Consulting Underwriter

📁
Underwriting
💼
Ohio Farmers Insurance Co
📅
2000000C Requisition #
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BUILD YOUR FUTURE, WHILE PROTECTING THEIRS.

You will be challenged. Rewarded. And valued for your unique experience, background and perspective.
Join a team where hard work pays off and original thinking is celebrated. As you build your future at Westfield, you will quickly learn that protecting our customer’s future is at the heart of what we do. We deliver on our promise to help restore lives and rebuild businesses when the unexpected happens. Building relationships has been a part of our culture since 1848.

Be a part of a team that recognizes and appreciates those who take initiative, seek opportunity and strive for innovation in a changing world.


Consulting Underwriter Job Summary

  • Annual Salary:  $121,349 - $139,551 - $157,754

The Consulting Underwriter is the underwriting expert for commercial lines, utilizing deep technical underwriting knowledge and proficiency to approve underwriting and pricing decisions in alignment with corporate underwriting rules and guidelines. Acts as the profit guardian for commercial lines by ensuring thorough understanding and utilization of technical underwriting processes and pricing tools while holding highest level of delegated underwriting authority. Serves as the main resource for National Underwriting Office Leader, otherwise has the highest level of underwriting authority in the company for assigned lines of business. Provides support to Underwriting and Sales by reviewing and analyzing large Commercial Lines accounts. Drives accountability and continuous improvement by performing individual commercial lines underwriting audits on all sizes of accounts including large, complex accounts.


Essential Functions (primary functions and/or reasons the job exists in order of importance)

1. Serves as the underwriting expert for commercial lines, utilizing deep technical underwriting knowledge and proficiency to approve underwriting and pricing decisions in alignment with corporate underwriting rules and guidelines.

2. Acts as the profit guardian for commercial lines by utilizing the highest level of delegated underwriting authority to review and approve division underwriting referrals that the Authority Grants dictate. Serves as the main resource for National Underwriting Office Leader reviewing and consulting on items that require approval at that level.

3. Acts as the resource and subject matter expert for large commercial accounts. Leverages deep understanding and expertise of exposures and their relationship to premium as well as expertise with various rating plans, reinsurance, and pricing needs by class to effectively evaluate pricing adequacy of large complex accounts.

4. Actively develops and maintains relationships with Reinsurers and secures reinsurance in facultative markets as needed.

5. Provides insights based on data and analysis gained through the line of business metrics and collective file review results and participates in driving, establishing, maintaining, and continuously improving Commercial Lines underwriting policy.

6. Resource for underwriting and risk control calls / consultations for commercial underwriters and risk control personnel on individual accounts as well as business unit underwriting policy.

7. Participates in account collaborations for the Middle Market, ABD, Special Risk, and Small Business Accounts.

8. Provides thought leadership to the Authority Management function, including recommendations on Underwriting Authority Grants and Class Authority Guides.

9. Drives accountability and continuous improvement by performing individual commercial lines underwriting audits on all sizes of accounts including large, complex accounts.

10. Leads specialty audits, as needed, and develops narrative report with findings and recommendations.

11. Provides input into product design.

12. Publishes assigned sections of the underwriting guide and related underwriting white papers.

13. Provides underwriting guideline support to Line of Business Managers and Sector Management insight.

14. Leverages expertise to support the creation and facilitation of Commercial Lines underwriting training and development opportunities for Westfield University and Business units as needed.

15. Coaches experienced underwriters on complex accounts. Mentors recently trained underwriters.

16. Provides input into audit questionnaires in alignment with underwriting guidelines and to enhance the quality assurance process.

17. Participates in claims reviews as needed on large complex losses and/or complex accounts.

18. Provides expertise on or leads various ad-hoc projects as assigned (i.e. captive programs, authority levels, deductible programs and setting collateral requirements.

19. Travels occasionally in order to provide assistance in large account sales opportunities and to participate in special assignments, training, and/or travel between office locations.


Desired Qualifications/Experience/Certification/Education (in order of importance)

1. 12+ years of relevant multi-line commercial underwriting experience (property, casualty, automobile, and workers’ compensation lines of business).

2. Progressive underwriting experience including a role as an Underwriter focused on complex accounts in excess of $100,000 written premium.

3. Deep technical underwriting skillset and experience including multi-line account collaboration, reinsurance (including layer coordination, marketing, and facultative reinsurance), handling of loss-sensitive accounts including large deductibles (i.e. in excess of $100,000), and self-insured retentions and/or retrospectively rated accounts.

4. Demonstrated experience and proven ability to provide effective technical underwriting consultation, training, coaching and mentoring across multiple divisions/departments.

5. Demonstrated excellent oral and interpersonal communication skills resulting in the ability to effectively interact with all levels of management and employee population.

6. Demonstrated computer skills: working knowledge of spreadsheet, presentation, and word processing software packages (MS Word, MS Excel, MS PowerPoint, MS Access, Visio, etc.).

7. Ability to maintain confidentiality of sensitive information.

8. Demonstrated time management and project planning skills including ability to adapt quickly to changing priorities/assignments.

9. CPCU, ARM, CIC, CRM, or AU designations or working toward one or more of these designations.

10. Bachelor’s degree or commensurate experience.

11. A valid driver’s license and a driving record that conforms to company standards.

 

Physical Requirements (specific to the role)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

* Ability to work effectively in an office environment for 40+ hours per week (including sitting, standing and working on a computer for extended periods of time).

* Ability to communicate effectively in a collaborative work environment utilizing various technologies such as: telephone, computer, web, voice, teleconferencing, e-mail, etc.

* Ability to travel as required.

* Ability to operate an automobile within the parameters of the driving policy.


This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.


Westfield offers a Total Rewards program that focuses on compensation, benefits and wellness, and includes perks like 401(k), pension plan, annual incentive, education reimbursement, flex-time, onsite fitness center and casual dress. Work-life balance, recognition, and learning and career development are all part of a rewarding career with Westfield.

To learn more about Westfield and the opportunities available, please visit us at westfieldinsurance.com.


We are an equal opportunity employer/minority/female/disability/protected veteran.


Applications for positions posted on Westfield Careers must be filed on-line through the Westfield Careers portal.  If you are a disabled person who requires a reasonable accommodation to complete an online application, please contact HR Assist by email at hrassist@westfieldgrp.com.


We are an equal opportunity employer/minority/female/disability/protected veteran.

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