Grinnell Mutual Reinsurance Company


    Job Locations US-IA-Grinnell
    Posted Date 1 week ago(1 week ago)
    Job ID
    # of Openings
  • Overview

    Reviews personal lines policy applications, change requests, and renewals to evaluate degree of risk, classify, and rate for insurance and either accept, modify, or decline risk following organization underwriting guidelines. Collects risk data to identify, evaluate, and select applicable classification codes, forms, endorsements, and rate. Serves as a consultant to producers, claims, processing, loss control, reinsurance, and marketing personnel for personal lines policy inquiries.


    • Analyzes new account application and collects data related to the exposure to determine risk eligibility.


    • Reviews prior loss run information and company acceptability guidelines to determine acceptance, modification, or rejection of policy application.


    • Classifies risk for rating, endorsing, pricing, and reinsurance placement by reviewing underwriting manual guidelines.


    • Processes policy renewals by analyzing risk experience, loss ratio, and determines continued acceptability of risk. Performs re-underwriting of existing business as needed.


    • Updates policy data by reviewing MVRs, Clue reports, listed drivers, cost estimators, and loss control reports and takes appropriate measures. Monitors policies in assigned territory for policy activity, changes, and claims.


    • Communicates policy information and coverages to agents by telephone, email, or fax related to acceptance, modification, or denial of risk acceptance or general inquiries.


    • Reviews Loss Review data and follows up based upon the information presented.


    • Makes field visits and attends producer schools to familiarize agents with and promote GMRC products while increasing business relationships.


    • Designs product presentations and delivers presentations occasionally to varied small groups.


    • Attends internal and external meetings and contributes to meetings by asking questions or presenting information verbally or in written form.


    • Reviews agency performance records and contributes findings during the agency review process.


    • Performs other duties as assigned.



    Working conditions and physical efforts



    • To perform this job successfully, an individual must be able to perform each job duty and responsibility satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform job duties and responsibilities.



    • The Personal Underwriter deals with many types of people, including challenging agents, which can be stimulating, yet demanding and stressful.



    • The Personal Underwriter frequently works under imposed deadlines with expected interruptions to the workflow making it difficult to anticipate the nature and volume of work to perform.



    • The position is physically located in the home office in a cubicle setting within a typical office environment. The position requires an individual sit for long periods of time.



    • The position requires the individual to frequently talk on the telephone.



    • Ability to exert up to 20 pounds of force and to lift up to 10 pounds.



    • The noise level in the work environment is usually moderate.


    • Bachelor's degree (B.A) from four-year accredited college or university; or equivalent combination of education, training, and experience.



    • Knowledge of insurance policy language and insurance policy forms is required.



    • Ability to analyze data presented in insurance policy applications or renewals and determine acceptance, modification, or denial of the risk.



    • Ability to use personal judgment, experience, known facts, and figures to make decisions and resolve problems.



    • Ability to maintain confidentiality of underwriting information and proprietary company information.



    • Ability to relay policy information using the telephone, email, or fax and demonstrate effective writing skills to develop memos, requests for information, and other business correspondence obtained through conversations with agents, or from data and information gathered for underwriting functions.



    • Ability to provide a high level of internal and external customer service by delivering timely responses to customer inquiries.



    • Ability to talk to others to convey information effectively, including using negotiation skills and defending of positions.



    • Ability to manage multiple priorities and projects as required by business need.


    • Ability to organize a large amount of reference materials for easy retrieval and reference while underwriting policies.



    • Knowledge and application of basic math, including calculating percentages and ratios.



    • Ability to function independently and work in an environment with limited supervision.



    • Ability to identify, set, and achieve goals.



    • Ability to use general office equipment including PCs, telephone, fax, copier/scanner, calculator, and demonstrate basic knowledge of Microsoft Office suite products including MS Word and Outlook.



    • Ability to use internet search engines and web sites to locate policy information.



    • Ability to work in a team environment and assist team members by providing one-on-one system training upon request.



    • Ability to maintain a valid driver’s license and travel from the home office GMRC agent offices, or GMRC insured locations. Overnight travel is required, with a multi-state region, approximately 5 - 10% of time depending on territory size.


    • Ability to maintain regular and predictable schedule to meet the needs of our customers and provide adequate coverage during our core business hours.


    This job description is not intended to describe, in detail, the multitude of tasks that may be assigned, but rather to give the employee a general sense of the responsibilities and expectations of his/her position. As the nature of the business demands change, so too may the job duties and responsibilities.


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