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Master Underwriter (Worker's Comp)
Summit Holdings Peoria, IL

Master Underwriter (Worker's Comp)

Summit Holdings
Peoria, IL
Expired: over a month ago Applications are no longer accepted.
  • Vision , Medical , Dental , Paid Time Off , Life Insurance , Retirement
  • Full-Time
Job Description

Job Description

It’s one thing to know workers’ comp. It’s another to know people. But knowing both? That creates an altogether different experience.

So, if you’re ready for an altogether different workplace experience, get to know the people who know workers’ comp. Apply today.

Essential Job Functions and Responsibilities

  • Has responsibility for risk selection/rejection, pricing, retention, growth, and profitability per divisional objectives.
    • Uses independent judgment and initiative to support business goals.
    • Maintains a high level of customer service.
    • Analyzes coverage and limit requests and decides what terms to offer.
    • Prices business in accordance with company guidelines.
    • Assesses risk quality and compliance within company guidelines and initiates appropriate loss prevention actions.
    • Orders and screens miscellaneous reports needed in the rating and underwriting processes, such as Motor Vehicle reports, loss history reports, credit checks, outside inspections, loss control, etc.
  • Develops and maintains effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
    • Interprets, explains, and markets products and services.
    • Develops relationships with agents & brokers through in-person visits and telephone interactions. 
  • Administers, applies, and may update underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. 
  • Provides technical advice to lower level positions and other functional areas. 
  • May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports.
  • Performs other duties as assigned. 
  • The individual hired for this position will manage the following areas: Illinois. Preference given to candidates in Central Illinois. 

 

Job Requirements

Education: Bachelor’s Degree or equivalent experience

Field of Study: Business, Liberal Arts or a related discipline.

Experience: Generally, 10 or more years of related experience.  Certification in area of expertise may be required; appropriate certifications could include Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM).

Company Description
Over the past 40 years, Summit has grown and evolved while maintaining close-knit connections and homegrown roots. A premier choice for workers’ compensation insurance products and services, Summit now works with more than 6,000 independent agents across the southeastern United States to provide claims, underwriting and loss prevention services to more than 31,000 policyholders. Still based in Lakeland, Florida, Summit also has two regional offices—in Gainesville, Georgia, and Baton Rouge, Louisiana—and is a member of Great American Insurance Group.

Address

Summit Holdings

Peoria, IL
USA

Industry

Finance and Insurance

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