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Associate Underwriter
Allstate
Charlotte, NC, United States
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Where good people build rewarding careers.
Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.
Job Description
The Commercial Lines team acts as an intermediary between the agent and the insurance company, assisting the agent at multiple levels. The team markets risks to carrier partners on behalf of agents using a combination of automation and direct carrier placement. At different levels, sales skills and knowledge of risks and the insurance market are used to find and arrange suitable insurance policies and arrange coverage. The team acts in the interest of the agents and offers products from more than one insurer to provide the agents the best quotes available to them.
The Commercial Lines Analyst III is responsible for finding alternative markets for difficult to place commercial new business submissions that our outside of the expanded markets automation platform. The Analyst uses underwriter relationships to place business and consultative sales skills to assist to field agent in closing the sale with their customer.
Key Responsibilities:
• Reviews, analyzes, and prepares quote proposals within the parameters of the standards set and within the agreed upon service level agreements and state regulations
• Effectively communicates additional information needs within carrier eligibility guidelines
• Advances relationships with National Advisory Board agents by responding to inquiries that agents make through their NAB representatives
• Responsible for providing assistance and support for policy inquiries made from agents
• Instructions are clear and within the guidelines adopted by organization
• Answers complex inquiries and complaints regarding interpretation of policy, coverage, rules, and regulations
• Assists team members to understand and apply basic process, procedures, and guidelines
• Identifies potential unprofitable and/or problem risks/accounts and agents
• Consults with agents regarding features, advantages and disadvantages of policies and coverages
• Uses independent judgment to evaluate risk eligibility against carrier appetite guidelines to determine best market placement
• Negotiates with carrier underwriters to find the most suitable insurance for the agent’s clients at the best price
• Educates agent on various commercial aspects of writing business, including but not limited to classes, policies features
• Manages relationships with assigned ELITE agents. Assists CL Manager in identifying agents with high potential for CL business results
• Provides guidance and may assist in training junior staff but no direct supervisory responsibility
Job Qualifications
• 5+ years of underwriting, agency or placement experience
• Knowledge of P&C carrier underwriting and rating systems
• Knowledge of insurance industry rules, regulations and legal requirements
• Consultative sale skills, demonstrated ability to influence, teach and persuade agents to close a sale
• Relationship management - Negotiating and influencing – ability to impact the decision of others
• Experience with Property Casualty multi-line rating and underwriting
• College degree or equivalent combination of education and experience
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.