Evaluates new business applications, renewal requests, and endorsements for compliance with Company underwriting policies. Accepts or declines applications, offers modified coverage or refers risk to Home Office according to underwriting guidelines.
Lines provided include Farm, Farm Auto, farm Umbrella and Commercial Ag. Compiles data to determine scope and nature of risk. Evaluates risks according to susceptibility to damage in light of nature and location of property and operations, physical and moral hazards involved, and underwriting precedent and experience.
Recommends risk improvements if indicated. Utilizes available information such as fire maps, motor vehicle reports, loss control reports, underwriting guides, records of loss experience, special inspection reports, and evaluates according to Company underwriting standards within delegated authority.
Accurately rates new business applications, renewals, or endorsements, which indicate highly complex, unusual, or high value risks. Produces rates and communicates them to agents in a timely manner.
Utilizes on-line and manual rating resources. Obtains rate factors from Home Office according to established policy or procedure. Assigns appropriate debits, credits and deductibles for rates.
Identifies policy changes that affect reinsurance requirements and communicates findings to Home Office staff. If rating is to be delegated to support staff, prepares information to be used by branch personnel or Home Office personnel to calculate accurate rates.
Communicates with agents and branch or Home Office staff by phone, in person, or in writing in evaluating business applications, endorsements, and renewals. Communicates CIG underwriting and service policies and procedures to agents and insureds.
Requests additional information or questions inconsistent/incomplete information. Composes own correspondence and reviews correspondence prepared by support staff. Communicates and is of service to all CIG departments, including claims, loss control, and administration.
May be required to prepare and present information to small and large groups. Utilizes office equipment such as desktop computer terminal, word processors, printers, typewriters, and/or fax machine to produce correspondence or documentation.
Reviews all prepared rate proposals, policy declarations, correspondence, and endorsements pertaining to area of responsibility to ensure accuracy and correctness of content prior to release to insureds and agents. Examines documents thoroughly for incomplete, inconsistent or unacceptable risk situations. Edits documents and declarations prepared for mailing to ensure the accuracy and completeness of documents.
Utilizes support staff appropriately to maximize performance of department in achieving underwriting goals and objectives. Prioritizes work and communicates clear job expectations to support staff.
Provides work direction and technical review to less experienced staff as authorized by Branch Manager or Supervising Underwriter. May be required to train support staff in office and underwriting procedures such as rating, data entry, policy assembly, and desktop operation. May be required to perform duties of other branch/office personnel in the event of absence, staffing shortage, or work backlog to ensure that branch continues to operate at highest level of efficiency.
Develops and maintains agency relationships contributing to the company's ability to attract and retain desirable business. Conducts or participates in agency visits to communicate CIG underwriting philosophy and update agencies on changes and additions to CIG procedures and products.
Capital Insurance Group