Senior Commercial Underwriter - (Remote/Home Based)
The world isnt standing still, and neither is Allstate. Were moving quickly, looking across our businesses and brands and taking bold steps to better serve customers evolving needs. Thats why now is an exciting time to join our team. Youll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
Youll do all this in an environment of excellence and the highest ethical standards a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from lifes uncertainties so they can realize their hopes and dreams. For more than 89 years weve thrived by staying a step ahead of whatevers coming next to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. Weve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We dont follow the trends. We set them.Job Description
The Underwriting team is responsible for providing underwriting support and direction to the sales management team and their marketing forces for the purpose of improving growth and profit opportunities for new and in-force commercial lines of insurance within assigned territories. The team performs various responsibilities centered around quality, communication and policy evaluation all in support of developing and maintaining a profitable book of business within the territories.
The Underwriting Sr Consultant provides underwriting support and direction to sales management and their marketing forces for the purpose of improving growth and profit opportunities for new and in-force commercial lines of insurance within assigned territories. The Senior Consultant builds and maintains agency relationships for the common purpose of providing extraordinary customer relationships while profitably growing a multi-line book of business. The Senior Consultant performs in a technical and/or staff leadership capacity, assisting underwriting management in research/development, and training. In addition, the role participates and/or leads in quality reviews, problem solving, and other discussions, with appropriate input and solution-oriented goals. The role implements approved changes, enhancements, etc., independently.
Develop and Maintain a Profitable Book of Business
- Reviews, analyzes, and prepares quotes, new business, endorsements, and renewals, within referral guidelines for position
- Prepares recommendations on referral files outside of authority
- Tracks and analyzes performance and profitability trends within territory
- Makes recommendations for actions plans, and implements changes once approved
Support Quality, Production, and Service Level Agreement Goals
- Work is within set parameters of quality and production standards, as applicable, and within agreed upon Service Level Agreements and state regulations
- Works with team to perform quality reviews, production trends, and adherence to Service Level Agreement goals; makes recommendations for improvements
- Takes active role in preceding function; works as check the checker in oversight of quality reviews; confers with Field Sales organization on production trends; confers with Business Insurance Customer Center on Service Level Agreements
- Effectively communicates additional information needs, analysis process within eligibility guidelines, and decisions, to sales producers and management
- Instructions are clear and within Best Practice adopted by organization
- Answers complex inquiries and complaints regarding interpretation of policy, procedures, rules, and regulations
- Assists team members to understand and apply basic policies, procedures, and theories
- Delivers formal and informal presentations
- Distributes and/or participates in industry and/or cross functional team communications
Assists in Formulation of Plans, Programs, Policies, and Procedures
- Works with team to review plans, programs, policies, and procedures to evaluate current results, identify opportunity areas, and contributes to the formation of actions plans
- Work with management team to implement agreed upon changes, enhancements, etc.
- Identifies unprofitable and problem risks/accounts and producers
- Confers with agents/customers/field management/underwriting management regarding underwriting concerns
- Handles complex interpretation of policies, rules, and regulations, and rating programs
- File documentation is clear and within Best Practice adopted by organization
- Prepares complex reports, proposals, and/or presentations; conducts presentations for such reports and/or proposals
- 10 years underwriting experience
- College degree - required. Bachelor's preferred.
General knowledge of:
- Company organization, structure, operations, objectives, and performance
- Insurance industry rules, regulations, and legal requirements
- Familiarity of assigned territory, including competitive position and marketplace
- Past programs and results
Advanced knowledge of:
- Computer programs such as Word, Excel, Outlook, PowerPoint
- Multi-line products
- Physical, financial, and motor vehicle records reports
- All rating plans
- Financial/business/hazard/premium analysis
- All underwriting/rating systems
- Use of complex and sophisticated pricing/coverage programs
Compensation range for this position is$64,700 - $112,000per year, based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands.
As a Fortune 100 company and industry leader, we provide a competitive salary but thats just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, youll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.For a full description of Allstates benefits, visit allstate.jobs/benefits/
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
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