Underwriting Technical Specialist - Hybrid
Allentown, PA 
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Posted 1 month ago
Job Description
Description

At Selective, we don't just insure uniquely, we employ uniqueness.

Our Business

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2023 and certification as a Great Place to Workin 2023.

Working at Selective

At Selective, we don't just insure uniquely - we employ uniqueness. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.

Selective Insurance is looking for an Underwriting Technical Specialist for our Mid-Atlantic Region.

Overview Accountable for the Quality Assurance results in the respective region; technical underwriting, policies & procedures, and compliance. Evaluates complex and technically involved underwriting issues and provides advanced technical underwriting support. Acts as subject matter expert in areas including but not limited to eligibility, pricing, and regulatory issues, workflows, and automated systems. Serves as mentor to region and provides training as needed. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

JOB RESPONSIBILITIES:

  • Coordinates to assure that QA self-review is completed in the regions, conducts specific file QA's, responsible to complete roll up of region QA results on a quarterly basis identifying trends by LOB, SBU and individual;
  • Develops action plans for issues identified in biennial Region Underwriting Reviews and monitors to assure completion of such. Focal point for resolving all account review issues identified by reinsurer audits, SBU new business reviews, Region self-reviews, Hartford Steam Boiler audits, LOB risk analysis spreadsheets, Compliance reviews, and biennial Region reviews.
  • Acts as a coverage and technical resource for underwriting personnel in the region. Creates training & educational materials for new and existing region underwriting personnel. Provides and coordinates training to ensure thorough understanding of underwriting guidelines, issues and controls.
  • Examines legal and regulatory information and decisions to keep underwriting personnel and management informed of any underwriting developments. Ensures Insurance Department compliance and acts as liaison with corporate compliance. May assist or direct the coordination of responses to Insurance Department complaints for the region.
  • Acts as liaison between underwriting management, SBU, BSU, Operations Optimization & Compliance to resolve system problems, form issues, rating issues, and workflow changes/enhancements. May represent regional underwriting on committees.
  • Audits underwriting policies or procedures to ensure compliance with company guidelines.
  • Answers claim inquiries. May testify in court and/or participate in the taking of depositions as needed on claims or coverage issues. Coordinates hypothetical claim scenario responses with Legal. Completes Large Loss reviews for submission to the SBU.
  • Represents company in a highly professional manner and provides knowledgeable and exemplary service to the company in an underwriting capacity.

JOB QUALIFICATIONS:

  • 10+ years of recent insurer experience .
  • Understanding of state and regulatory requirements in the insurance industry.
  • College degree in risk management, business, finance, or a related field preferred.
  • Strong multi-line underwriting technical skills.
  • Excellent written and verbal communication skills.
  • CPCU preferred.

The expected starting salary range for an Underwriting Technical Specialist is $106,000 - $152,000. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's uniqueopinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

Selective maintains a drug-free workplace.

#LI-BB1 #LI-Hybrid





 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
10+ years
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