Commercial Lines Assistant Underwriter

Indiana Farmers Insurance

Posted 2 months ago

Full Time

Indianapolis, Indiana

Hybrid

Smart Summary

Responsibilities

The Assistant Underwriter assists underwriters and agency partners in creating and delivering customized insurance products. They are responsible for analyzing risk, processing quotes, and determining coverage eligibility for new business, renewals, and policy changes.

Qualifications

You have a high school diploma or equivalent and basic understanding of underwriting concepts and insurance. You possess strong sales acumen and the ability to interpret underwriting guidelines, with preferred previous commercial lines underwriting experience.

Must Have Skills for ATS

Commercial Lines Underwriting

Underwriting Guidelines

Insurance

Sales

Job Description

Description

Indiana Farmers is currently looking for a Commercial Lines Assistant Underwriter to join our Underwriting team. The right candidate will be local to the Indianapolis area.

As an Assistant Underwriter in Commercial Lines, you will assist our underwriters and agency partners in the creation and delivery of customized insurance products for our customers. Our underwriting team uses facts and information to apply rates and determine premiums, specific limits, deductibles, conditions and endorsements, for accounts approved for coverage. Through collaboration with underwriters and agents, the right candidate will help analyze risk and help drive informed decision making in support of our vision.

Benefits for the Commercial Lines Assistant Underwriter:

  • Free Health insurance
  • Free Dental insurance
  • Free Vision insurance
  • Free Life insurance
  • Free Short-Term & Long-Term Disability insurance
  • 2% 401k Company Match
  • 11% 401k Company Contribution
  • Excellent Paid Time Off
  • Generous paid time for Parental Leave
  • Day of Service
  • We promote from within our widely-talented workforce regularly and consistently offer opportunities to learn and grow
  • Student Loan Assistance Program
  • Educational Incentive Program
  • Several committees to explore, to connect with co-workers and build relationships
  • Two robust Employee Assistance Programs for you and your family
  • Flexible Work Arrangements that include work locations in the office, hybrid schedules and fully remote. The type of arrangement available is determined by the position and business needs
  • Matching funds of up to $100 annually are available from the company for your favorite charitable organization
  • Associate recognition awards, fun gatherings, and opportunities to make friends are part of our culture
  • An on-site fitness center, as well as free and convenient parking, make life easier

Requirements

Qualifications and Responsibilities for the Commercial Lines Assistant Underwriter:  

  • High school diploma or equivalent
  • Ability to interpret underwriting guidelines is required
  • Basic understanding of underwriting concepts and insurance
  • Strong sales acumen with the ability to sell our products and pricing in the face of competition
  • Six months of previous commercial lines underwriting experience, preferred
  • Gathering, collecting and compiling any additional information necessary to assist in determining if insurance will be approved
  • Determining whether new business, changes, renewals and canceled policies qualify for coverage, renewal or reinstatement within guidelines; discussing and consulting with more experienced underwriters on anomalies beyond defined exceptions, to develop underwriting skills
  • Processing quotes, new applications, changes, endorsements, premium audits and renewals meeting underwriting guidelines; performing data entry and word processing

Why work for Indiana Farmers Insurance?

  • An average associate retention of 95% over the past 5 years
  • Financially stable as shown by our A- (Excellent) rating by AM Best
  • Truly customer focused
  • A strong legacy of excellent performance throughout our 149 years in business!

For more information about Indiana Farmers, please go to https://insurance.indianafarmers.com/about-us.

Indiana Farmers Insurance is an equal opportunity employer!

Indiana Farmers Insurance

A mutual company founded in 1877, Indiana Farmers Insurance knows insurance, but just as important we know the Midwest. We know its values - they're the same by which we run our company. To us, people and relationships really matter, and there's a certain respect and appreciation that everyone in the company feels for one another. We partner with only the best agents, and like us, most of our agencies have been serving customers for generations.
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