Location: United States-Remote
Department: Risk/Workers' Compensation
Position Type: Full Time Exempt
Engage PEO, recognized on the "INC. 5000 Honor Roll for the Fastest Growing Private Companies’ is seeking future Engagers who are ready to build a rewarding future. The Workers' Compensation Underwriter is responsible for evaluating, selecting, accepting or rejecting, pricing, and servicing workers' compensation insurance policies in accordance with accepted company procedures and guidelines. This role maintains effective broker relationships and manages profitability while ensuring compliance with underwriting standards.
PRIMARY RESPONSIBILITIES:
Evaluate new business submissions and all policy documentation to determine hazards and exposures associated with prospective clients and potential placement in insurance programs
Ensure documentation contains accurate information for underwriting, including proper class codes, locations, payroll, and loss information
Review submission information to provide recommendations on proper insurance program placement, prepare and monitor submissions, obtain quotes, and calculate proper billing rates
Ensure all premium, collateral, and expenses are paid for every bound policy
Assist with underwriting audits and monitoring activities related to individual accounts or programs
Manage and report on program performance for growth and profitability
Review and identify risks with performance issues; collaborate with claims and loss control for client intervention when necessary
Analyze submissions to determine placement requirements for Master policies, Brokered, or Xcomp placements
Add new submissions timely to Log and Database with proper status codes, notes, and dates
Maintain documentation for prospect folders including emod, Proof of Coverage, website, address, and OSHA information
Refer accounts outside underwriting authority to Management before providing indications or approved pricing
Review implementations and mock payrolls for accuracy, including class codes, positions, and billing/cost rates
MINIMUM QUALIFICATIONS:
College degree or equivalent work experience
5+ years Underwriting Workers' Compensation
Knowledge of PRISM, Isolve, or Client Space a plus
Experience utilizing SharePoint for shared documentation access
Gradient pricing tool, a plus
Excel
PREFERRED QUALIFICATIONS
Strong problem-solving skills and creativity while adhering to underwriting guidelines and authority levels
Ability to confidently confront and address issues, instilling trust with clients and team members
Excellent interpersonal skills with the ability to relate well to people at all levels, both inside and outside the organization
Strong communication skills with broker partners and external clients
Ability to embrace and respond positively to change
Willingness to provide and accept constructive feedback
Self-motivated with the ability to seek out new challenges and look for ways to improve performance
Exceptional customer service skills—courteous, professional, and helpful at all times
Ability to use diplomacy and tact; comfortable diffusing high-tension situations
Strong organizational skills with attention to detail and documentation
COMPENSATION:
The starting base pay for this position is listed below. However, you should know that the pay rate may vary based on regional location, the candidate’s skill, and relevant experience. In addition, some positions may include a form of bonus or other incentive compensation, which would not be included in this salary range.
Salary Range: $50,000-$65,000
BENEFITS: We offer a comprehensive Benefits Package to our full-time salaried, hourly, or commissioned workers.
3 Weeks Paid Time-Off per Year (Increasing with seniority)
Parental Leave
Paid Holidays
Your choice of Medical Insurance Plan or HSA with a generous employer contribution
Life Insurance with an employer-paid base
Dental and Vision
Long-Term Disability Insurance with an employer-paid base
Short-Term Disability Insurance
Pre-tax Savings on most employee insurance premiums
Medical Expense Flexible Spending Account
Dependent Care Flexible Spending Account
Commuter and Parking Pre-tax Benefits
Discount Tickets on Theme Parks and Attractions
We believe our success is primarily due to our diverse, talented employees who help to cultivate an inclusive learning culture. We encourage open, regular communication and development that fosters our strong team culture. We are committed to providing inclusive equal employment opportunities to all employees, applicants for employment, and other covered individuals without regard to race, color, religion, age, sex, disability, national origin, citizenship, genetics, military status, sexual orientation, gender identity or expression, family status, or any other characteristic protected by federal, state, or local laws.
Furthermore, we are committed to complying with all federal, state, and local anti-discrimination, anti-harassment, and anti-retaliation laws.
Engage PEO is an Equal Opportunity Employer