Commercial Underwriting Consultant

Description

Summary

Performs in depth statistical analysis of Commercial industry groups and product lines; identifies trends and/or problem areas; monitors competitive position; analyzes impact of underwriting guidelines, pricing changes and market conditions for assigned industry groups product lines. Maintains a specialty in line of business/industry group.

Essential Job Functions

Supervise assigned personnel.

Prepares scheduled and on demand analysis, using Impact, Winners and MIS reports for assigned states industry groups and product lines of growth, profitability and attrition.

Identifies problem areas as a result of above analysis and recommends strategies or solutions where appropriate.

Analyzes competitor rules and practices regarding rate levels and underwriting practices.

Supports Regional Office R and D activities by providing staff assistance to Regional Office Research and Development personnel concerning competitive analysis, market analysis and other considerations.

Liaison to Commercial Actuarial for the preparation of rate and rule change proposals; assists with the preparation of supporting data and exhibits

Analyzes new legislation, recommends and monitors implementation of RO and HO changes necessary to be in compliance.

Provides assistance to Commercial Actuarial in the review of legislative activity relating to assigned product lines.

Develops changes to Underwriting rules and vendor utilization standards in support of established goals for Product lines; provides staff counsel to Regional Commercial departments regarding underwriting rules and exception review.

Reviews and provides feedback on research completed by Regional R and D staff.

Coordinates development and maintenance of ACU rules in conjunction with ACU Project Manager and Commercial Systems.

Coordinates development of training programs and educational development plans with the Commercial training department.

Monitors ISO, NCCI circulars and manages implementation scheduling in coordination with other departments.

Performs other functions as assigned.

Physical Demands

Physical Actions

Required job duties are essentially sedentary work consisting of occasional walking, standing, seeing and lifting and/or carrying 10 lbs maximum.

Physical Environment

Required job duties are normally performed in a climate controlled office.

Education Requirements

Four year college degree, or two years of college in addition to completion of CPCU, parts 1,3, and 4,and the experience required below; or the experience required below plus IIA certificate in General Insurance or actively pursuing CPCU program.

Experience and Special Skills Requirements

Experience Requirements

Five years of commercial insurance experience, working knowledge of statistical analysis and problem solving.

Special Skills Requirements

Ability to utilize PC and Mainframe systems. The posted position is for a salary grade 36, however, a salary grade 35 may be considered depending on the applicants background. Looking for a strong Commercial Underwriter.