Senior Commercial Lines Underwriter

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Durham, NC

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

keywords: work environment,compensation,about acg,communication,training,analysis,reporting,teamwork,compliance,insurance,experience,skills,travel,values,education

Full Time

Competitive Compensation and Benefits Package

Overview: <strong>About ACG:</strong><br /> The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America. <br /><br /><strong>Compensation:</strong><br /> The Auto Club Group offers competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership, and much more!<br /><br /><strong>Work Environment:</strong><br />Works in a temperature-controlled office environment.
Responsibilities: <ul> <li>Reviews, accepts, declines, or modifies offerings submitted by producers for multiple/various commercial line coverage.</li> <li>Evaluates risks according to location, physical and moral hazards, inspection reports, underwriting precedent, and experience, ensuring compliance with underwriting rules, guidelines, and company philosophy throughout the process.</li> <li>Reviews information received regarding risks including inspection reports and credit reports and verifies application data through the use of investigative letters, commercial inspections, and/or personal observation.</li> <li>Reviews inspection reports and claims for rating on acceptability status and recommends risk improvement as appropriate.</li> <li>Initiates potential policy coverage or rating revisions as a result of analysis and recommends and approves continuation, cancellation, non-renewal, or rejection of applications or policies in accordance with established underwriting procedures, laws, and judgment.</li> <li>Exercises discretionary judgment when evaluating new or renewal high-value commercial underwriting application policies and evaluates the merits of each line of insurance based on current laws or level of underwriting expertise to accept or reject the risk presented.</li> <li>Corresponds with outside insurance companies, business organizations, governmental agencies, or other contacts to develop procedures or to properly evaluate risks.</li> <li>Communicates and develops relationships with field representatives and other insurance personnel to obtain further information, rate quotes, or explain company underwriting policies.</li> <li>Train and educate agency staff on company products, services, processes, and underwriting philosophy. Train, coach and serve as a technical resource to other underwriters. Provide mentorship that encourages individuals and the team to improve and accelerate performance.</li> <li>Perform other duties assigned.</li> </ul>
Requirements: <strong>Education:</strong><br /> <ul> <li>High School Diploma or equivalent.</li> </ul> <br /><strong>Experience:</strong><br /> <ul> <li>Three years of commercial insurance experience.</li> <li>Working in a commercial underwriting environment.</li> <li>Inspection techniques related to commercial insurance.</li> <li>Working with mathematical concepts including fractions, ratios, statistics, and probabilities.</li> </ul> <br /><strong>Knowledge and Skills:</strong><br /> <ul> <li>Commercial insurance contracts and forms</li> <li>Insurance laws as they relate to commercial underwriting</li> <li>Company commercial insurance programs and products, underwriting rules and requirements</li> <li>Processing procedures and rules</li> <li>ISO or similar bureau rating systems (Regional Operations)</li> <li>Organization and planning</li> <li>Negotiating, analyzing and problems solving</li> <li>Independent decision making</li> <li>Written communication skills to include reports and technical writing.</li> <li>Analyze and interpret commercial inspection.</li> <li>Provide work direction, guidance, and training.</li> <li>Coordinate and control major projects.</li> <li>Communicate effectively with others in a work environment, policyholders, vendors, and regulators.</li> </ul> <br /><strong>Preferred Qualifications:</strong> <br /> <ul> <li>Bachelor&rsquo;s degree in Business Administration or related field</li> <li>Completion of an underwriting certification/designation (CPCU)</li> <li>Experience Underwriting in Wisconsin&nbsp;</li> </ul> <strong>Please note:</strong> Travel to Wisconsin will be a requirement of this role. This will require the ability to visit agents and build long-term profitable relationships. Travel may also be required for onsite inspections for certain large and/or complex risks.<br /><br /><br />Important Note:&nbsp;The above statements describe the principal and essential functions, but not all functions that may be inherent in the job.&nbsp; This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements.&nbsp; Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.<br /><br />The Auto Club Group, and all of&nbsp;its affiliated companies,&nbsp;is an equal opportunity/affirmative action employer. &nbsp;All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status.