Underwriting Technical Specialist - Hybrid
Description At Selective, we don't just insure uniquely, we employ uniquenessOur Business Selective is a midsized U.Sdomestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2023 and certification as a Great Place to Workin 2023Working at Selective At Selective, we don't just insure uniquely - we employ uniquenessEmployees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared successTogether, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occursSelective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal lifeThese benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plansAdditional details about our total rewards package will be provided during the recruiting processSelective Insurance is looking for an Underwriting Technical Specialist for our Mid-Atlantic RegionOverview Accountable for the Quality Assurance results in the respective region; technical underwriting, policies & procedures, and complianceEvaluates complex and technically involved underwriting issues and provides advanced technical underwriting supportActs as subject matter expert in areas including but not limited to eligibility, pricing, and regulatory issues, workflows, and automated systemsServes as mentor to region and provides training as neededAll job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirementsJOB
Responsibilities:
Coordinates to assure that QA self-review is completed in the regions, conducts specific file QA's, responsible to complete roll up of region QA results on a quarterly basis identifying trends by LOB, SBU and individual; Develops action plans for issues identified in biennial Region Underwriting Reviews and monitors to assure completion of suchFocal point for resolving all account review issues identified by reinsurer audits, SBU new business reviews, Region self-reviews, Hartford Steam Boiler audits, LOB risk analysis spreadsheets, Compliance reviews, and biennial Region reviewsActs as a coverage and technical resource for underwriting personnel in the regionCreates training & educational materials for new and existing region underwriting personnelProvides and coordinates training to ensure thorough understanding of underwriting guidelines, issues and controlsExamines legal and regulatory information and decisions to keep underwriting personnel and management informed of any underwriting developmentsEnsures Insurance Department compliance and acts as liaison with corporate complianceMay assist or direct the coordination of responses to Insurance Department complaints for the regionActs as liaison between underwriting management, SBU, BSU, Operations Optimization & Compliance to resolve system problems, form issues, rating issues, and workflow changes/enhancementsMay represent regional underwriting on committeesAudits underwriting policies or procedures to ensure compliance with company guidelinesAnswers claim inquiriesMay testify in court and/or participate in the taking of depositions as needed on claims or coverage issuesCoordinates hypothetical claim scenario responses with LegalCompletes Large Loss reviews for submission to the SBURepresents company in a highly professional manner and provides knowledgeable and exemplary service to the company in an underwriting capacityJOB
Qualifications:
10
years of recent insurer experience Understanding of state and regulatory requirements in the insurance industryCollege degree in risk management, business, finance, or a related field preferredStrong multi-line underwriting technical skillsExcellent written and verbal communication skillsCPCU preferredThe expected starting salary range for a Production Underwriter role is$82,000 - $130,000 with an aggressive bonus structureThe actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprintAdditional considerations include relevant education, qualifications, experience, skills, performance, and business needsSelective is an Equal Employment Opportunity employerThat means we respect and value every individual's unique opinions, beliefs, abilities, and perspectivesWe are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing successBuilding a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusionWe expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinionsSelective maintains a drug-free workplace#LI-BB1 #LI-Hybrid Recommended Skills Auditing Business Requirements Claim Processing Communication Finance Hardworking And Dedicated Apply to this job. Think you're the perfect candidate? Apply on company site $(document).ready( function() $(#ads-desktop-placeholder).html(
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n Estimated Salary: $20 to $28 per hour based on qualifications.
Responsibilities:
Coordinates to assure that QA self-review is completed in the regions, conducts specific file QA's, responsible to complete roll up of region QA results on a quarterly basis identifying trends by LOB, SBU and individual; Develops action plans for issues identified in biennial Region Underwriting Reviews and monitors to assure completion of suchFocal point for resolving all account review issues identified by reinsurer audits, SBU new business reviews, Region self-reviews, Hartford Steam Boiler audits, LOB risk analysis spreadsheets, Compliance reviews, and biennial Region reviewsActs as a coverage and technical resource for underwriting personnel in the regionCreates training & educational materials for new and existing region underwriting personnelProvides and coordinates training to ensure thorough understanding of underwriting guidelines, issues and controlsExamines legal and regulatory information and decisions to keep underwriting personnel and management informed of any underwriting developmentsEnsures Insurance Department compliance and acts as liaison with corporate complianceMay assist or direct the coordination of responses to Insurance Department complaints for the regionActs as liaison between underwriting management, SBU, BSU, Operations Optimization & Compliance to resolve system problems, form issues, rating issues, and workflow changes/enhancementsMay represent regional underwriting on committeesAudits underwriting policies or procedures to ensure compliance with company guidelinesAnswers claim inquiriesMay testify in court and/or participate in the taking of depositions as needed on claims or coverage issuesCoordinates hypothetical claim scenario responses with LegalCompletes Large Loss reviews for submission to the SBURepresents company in a highly professional manner and provides knowledgeable and exemplary service to the company in an underwriting capacityJOB
Qualifications:
10
years of recent insurer experience Understanding of state and regulatory requirements in the insurance industryCollege degree in risk management, business, finance, or a related field preferredStrong multi-line underwriting technical skillsExcellent written and verbal communication skillsCPCU preferredThe expected starting salary range for a Production Underwriter role is$82,000 - $130,000 with an aggressive bonus structureThe actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprintAdditional considerations include relevant education, qualifications, experience, skills, performance, and business needsSelective is an Equal Employment Opportunity employerThat means we respect and value every individual's unique opinions, beliefs, abilities, and perspectivesWe are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing successBuilding a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusionWe expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinionsSelective maintains a drug-free workplace#LI-BB1 #LI-Hybrid Recommended Skills Auditing Business Requirements Claim Processing Communication Finance Hardworking And Dedicated Apply to this job. Think you're the perfect candidate? Apply on company site $(document).ready( function() $(#ads-desktop-placeholder).html(
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n Estimated Salary: $20 to $28 per hour based on qualifications.
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