Full-Time Farm Underwriting Specialist
Job Description
LOCATION: Winnipeg, Altona (Hybrid)
REPORTS TO: Farm Lines Underwriting Manager
SCHEDULE: Full-time
DIRECT REPORTS: N/A
COMPANY PROFILE:
Red River Mutual is a progressive insurance company with a focus on our customers and employees. We believe everyone has a right to feel safe and protected, and to know that someone is looking out for them. We treat our employees like family members – we’ll be honest with them, support them, offer a listening ear, admit when we’re wrong and be a positive force in their lives and in our communities.
PURPOSE OF POSITION:
The Farm Underwriting Specialist will demonstrate strong technical underwriting knowledge and expertise for all segments of Farm Insurance. The Farm Underwriting Specialist is responsible for reviewing individual applications of insurance, evaluating the degree of risk involved, and suggesting recommendations for risk improvement or rejection of the applications if necessary. The Specialist would also be responsible for underwriting moderate to complex Agri-Business risks in order to contribute to a profitable portfolio of business. A Farm Underwriting Specialist must demonstrate high levels of subject matter expertise and provide indirect leadership to the Farm lines team.
KEY RESPONSIBILITY AREAS:
- Apply strong technical knowledge of underwriting procedures, company rate manuals and other various coverages
- Handle complex requests for quotes, renewals and endorsements, recommending innovative solutions when necessary
- Assess and accept/decline risk within underwriting guidelines and within your approved binding authority
- Consult and collaborate with stakeholders regarding unique or unusual risks to minimize adverse risk selection and to maintain the quality and profitability of the portfolio and refer risks outside binding authority
- Provide technical advice, training and on-boarding to all levels of the underwriting team, including peer file reviews
- Maintain Farm lines service standard requirements and awareness of market trends, pricing levels and amendments
- Development and maintenance of underwriting manuals and guidelines
- Provide product management support to the Underwriting and Product & Innovations Departments, which includes wording, coverage, product and program development
- Enter policies and understand policy details by checking the policy on the policy management system
- Represent Red River Mutual to Brokers as well as other internal and external stakeholders orally and in writing, via telephone, e-mail, in person. Representation of the Company at industry events and at brokers’ offices, through networking, training and/or presentations is also a requirement
SKILLS & QUALIFICATIONS:
- Leadership, teamwork and collaboration skills
- Excellent written and verbal communication skills
- Strong problem solving, analytics and decision-making skills
- Ability to organize and manage information with a high attention to detail
- Customer service oriented
- Integrity with confidential customer information
- A degree in business or another relevant field
- CIP designation or working towards CIP designation an asset
- Minimum 3-5 years’ experience analyzing and servicing moderate to complex farm risks
- Experience in risk assessment, loss prevention, coverage development, and rating comprehension
How to Apply
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