Selective Insurance Company of America Hiring For Large Account Underwriter at Indianapolis, IN, United States Full Time

Job Description

A new job is a big decision. Don’t work just anywhere. Be Selective!
Our Business
Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong financial performance for over 95 years. Focused on exceptional employee and customer experience, we are frequently recognized for awards and honors, including being named to Forbes’ 2021 Best Workplaces in Financial Services and Insurance list.
Our Culture
We genuinely care about each other, our customers, and the communities in which we operate. Our leaders actively champion career development and invite us to voice unique ideas and diverse perspectives. If that sounds appealing, we think you would feel inspired on our team to achieve and be rewarded for extraordinary results.
Selective Insurance is looking for a Large Account Underwriter for our Indianapolis, IN office to underwrite, price, and provide service to large and loss sensitive accounts. Develop and drive renewal pricing and account service strategy working with Actuaries, Claims Executives, and Safety Management Specialists. Manage territory retention and profitability goals. Provide advanced technical underwriting support and assist management with special projects. Under limited direction, works within authority limits on highly complex assignments requiring specialized knowledge in breadth and/or depth of profession.
JOB RESPONSIBILITIES:

• Manage, Underwrite and drive the renewal process for territory, including tracking profitability and preparing reports to SRM Management.
• Completes Loss Rating Models for pricing & deductible guidance and recommend renewal strategy
• Review reports for action needed on accounts for territory. Will also have discussions with management, SBU’s or Line of Business Units and take appropriate action.
• Handle verbal and written correspondence with agents and/or insureds as required. Accompany Account Manager on agency & insured visits. Participate and present accounts during account reviews.
• Apply rules and rates to unique rating situations involving new and renewal policies, endorsements, and cancellations and apply this criteria to accommodate the commercial lines automated system or other automated systems as required, or including processing state filings for accounts if needed.
• Understand and apply unique underwriting criteria in area and answers questions or resolves problems regarding underwriting issues.
• Training of other Large Account employees.
• Input underwriting information regarding new or renewal policies on appropriate automated systems, and utilize other available automated systems efficiently and effectively
• Demonstrate appropriate and timely decisions based upon hazard evaluation; understanding of policy coverages, products, and company guidelines; analysis of loss trending and development; and market and industry knowledge.
• Develop and maintain positive agency and client relationships.

JOB REQUIREMENTS:

• College degree preferred.
• 5+ years Commercial Lines Underwriting Experience with at least 2+ years of Large Account/Alternative Risk Underwriting Experience
• Keep current on all changes effecting unit’s work production and on changes within the insurance industry.
• Strong verbal and written communication skills
• Good analytical skills
• Proficient with Word, Excel & Outlook

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.
Selective maintains a drug-free workplace.
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