Enable America Jobs

Enable America Logo

Job Information

AF Group Business Development Associate - 11523_43073982560_5-4459 in Chicago, Illinois

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12006731 Working at Fundamental Underwriters is more than a job. It\'s a career at one of the most dynamic, innovative, and successful insurance companies in the nation. In fact, we\'ve been named a Best Place to Work in Insurance by Business Insurance magazine multiple years in a row.

With career opportunities available in many disciplines at locations across the country, we\'re always looking to grow our exceptional workforce.

In conjunction with the Underwriter, reviews, analyzes, approves, or rejects complex business. Serve as liaison with company personnel regarding company business opportunities and problem resolution. Responsible for providing temporary assistance to field Underwriter and providing input when requested as part of the territories or regions overall agency plan.

RESPONSIBILITIES / TASKS:

  • Assist the Underwriter in the calculation, preparation and development of premium quotations using corporate underwriting guidelines
  • Assist the Underwriter in determining the underwriting eligibility for prospective policyholders and developing appropriate pricing for new business, renewals, and endorsements
  • Supports agency relationships
  • Supports agency plans in cooperation with other staff
  • Addresses agents\' and policyholders\' concerns/needs
  • Assist the Underwriter in developing new business and retention of existing business in a given territory or region
  • Explains and emphasizes benefit of commercial auto insurance products and services to customers (agents and policyholders)
  • Works with all internal departments to resolve problems and maintain company relations
  • Participates as necessary on special committees and task forces
  • Interprets and develops territory reports which reflect the status of the territory
  • Participates in promotional plans for both Fundamental Underwriters and agent activities
  • Analyzes and reviews production and loss information for agents
  • Prepares periodic reports as requested
  • Research and coordinates responses to agents, policyholders and regulatory entities
  • Assist the Underwriter with analyzing agency performance and develop corrective action plans as needed to correct poor performance
  • Assist the Underwriter in analyzing accounts to determine exposure and proper pricing
  • Gathers competitive and product information from the field
  • Assist in the training of agency employees on the use of company specific automation systems
  • Assist the Underwriter in reviewing loss trends and developing action plans to correct problem areas
  • Supports schedule for large account service plans with claims, loss control, premium audit, and other departments as needed
  • Provides input for agency advisory council meetings
  • Assists in the development of regional goals

This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

EMPLOYMENT QUALIFICATIONS

EDUCATION: Bachelor\'s degree in marketing, insurance or related field. Combinations of relevant education and experience in the following areas may be considered in lieu of a degree: Underwriting, marketing, loss prevention, and/or auditing. Continuous learning required, as defined by the Company\'s learning philosophy. Certification, or progress toward, highly preferred and encouraged.

EXPERIENCE: One-year of relevant experience which provides the necessary skills, knowledge and abilities is required. Agency management and marketing experience preferred or with proper education, successful completion of the trainee program.

SKILLS/KNOWLEDGE/ABILITIES REQUIRED:

Ability to exercis good judgment in evaluating and determining the proper pricing for prospective policyholders using corporate underwriting guidelines by accepting or rejecting risks for the purposes of issuing commercial automobile insurance coverage

Ability to initiate insurance transactions in compliance with all policies, procedures, legal and ethical guidelines

Ability to negotiate while establishing a personal rapport and maintaining an effective working and client relationship

Knowledge of commercial auto and the independent agency system

Ability to apply creative and persuasive techniques to maintain existing business and ability to be creative when presented with unique situation

Ability and proficiency in the use of computers and company standard software

Strong interpersonal skills and ability to create and maintain mutually beneficial relationships

Ability to work with minimum supervision and balance demands of a field position by supporting agents while keeping current with underwriting support workload

Ability to perform other assignments at locations outside the office

Ability to support agency relationships and to assist and support sound underwriting decisions

Knowledge of appropriate jurisdictional commercial auto laws

DirectEmployers