Senior 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.

Burnsville, MN

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: environment,compensation,travel,analysis,insurance,compliance,technical,management,support,sales,reporting,training,analysis,education,software development,experience,performance,organization

Individual Contributer

Competitive compensation and benefits

Overview: 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.&nbsp;<br /><br />The Auto Club Group offers a 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 />Works in a temperature controlled office environment.
Responsibilities: <p>Evaluates personal lines risks to ensure compliance with underwriting rules, guidelines and philosophy.&nbsp; Verifies application data provided by sales personnel through the use of investigative letters or commercial inspections, marine surveyors or personal observation. &nbsp;Reviews motor vehicle records, inspection reports and claims for rating or acceptability status.&nbsp; Initiates potential policy coverage or rating revisions as a result of analysis.&nbsp; &nbsp;Recommends and approves continuation, cancellation, non-renewal or rejection of applications or policies in accordance with established underwriting procedures, laws and judgment.</p> <div>&nbsp;</div> <p>Exercises discretionary judgment when evaluating new or renewal high-value homes; higher-priced boats, mobile homeowners applications and personal umbrella policies.&nbsp; Evaluates the merits of each line of insurance based on current laws or level of underwriting expertise to accept or reject the risk presented.</p> <div>&nbsp;</div> <p>Provides input to management personnel regarding Underwriting Associate/clerical support staff work performance, compensation adjustments and promotions.&nbsp; Provides instructional and developmental guidance to Underwriting Associates and clerical support staff.&nbsp;&nbsp; Provides technical expertise on large or unusual risks.&nbsp; Audits rating status and acceptability of insurance applications and renewals.</p> <div>&nbsp;</div> <p>Corresponds with outside insurance companies, business organizations, governmental agencies, or other AAA Clubs to develop procedures or to properly evaluate risks.</p>
Requirements: CPCU designation<br /> <p>College level coursework in Business Administration or a related field. Bachelor's degree preferred.</p> <p>Completion of an underwriting trainee program.</p> <div>&nbsp;</div> <p>Experience as/or equivalent to an Underwriter to include:</p> <ul> <li><span style="font-size: medium;">Underwriting policies, procedures and practices</span></li> <li><span style="font-size: medium;">Inspection techniques related to property/casualty insurance</span></li> <li><span style="font-size: medium;">Support and processing systems such as pmsc (regional operations)</span></li> </ul> <div><span style="font-size: medium;">Knowledge of:</span></div> <ul> <li><span style="font-size: medium;">Property/casualty insurance contracts and forms</span></li> <li><span style="font-size: medium;">Insurance laws as they relate to underwriting</span></li> <li><span style="font-size: medium;">Company property/casualty insurance programs and products, underwriting rules and requirements</span></li> <li><span style="font-size: medium;">and processing procedures</span></li> <li><span style="font-size: medium;">Residual market programs to include FAIR Plan and JUA</span></li> <li><span style="font-size: medium;">ISO or similar bureau rating systems (Regional Operations)</span></li> </ul> <div><span style="font-size: medium;">Demonstrated skills in:</span></div> <ul> <li><span style="font-size: medium;">Organization and planning</span></li> <li><span style="font-size: medium;">Analyzing and problems solving</span></li> <li><span style="font-size: medium;">Independent decision making</span></li> </ul> <div><span style="font-size: medium;">Ability to:</span></div> <ul> <li><span style="font-size: medium;">Analyze and interpret commercial inspection and marine survey reports as they relate to</span></li> <li><span style="font-size: medium;">property/casualty insurance policies</span></li> <li><span style="font-size: medium;">Provide work direction, guidance and training</span></li> <li><span style="font-size: medium;">Coordinate and control major projects</span></li> <li><span style="font-size: medium;">Communicate effectively with others in a work environment, policyholders, vendors and regulators</span></li> </ul> <p>&nbsp;</p> <strong><br /><br />Important Note:&nbsp;</strong>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.