Grange Insurance - Minneapolis, MN

posted 6 days ago

Full-time - Mid Level
Minneapolis, MN
1,001-5,000 employees
Insurance Carriers and Related Activities

About the position

This position is responsible for achieving growth and profit objectives through appropriate risk selection, book management, business development, and agency management. The role involves underwriting, agency management, and territory leadership to ensure profitability and compliance with company policies.

Responsibilities

  • Select and price risks for profit and growth.
  • Select new risks based on department guidelines within delegated authority.
  • File documentation reflecting logical thought processes.
  • Demonstrate understanding of risk exposure, classifications, and pricing for exposure.
  • Refer viable risks outside authority once pre-underwritten.
  • Participate in the quality review process with Underwriting leadership.
  • Implement pricing modeling in conjunction with Actuarial and monitor performance.
  • Maintain department service standards and respond to producer needs.
  • Ensure new and renewal business fits company strategy and policies.
  • Seek out new ways to improve the underwriting process.
  • Execute agency management routines to build business and gain relevance.
  • Develop and manage New Business pipeline to ensure a steady stream of business opportunities.
  • Manage production, profitability, and relationships with all agencies in assigned territory.
  • Develop and execute annual success and territory plans and monitor agency performance.
  • Analyze quality, volume, mix of business, and profit for assigned producers.
  • Identify trends in submission activity and work to meet production targets.
  • Participate in agency review process and conduct training for agencies and their staff.
  • Record all agency management actions in CRM.
  • Mentor and guide less experienced underwriters.
  • Monitor market conditions and develop competitive intelligence.

Requirements

  • Bachelor's degree or CPCU designation or comparable education and experience.
  • Three or more years of commercial multiple lines underwriting experience preferred.
  • Excellent communication, decision-making, sales, and negotiation skills.
  • PC skills and work management skills.
  • Ability to complete multiple tasks within set deadlines.
  • Willingness to continue learning and updating skills.

Nice-to-haves

  • Experience in agency management and relationship building.
  • Knowledge of insurance products and underwriting processes.

Benefits

  • Cultural appreciation holiday.
  • Family formation benefits.
  • Compassionate care leave.
  • Expanded categories of bereavement leave.
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