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Associate Underwriter

Location: Raleigh
Posted on: May 28, 2023

Job Description:

Falls Lake Insurance Company is the specialty admitted segment of James River Group Holdings, Ltd. and has been named a Best Place to Work by Business Insurance 2015, 2016 and 2017. Recently, James River Group received national recognition as a 2023, 2022 and 2021 Top Workplaces USA winner.We are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork.James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in three specialty property-casualty insurance and reinsurance segments: Excess and Surplus Lines, Specialty Admitted Insurance and Casualty Reinsurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.Job SummarySolicit, select, evaluate, and quote Workers Compensation business by applying sound underwriting judgment and adhering to company policy and state regulations. Develop growth of profitable business within the territory by visiting assigned agencies discussing risk selection, risk improvement, and agency performance.Duties and ResponsibilitiesContinuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service.Evaluate, select and price new and renewal Workers Compensation policies to achieve an underwriting profit. Adhere to company guidelines and comply with state regulations.Solicit and underwrite profitable business from assigned agencies within the scope of delegated underwriting authority.Ensure maintenance and growth of profitable business partners by responding to inquiries and resolving agency problems in a timely, professional and informative manner.Evaluate agents by participating in on-going agency analysis and reviews in accordance with Corporate Policies and Procedures.Develop information regarding local market opportunities and competition and make recommendations regarding new products and rates.Support the efforts of all Company Departments to develop profitable business. Communicate frequently with other department staff to stay apprised of changes in company policies and procedures.Supervisory ResponsibilitiesNoneKnowledge, Skills and AbilitiesAbility to problem-solve in unfamiliar situations.Ability to communicate concerns and solutions effectively.Excellent observation and analytical skills.Ability to communicate with all levels of management, internal and external clients.PC skills to include MS Office Products- Outlook, Word, Excel and PowerPoint.Possess a positive attitude about change, be able to recognize and respect people's diversity and individual differences.Possess a willingness to strive towards continuous improvement.Beginner knowledge of industry terminology and statutory compliance.Experience and EducationBachelor's degree from accredited University in related field required.One (1) + years of Commercial Underwriting experience specifically in Workers Compensation preferred.AU (Associate in Commercial Underwriting), CPCU, CIC, AINS Designations or coursework towards designation a plus.Physical Demands: While performing the responsibilities of the job, the employee is required to talk and hear. The employee is often required to sit and use their hands and fingers, to handle or feel. Vision abilities required by this job include close vision.Work Environment (include travel requirements): While performing the duties of this job, the employee is exposed to typical a typical office environment. The noise level in the work environment is usually quiet to moderate. Travel frequency: 20-30%.

Keywords: JAMES RIVER MANAGEMENT CO INC, Raleigh , Associate Underwriter, Other , Raleigh, North Carolina

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