Marketing Underwriter- Hmig

Company :

HM Insurance Group

Job Description : 

JOB SUMMARY
This job maintains existing business, generates new business, and grows a profitable book of business which has been underwritten in the Workers Compensation  Insurance market.  The incumbent rates, underwrites and monitors performance of workers compensation accounts within the confines of underwriting guidelines, sales, profit, and persistency targets.  Works through distribution channels  of existing producers, new producers, and joint venture partners and works with the Sales Director to create and achieve a sales plan that will effectively meet the needs of the corporation.  Responsible for retention and profitability of the block, for renewing groups. Assesses workers compensation risk on a pre-and post-sale basis in order to close new sale and/or renewal accounts and must have effective communication skills to present underwriting details of each account to brokers and/or clients.

This role is working with our New Captive product. We are looking for someone who has captive experience along with stop loss experience.

ESSENTIAL RESPONSIBILITIES

• Market and underwrite workers’ compensation in a given territory, within the assigned sales targets, to generate new customers/new business premium, as well as maintaining existing business in order to generate and grow a profitable book of business.  This includes creating and achieving a sales plan which includes retention of existing business and the profitability of existing and new business
• Develop new and renewal rates for all accounts within the confines of underwriting authority and established profit and persistency targets and guidelines.  This would include data gathering, analysis, risk assessment, etc
• Utilize distribution channels of existing and new producers and joint venture partners.
• Other duties as assigned or requested.

EDUCATION

Required

• Bachelors degree or relevant experience and/or education as determined by the company in lieu of bachelor's degree

Preferred

• None

EXPERIENCE

Required

• 5 - 7 years of experience in underwriting property/casualty insurance

Preferred    

• Certification in or equivalent training in CPCU or other industry recognized certification  (CIC, ARM, etc.)
• 5 - 7 years of experience in underwriting workers’ compensation insurance

LICENSES OR CERTIFICATIONS

Required

• None

Preferred

• None

              
Skills

• Demonstrated quantitative skills and comprehensive understanding of underwriting policy, procedures, rating methodology and actuarial techniques
• Demonstrated knowledge of standard underwriting guidelines and effective assessment of experience, risk and plan design of workers’ compensation accounts
• Demonstrated advanced problem solving, negotiation, organizational, presentation and inter-personal skills
• Demonstrated knowledge of all traditional insurance programs, products, and services
• Proficiency with various PC applications

SCOPE OF RESPONSIBILITY
Does this role supervise/manage other employees?          

No

WORK ENVIRONMENT        
Is Travel Required?
Yes

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement: This position adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements. 

Pay Range Minimum:

$72,000.00

Pay Range Maximum:

$108,000.00

Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations.  The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability. 

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