Midwest Employers Casualty (MEC) is a member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best Company, based in Chesterfield, MO. We improve the quality of life for employees severely injured on the job and help companies understand and mitigate their risk for workers’ compensation injuries. MEC has a friendly, results-focused work environment. We seek employees who take initiative, are quick to adapt, are dependable, and like working as part of a team.

 

Company URL: https://www.mecasualty.com/                 

 

The company is an equal opportunity employer.

The Underwriter, ISI is responsible for the appropriate management and underwriting of an assigned book of business, under the mentorship of senior department staff. This includes executing objectives related to production and profitability goals; demonstrating underwriting discipline; appropriately underwriting accounts; effectively negotiating with brokers; and consistently delivering MEC’s value proposition.

 

Key functions include but are not limited to:

 

Financial

• Responsibly manage assigned book of business for MEC to attain profitability and growth objectives:
  • Maintain awareness of MEC’s financial forecast plan and work closely with team members to achieve the plan.
  • Meet or exceed renewal account retention, premium and loss ratio goals.
  • Meet or exceed new business premium and loss ratio goals.
  • Coordinate with Business Development staff regarding new business account development.

Underwriting Discipline

• Consistently demonstrate underwriting discipline through adherence to MEC’s underwriting approach and guidelines:
  • Continue to develop sound technical knowledge regarding primary workers’ compensation insurance, excess workers’ compensation insurance, underwriting risk analysis, actuarial analysis, policy forms, endorsements, and IT applications.
  • Adhere to underwriting department policies, guidelines, and authority levels.
  • Demonstrate thorough analysis of risk, establishment of appropriate terms, and appropriate documentation to support analysis and terms.
  • Submit referrals as required, including key account information and recommendations.

Relationship Management

• Deliver exceptional customer service to our brokers and customers:
  • Demonstrate in-depth knowledge regarding assigned accounts and brokers.
  • Meet or exceed service standards to our broker partners regarding submission management, quote due dates, responsiveness to communications, and addressing questions/requests.
  • Maintain excellent working relationships with assigned brokers, and further develop brokers to utilize MEC’s value proposition in the positioning of new and renewal accounts.
  • Participate in client calls with determined accounts (new or renewal) to demonstrate MEC’s value.

Value Proposition

• Consistently demonstrate knowledge and utilization of MEC’s value proposition and services:
  • Remain knowledgeable and up to date regarding MEC resources, services, and outcomes of recommended services:
    • MEC Claims Advantage services.
    • XCEL Analytics services.
• Demonstrate ability to identify services that would potentially be of most value to customers.

MEC Strategic Initiatives and WRB Initiatives

• Remain knowledgeable of MEC’s strategic initiatives and assist, where needed, in the development/execution of each.
• Remain knowledgeable of WRB’s corporate initiatives and become actively involved, where needed.

• Bachelor’s degree or equivalent, preferably in Insurance or Business.
• 3-5 year years workers’ compensation insurance experience.
• Strong analytical skills and the ability to make sound business decisions.
• Ability to build trust and gain credibility with co-workers and business partners.
• Ability to work in a team-oriented, collaborative environment.
• Technically competent with Excel, Word, PowerPoint, and Operational Systems.
• Strong analytical skills and the ability to make sound business decisions.
• Demonstrate effective written, oral, and listening communication skills in a way that will contribute to the highest quality of service to both internal and external customers, and team members.
• Strong customer service skills.
• Ability to remain calm, focused, and confident in all situations.
• Highly self-motivated and directed.
• Advanced time management and follow-through skills.

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship not Offered for this Role