Underwriter

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below.

Specific activities may change from time to time.

1. Meet or exceed production goals as assigned by Management.

2. Underwrite new and renewal business.

3. Supervise a multi-person team ensuring all pertinent information is communicated.

4. Develop and maintain excellent relationships with clients.

5. Market all Company products and services to clients.

6. Communicate properly and timely with all producers regarding submissions and decisions for new or renewal business.

7. Approve and disapprove endorsement requests according to internal and Company guidelines.

8. Monitor accounts to ensure compliance with the firm's policies and procedures.

9. Monitor production, hit ratios, renewal retention ratios spread of risk and other production and quality measures to minimize risk and predict future success.

10. Review and handle policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.) appropriately.

11. Review inspection reports and compare to the conditions that were represented at the time of binding and take appropriate or needed actions.

12. Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits - both internal and external

13. Maintain necessary licenses to produce business.

QUALIFICATIONS

Required Qualifications :

The requirements listed below are representative of the knowledge, skill and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. College degree or appropriate insurance designation required

2. Three years of experience in production and marketing of new accounts

3. Must be licensed in corresponding areas of insurance

4. Must be able to understand and analyze necessary components of insurance policies

5. Ability to understand the client's needs and have knowledge of the risk profiles associated

6. Recognize new trends and developments in the insurance industry and be able to incorporate into strategies

7. Must have knowledge of commercial multi-line underwriting and rating

8. Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, Rackley ISO Rating Software

9. Ability to develop, foster, and maintain an excellent working relationship with agencies

10. Provide necessary instruction to underwriting support staff

11. Exercise discretion in making decisions

12. Leadership and team playing skills

13. Maintain current knowledge of the insurance industry

14. Good written and verbal skills

15. Maintain travel schedule depending on the needs of clients, Agents, and new business

16. Ability to work extended hours when necessary

The annual base salary for this position is $70,000.00 - $85,000.00

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation : All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.

Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.