Manchester, NH · On-site
$96K - $140K/yr
Considers alternative options of insurance, such as facultative reinsurance, as part of their ... Associate or Bachelor'sdegreepreferred, butnot required.Equivalent experience considered in place ...
Manchester, NH · On-site
$96K - $140K/yr
Considers alternative options of insurance, such as facultative reinsurance, as part of their ... Associate or Bachelor'sdegreepreferred, butnot required.Equivalent experience considered in place ...
$13.56 - $18.32
13% of jobs
$20.27 is the 25th percentile. Wages below this are outliers.
$18.32 - $23.07
30% of jobs
The median wage is $24.52 / hr.
$23.07 - $27.83
24% of jobs
$30.58 is the 75th percentile. Wages above this are outliers.
$27.83 - $32.59
14% of jobs
$32.59 - $37.35
4% of jobs
$37.35 - $42.11
3% of jobs
$42.11 - $46.87
2% of jobs
$46.87 - $51.63
3% of jobs
$51.63 - $56.39
2% of jobs
$56.39 - $61.15
2% of jobs
$61.15 - $65.91
2% of jobs
$13
$31
$65
| Aspect | Associate In Reinsurance | Underwriting Assistant |
|---|---|---|
| Required Credentials | Bachelor's degree, industry certifications often preferred | Bachelor's degree, relevant certifications beneficial |
| Work Environment | Reinsurance companies, brokers, or consulting firms | Insurance companies, underwriting departments |
| Employer & Industry Usage | Common in reinsurance and insurance sectors | Primarily in insurance underwriting teams |
| Common Search & Comparison | Yes | Yes |
The Associate In Reinsurance and Underwriting Assistant roles both support insurance operations but focus on different areas. The Associate In Reinsurance specializes in reinsurance processes, risk analysis, and treaty negotiations, often requiring industry certifications. The Underwriting Assistant supports primary insurance underwriting, focusing on policy processing and data management. Both roles are vital in insurance companies, but they serve distinct functions within the industry.
$96K - $140K/yr
Other
Medical, Dental, Vision, Retirement, PTO
This job post has expired today. Applications are no longer accepted.
Company
Farm FamilyFarm Family specializes in farm and ranch protection with a wide range of products including flexible farm packages, business owner policies, commercial package, workers compensation, commercial auto and select personal auto coverage. Farm Family is a leader in serving the Northeast and Mid-Atlantic markets and is pursuing growth across the U.S. The Farm Family entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.
Job Description
Summary:
TheUnderwriting Consultant reviews and underwrites large books of business, diverse accounts, and evaluates complex risk scenarios or situations andis responsible forcontributing to target profit andlossmetrics for an assigned book of business. This role will act as a lead within underwriting, perform training with individuals or groups, and answer questions for lower-level underwriters.
This is a 100%in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.
Essential Responsibilities:
Evaluates and assesses risk on more complex applications, renewals, and reinstatements and makes decisions as to whether a risk is acceptable.
Responsible for contributing to target profit and loss metrics for assigned portfolio.
Recommends pricing decisions in line with retentionobjectivesand activelyinteractswith internal and external customers to enhance the business relationship and improve retention ratios.
Considers alternative options of insurance, such as facultative reinsurance, as part of their determination of risk eligibility.
Constructs complex policy and coverage structures to meet large account needs.
Understands company appetite for reinsured exposure and retention limits.
May work directly in the field with Agents to underwrite and bind business.
Provides product knowledge transfer to Agents and Underwriters andassistsAgents and field management on changes in guidelines and processes via teleconference,webinar, and in-person presentations.
Mentors lower-level underwriters on advanced or complex risks.
Educates, coaches, and trains Agents on underwriting procedures, philosophy, and products.
Independently leads and coordinates projects outside normal job duties whichfrequentlyinvolvesworking with others within and outside the department.
Significant levels of familiarity with Agents and their staff and continually reassess assigned risks for profitability and exposure.
Provides support or guidance inabsenceof Manager, acting as a Lead Team Member.
Qualifications / Experience Required:
Associate degree.
Eight to 10 years of experience.
Supervisory/management experiencenotapplicable.
Experience mentoring or coaching lower-level underwriters.
Preferred Qualifications:
Associate or Bachelor'sdegreepreferred, butnot required.Equivalent experience considered in place of collegiate studies.
Applicable designation strongly preferred, or progress towards.
The base salary range provided below is for hires in those geographic areas only and will becommensuratewith candidate experience. Pay ranges for candidates in other locations may differ based on the cost oflaborin that location.In addition to base salary, this position is eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.
Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to ourHR Privacy Notice
Benefits and Compensation
We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.