premium classes and apply rating structure to achieve proper premiums for loss exposures
Processes all rewrites, reinstatements and other work items per company guidelines and authority level
Continually review all policies, applications, and change requests to determine that proper premiums and classifications are maintained
Review company records to determine amount of insurance in force on single risk or group of closely related risks and evaluates possibility of losses due to catastrophe or excessive insurance
Communicate (via primarily through email but may communicate through correspondence, telephone, or personal visit) with agents, insureds, company personnel, and other insurance or inspection companies to obtain further information, quote rates, or explain company underwriting policies
Counsel with agents regarding desirable and undesirable risks
Monitor loss ratios and strive for improvement by communicating/coordinating managers and supervisors, agents, adjusters, etc. concerning the selection of business and the improvement of Agents and/or underwriting quality
Report any unusual problems or conflicts encountered in the course of performing underwriting duties to the Commercial Lines Underwriting Manager; submit any information or reports that may be requested by upper management

Qualification

Active Oklahoma P&C LicenseUnderwriting experienceBachelor's degreeInsurance Institute CertificateCommunication skills

Required

Bachelor's degree (B. A.) from four-year college or university; and/or completion of the Insurance Institute of America Certificate in General Insurance; or equivalent combination of education and experience
Active Oklahoma P&C License is required

Preferred

Previous underwriting experience preferred
Bachelor's (Preferred)
Insurance: 2 year (Preferred)
Underwriting: 1 year (Preferred)

Benefits

401(k)
401(k) matching
Dental insurance
Employee assistance program
Employee discount
Flexible spending account
Health insurance
Life insurance
Paid time off
Professional development assistance
Vision insurance

Company

Oklahoma Farm Bureau Insurance

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Oklahoma Farm Bureau Insurance provides insurance and financial services.

Funding

Current Stage
Growth Stage

Recent News

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