Analyzes new and existing personal lines business to evaluate degree of risk and potential exposure; accepts, rejects, or modifies coverage; underwrites policies and establishes appropriate premiums according to underwriting authority and guidelines as provided under Company Policies and in compliance with current legislation.
An in-person interview may be required during the hiring process
State specific pay scales for this role are as follows:
$44,466.00 to $77,881.00 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)
$ 40,424.00 to $70,801.00 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)
$ 36,381.00 to $63,721.00 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
In CA: Typical hiring range is $60,000.00 to $67,290.85
The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.
Essential Job Functions:
• Obtains and utilizes pertinent information such as inspection reports, motor vehicle reports, photographs, comprehensive loss reports, registration information, and other third party data to evaluate a personal lines risk and determine acceptability. Reviews endorsements, renewals and other information for existing accounts and re-evaluates the policy in order to determine changes in risk, premium or acceptability per Company guidelines. Ensures accurate and timely processing of updates.
• Influences sales by providing exceptional service and building strong relationships with agents. Helps manage the sales process through assisting agents in placing new business and retaining existing customers.
• Keeps abreast of underwriting developments, products and changes within the Company as well as the industry. Identify opportunities where the Company can position itself more competitively in the marketplace and make significant improvements in pricing and underwriting.
• Participates as a project team member where duties may include: contributing to overall project objectives, completing individual deliverables and providing expertise.
• Other duties as assigned by Leader.
• Regular attendance at work on a full-time schedule of at least 8 hours and 40 hours per week.
Education:
• Bachelor’s Degree required.
Experience:
• 6 months related experience and formal underwriting training
• Or equivalent combination of education and/or experience
Knowledge and Skills:
• Effective and diplomatic verbal and written communication skills to correspond with agents, insureds, marketing and claims personnel concerning policies, coverage, etc.
• Work is of moderate technical complexity, calling for general knowledge of underwriting standards, philosophy and practices.
• Ability to analyze complex data to assist in decision making.
• Requires independent judgment to make decisions beyond the scope of established guidelines and parameters of underwriting, having a moderate to significant impact on the Company in terms of costs, revenue, and customer and agent relations.
• Requires critical attention to detail and strong organizational skill.
• Effective listening skills.
Why choose a career at Mercury?
At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.
Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.
We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.
Learn more about us here: https://www.mercuryinsurance.com/about/careers
We offer many great benefits, including:
Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.
USD $44,466.00 - USD $77,881.00 /Yr.
At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help other others. Everyone needs insurance and we can’t imagine a world without it.
Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We are an award-winning company, and we owe that to our amazing team!
We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.
Mercury was founded in 1961 by George Joseph, Mercury’s Founder and Chairman. Back in the 50s, everyone paid the same rate, regardless of their driving record. Joseph decided he could create a new system by developing an insurance company that used different factors to create fair and equitable rates for a variety of drivers.
“We called our company Mercury, because I wanted us to be fast and nimble, just like the Roman God of business and merchants,” says Joseph. “He was also responsible for delivering good news to people on Earth, which is exactly what we do for Mercury customers every day.”
We, Mercury Insurance (NYSE-MCY), are a leading independent broker and agency writer of automobile insurance in California and one of the fastest growing automobile insurers in the nation. We were ranked as the fourth largest private passenger automobile insurer in California, with over $4.5 billion in total assets, 4,500 team members, and 8,000 independent agents.
We started by providing comprehensive coverage options for auto and expanded our offerings into home, condo, renters, and business insurance, as well as mechanical protection. We operate through a network of local, independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia.
