The Mutual Group is seeking an Underwriting Associate to contribute to the underwriting of a profitable and risk adverse portfolio. This role involves assisting Underwriters with business development and building relationships with assigned producers and wholesalers.
Responsibilities
- Within individual authority level, review and analyze exposures to make independent decisions regarding the risk selection for submissions and renewals
- Manages to production standards, maintains file documentation, and ensures compliance with internal and external regulations and guidelines
- Communicates with agents in order to complete defined underwriting tasks to include obtaining missing information, clarifying account information and negotiating within authority limits
- Provide support to Underwriters, at any point in the process post bind business production for all lines of business
- Pull financial and other industry reports to assist underwriters with territory review
- Reviews submission files for complete information, evaluates coverage selections, and reviews pre-qualification details for underwriters
- Assist Underwriters in identifying loss drivers of the book of business as well as growth opportunities with the assigned territory
- Actively participates in continuous improvement by fully engaging in the underwriting function, generating suggestions, following appropriate procedures, and performing basic underwriting analysis on accounts
- Identify opportunities for process improvement and develop strategies to present to management for their consideration
- Provide assistance to the Customer Care Center by researching information with agents and wholesalers as requested
- Perform other related work as assigned
Skills
- High school education or equivalent
- One (1) year experience in the Property & Casualty insurance industry
- General knowledge of common terms, practices, processes and regulations in the insurance industry
- Effective written and verbal communication skills
- Proficient typing and data entry skills
- Proficient in use of Microsoft Office suite including Basic Excel skills, Intermediate Word and Outlook skills
- Effective analytical, problem-solving and decision-making skills
- Strong attention to numeric and other details
- Strong customer service orientation
- Adaptability to meet changing business needs
- Organizational skills and ability to manage large work volume and meet tight deadlines
- Associate or Bachelor's degree in business administration, finance or related field preferred; equivalent relevant work experience
- Insurance Industry course work completion preferred
Benefits
- Competitive base salary plus incentive plans for eligible team members
- 401(K) retirement plan that includes a company match of up to 6% of your eligible salary
- Free basic life and AD&D, long-term disability and short-term disability insurance
- Medical, dental and vision plans to meet your unique healthcare needs
- Wellness incentives
- Generous time off program that includes personal, holiday and volunteer paid time off
- Flexible work schedules and hybrid/remote options for eligible positions
- Educational assistance
Company Overview
- The Mutual Group is an an integrated insurance operations platform serving the mutual industry. It was founded in 2024, and is headquartered in West Des Moines, Iowa, USA, with a workforce of 201-500 employees. Its website is https://www.themutualgroup.com.