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Trainee (Underwriting/Business Development) - 2019 in Lansing, MI at AF Group

Date Posted: 12/6/2018

Job Snapshot

Job Description



SUMMARY:

This is an entry level position that is part of a formal training program. Upon completion of the training program the trainee is expected to be familiar with the department policies, processes, procedures, and terminology related to the job. In addition, the trainee will be proficient in the job responsibilities and tasks of the progressive positions within the career path. The trainee will be evaluated on their progress during the training period and on successful completion of the training plan. Upon satisfactory completion of training, the trainee will be eligible for a targeted position within the career path.

RESPONSIBILITIES / TASKS:

In a Learning Capacity:

  • Learn and develop skills and competencies from performance of assigned duties.
  • Learn and develop skills and competencies in the use of systems, software, and programs.
  • Research and analyze information within Claims, Loss Control, Underwriting
  • Work on special projects as assigned.
  • Compute and provide reports, attend company meetings, and provide feedback to the appropriate supervisor(s).
  • Works with all internal departments to resolve problems and maintain company relations.
  • Participates as necessary on special committees and task forces.

Calculates, prepares and develops premium quotations using corporate underwriting guidelines within letter of authority

  • Determines underwriting eligibility for prospective policyholders and develops appropriate pricing for new business, renewals, and endorsements
  • Analyzes and reviews prospective accounts for insurability and accepts or rejects within letter of authority.
  • Supports agency relationships.
  • Develops new business and retention of existing business in a given territory or region.
  • Explains and emphasizes benefit of workers' compensation insurance products and services to customers (agents and policyholders).
  • Analyze accounts to determine exposure and proper pricing
  • Reviews loss trends and develops action plans to correct problem areas

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

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