Business Development Underwriter Workers Compensation (West Texas)

$86,248 - $145,451/Yr

I C W Group

Full-time - Entry Level

Remote

About the position

As a Business Development Underwriter at ICW Group, you will serve as the primary contact for agents and brokers, overseeing underwriting and marketing initiatives to foster relationships and build a profitable book of business. This remote/field role focuses on evaluating risks, maintaining producer relationships, and driving sales of the company's insurance products while ensuring compliance with underwriting guidelines.

Responsibilities

• Drive and manage a profitable and growing book of business.
• Sell, service, and maintain a producer force that can sell and control a profitable and growing book of business.
• Monitor production and quality of assigned producers.
• Drive profitable sale of the Company's products, including increasing sales of existing products and introducing new products.
• Develop the assigned producer group to improve the quality and quantity of business obtained from assigned producers.
• Keep alert to industry changes, including WCIRB/NCCI rulings, forms, and coverage changes.
• Prospect and develop new business.
• Prequalify new producers to determine working relationships.
• Appoint new quality producers and set production expectations with each Agency.
• Gain thorough knowledge of the assigned geographic territory regarding production sources, competitor activity, and economic and demographic factors.
• Produce marketing research to identify opportunities for management, product enhancements, new distribution channels, and new geographic markets with growth potential.
• Utilize underwriting authority to effectively price Company's products.
• Accept or reject simple to slightly complex risks, evaluating all risk characteristics as compared to the average in its class.
• Deliver superior customer service through collaborative relationships.
• Provide production support through producer visitations and participation in underwriting and production presentations.
• Maintain communication with customers through the use of Company technology.
• Communicate decisions and resolve agent/customer concerns promptly.
• Present Agency Management solutions to agency principals and ICW management team.

Requirements

• Bachelor's degree in Business, Accounting, Statistics, or related field or equivalent combination of education and experience.
• Minimum 1 year of related experience and/or training required.
• Demonstrated ability to service the Company's clients and maintain relationships with production sources.
• Ability to apply fundamental Underwriting concepts, practices, and procedures in area of specialization.
• Ability to read and interpret documents such as submissions, loss control reports, and standard policy form/endorsements.
• Current driver's license required.

Benefits

• Competitive benefits package including medical, dental, and vision plans.
• 401K retirement plans with company match.
• Bonus potential for all positions.
• Paid Time Off with an accrual rate of 5.23 hours per pay period (equal to 17 days per year).
• 10 paid holidays throughout the calendar year.
• Support for continued learning and development.