Please note, employment offered to residents in the following states only: Connecticut, Delaware, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont.

At Preferred, we understand the importance of holistic health. To meet the diverse needs of our employees, we offer a comprehensive set of benefits:

Financial

• Short-term disability, long-term disability, and life insurance coverage are provided at no cost
• Optional benefits include enhanced life insurance and critical illness plans
• 401k plan with an employer contribution that you will receive regardless of your own contribution to the plan
• A cash-balance pension plan
• Student Loan Repayment Assistance
• A short-term incentive plan for all employees

Social

• Generous paid time off, offering of 25 days at hire (prorated based on start date for the first year)
• 7 days of paid sick leave
• 10 paid company holidays
• Personalized paid time off after 3 years!

Emotional

• Access to 26 sessions with a BetterHelp therapist each year for you and up to 5 dependents, as well as access to all of BetterHelp’s group and digital resources
• Access to Family First, a team of care experts who can provide you and your loved ones 1:1 assistance with a variety of caregiving solutions, from elder care to legal and financial challenges, insurance and Medicare navigation, and more!

Physical

• Medical, dental, and vision coverage options begin on the first day of employment
• Health Savings Accounts (with a generous employer contribution!)

YOUR PURPOSE AND FUNCTION IN OUR COMPANY:

The Underwriting Specialist will work to advance organizational capability and performance through the execution of key SBU initiatives.  The Underwriting Specialist will:

• Manage assigned SBU initiatives, acting as Owner and Lead as appropriate:
  • Consistently contribute meaningful SBU expertise/acumen in support of initiatives
  • Identify and assist in the development of business cases, return on investment projections and anticipated impact for internal and external initiatives. 
  • Collaborate with SBU Leadership to prioritize and propose strategic initiatives, managing resource for optimal advancement
    • Develop business requirements in support of identified initiatives
    • Coordinate advancement of objectives with PMIC business partners (Project Management Office, Internal IT, Actuary, Product Development)
  • Coordinate (in conjunction with IT QA team) system-related testing protocols 
  • Assist in managing group of existing business partners/vendors, making recommendations for improvement/advancement.

• Act as technical expert and/or subject matter expert for SBU
• Provide leadership within departmental discussions and meetings
• Interact with core business staff to identify enhancements of highest need (product/process)
• In conjunction with Underwriting Managers, identify and advance SBU organizational capacity and efficiencies
• Develop, communicate, and maintain repositories for procedures and guidelines
• Develop rollout strategies for SBU advancement initiatives, lead communication and training plans.
• Organize and facilitate technical training for underwriting staff and new hires
• Conduct underwriting quality audits
• Partner with core business operations on assigned functions as necessary

KEY CAPABILITIES FOR SUCCESS:

• Self-assured, change agent, strong communicator, technology savvy and detailed oriented.
• Meet or exceed departmental goals and objectives as set
• Collaborate effectively with SBU to measurably expand and advance organizational capability
• Significantly contribute to the execution of key SBU initiatives

QUALIFICATIONS:

• High School Diploma or equivalent Required
• Bachelor’s Degree Preferred
• Completion of advanced professional development coursework including, but not limited to; CPCU, CIC, SCLA, ARM, AU or equivalent at Company discretion
• Minimum of 5 years of property/casualty experience or equivalent at Company discretion
• Demonstrated track record of making key contributions to organizational initiatives including, but not limited to, proposing/presenting initiatives, writing business requirements, and utilizing acumen in advancing business needs
• Broad understanding of Company operating systems and associated workflows
• Strong time and project management skills that support continued process improvement, as well as the achievement of goals and objectives
• Excellent oral and written communication, listening, team building, organizational and negotiation skills
• Demonstrated ability to analyze and proactively respond to consumer/market/technological needs by recommending capabilities that advance the performance of the organization

ABOUT US: As a mutual company, we are independent by nature, so we think about insurance solutions a little differently. Through listening, problem solving, examining your challenges and collaborating on the right solutions for you, Preferred Mutual independent agents provide flexible solutions and adapt to your evolving needs. We do the same for our employees. We are process and domain experts, focused on the solutions that deliver results for our clients and our company. We offer a great work environment, professional development, challenging careers, and competitive compensation. With Preferred, there are no surprises. You can count on us to deliver on our promises and be there when you need us, as your insurance provider and your employer. Preferred Mutual is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

DISCLAIMER: This role (job) description indicates in general terms, the type and level of work performed as well as the typical responsibilities of employees in this classification. The duties described are not to be interpreted as being all-inclusive to any specific employee. Management reserves the rights to add, modify, change or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job. Nothing in this position description changes the at-will employment relationship existing between Preferred Mutual Insurance Company and its employees.

The base pay range for this position is $69,000-$100,000 paid on a salaried basis. The rate offered to any candidate will be reflective of the candidate’s experience and any relevant education, certification, or qualifications related to their ability to perform the responsibilities of this position as permitted by law.