Underwriter 1 (Trainee/Workers Compensation)
Berkshire Hathaway Homestate Companies, Workers Compensation Division, has an opportunity for an Underwriter Trainee on its Clayton, Missouri team. This role involves evaluating new and renewal business, applying basic underwriting concepts, and providing exceptional customer service while building agency relationships.ResponsibilitiesSuccessfully completes the Underwriting training curriculum, introducing workers compensation law, rating and pricing regulations, negotiation techniques, and service standardsReviews applications for insurance coverage proficiently, ensuring applicable information is accurate and complete for pricing determinationWorks with the Underwriting Support Specialist team to gather appropriate information needed and reaches out to agency partners to request any additional information requiredAnalyzes current and prospective policyholders to determine appropriate quotation, indication or declination of policyCommunicates pricing within a predetermined authority level to brokers and producers using industry standards and proprietary software and databasesEnsures profitability and new business goals are metMakes prompt, sound decisions on issues that arise in submissions based on the best information availableProperly escalates issues timely to SupervisorCoordinates with Underwriting Support Specialists to bind agreed upon policiesPrepares Loss Control requests for appropriate accountsCommunicates effectively with external clientele and internal resource partners telephonically, via electronic correspondence and if appropriate, in the fieldContributes to productive agency relationships and client retentionEnsures deadlines are met and prompt response is providedAccompanies other Underwriters and Marketing Managers to agency visits aimed at learning and promoting improved agency relationshipsPerforms special assignments and projects as assignedSkillsBachelor's degree from an accredited college or university is requiredAble to read, analyze, and interpret general business periodicals, professional journals, technical procedures and governmental regulationsAble to write detailed reports, business correspondence and procedure manualsAble to effectively present information to management and public groupsAble to solve practical problems and deal with a variety of variables in situations where only limited standardization existsAble to interpret a variety of instructions furnished in written, oral, diagram, or schedule formAble to apply concepts such as addition, subtraction, multiplication, division, fractions, percentages, ratios, and proportions to practical situationsAbility to work with mathematical concepts such as probability and statistical inferenceProficient in Microsoft Office Suite of applications and able to become adept with proprietary and vended software applicationsAble to support and explain reasons for decisions and identify items requiring additional information or actionStrong interpersonal and conflict resolution skillsAble to prepare clear written text on varying subject matterAble to successfully build relationship and adapt communication style in various environmentsAble to work at a quick pace while demonstrating accuracy, thoroughness, and adherence to processesBenefitsWork From Home Flexibility (up to 2 days per week upon eligibility)Paid Time OffPaid HolidaysRetirements Savings - Immediate Vesting + Company MatchGroup Health Insurance (Medical, Dental, and Vision)Life and AD&D InsuranceLong Term Disability InsuranceHospital Indemnity InsuranceAccident and Critical Illness InsuranceFlexible Savings AccountsPaid Community Volunteer DayEmployee Assistance ProgramTuition Reimbursement ProgramEmployee Referral ProgramDiversity, Equity and Inclusion ProgramCompany OverviewFinancial Strength and Integrity With more than 50 years in business, BHHC has grown from a regional organization to a national insurance group, offering insurance products from coast to coast. It was founded in 1970, and is headquartered in Omaha, Nebraska, USA, with a workforce of 501-1000 employees. Its website is https://www.bhhc.com.
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