Experienced Workers’ Compensation Underwriter
Austin, Texas, United States
We’re excited you’re considering joining a great place to work!
Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law.
About this Position
At Texas Mutual, we're on a mission to build a stronger, safer Texas. As Texas's leading workers' compensation provider, we help injured workers return to a productive life, give businesses the tools to succeed, invest in our communities, and empower our employees to make an impact.We are hiring an experienced Underwriter who will assess and calculate the risk of loss for policyholders with complex risks. This is achieved by defining the terms and conditions of the coverage, establishing appropriate premium rates that are paid to achieve our underwriting and profit goals, and meeting corporate production goals. You will collaborate and build relationships with our agents to write and service complex accounts within assigned authority levels.
Responsibilities & Qualifications
Essential Job Functions:
Under general supervision, writes new and renewal workers’ compensation insurance policies to meet company written premium goals by:
Evaluating applications, reports, information, and coverage requests and applying departmental and regulatory guidelines to determine risk acceptability.
Negotiating account pricing and coverage with agents within a designated level of authority.
Demonstrates proficiency in establishing and maintaining professional agency relations by:
Participating in managing and developing an assigned group of agents through field visits, verbal and written communication, completing service requests, and identifying and pursuing appropriate business opportunities.
Answering questions from agents, policyholders, or prospects regarding accounts and quotes.
Analyzes workload, establishes priorities, and manages work to focus on agents' needs, while meeting or exceeding the company's quality and time service standards for processing.
Required Qualifications:
Have a bachelor’s degree or equivalent education, training, and experience.
Have at least two years of workers’ compensation underwriting experience for an Underwriter II or at least four years of experience for a Senior Underwriter, or equivalent education, training, and experience.
Preferred Qualifications:
CPCU, CIC, ARM, and other recognized industry-related designations.
Ability to prepare, organize, develop, and present professionally to individuals and small groups.
Valid driver's license.
Texas Mutual Pay Transparency
The base pay range is based on the market evaluation of the job and may include pay for multiple levels. Individual base pay within the range is determined by a variety of factors, including experience, performance, education, and demonstration of skills and competencies required for each role. Your recruiter can discuss the full value of our total compensation package with you, including our generous bonus plans and flex-hybrid work model.
Base Pay Range: $36.12 - $59.38 Per HourFlex-Hybrid Work Environment:
Texas Mutual’s flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed.
Our Benefits:
Annual performance bonus and merit-based pay increase
Lifestyle Savings Account ($1,000 per year)
Automatic 4% employer contribution to retirement plan
401k plan with 100% employer match up to 6%
Student loan repayment matching in 401k plan
Three weeks’ time off for vacation
Nine paid holidays and two personal days each year
Day one health, Rx, vision and dental insurance
Life and disability insurance
Flexible spending account
Pet insurance and pet Rx discounts
Free on-site gym, fitness classes, and health and wellness resources
Free identity theft protection
Free student loan repayment and refinancing consultation
Professional development and tuition reimbursement
Employee referral bonus
Free onsite snacks
Job Profile
Must have Texas residency Travel to designated office
Benefits/PerksAnnual performance bonus Bonus plans Flex-hybrid work model Free on-site gym Generous bonus plans Hybrid work Lifestyle savings account Merit-based pay increase Nine paid holidays Pet Insurance Student Loan Repayment Tuition reimbursement Two personal days
Tasks- Analyze workload and prioritize
- Assess and calculate risk
- Develop business opportunities
- Ensure compliance with regulations
- Manage agent relationships
- Negotiate pricing and coverage
- Present to groups
- Write new and renewal policies
Agent Relationship Management Claims Evaluation Communication Coverage Analysis Customer service Negotiation Policy Writing Premium Rate Setting Professional presentation Regulatory Compliance Remote Work Adaptability Risk Assessment Training Underwriting Standards Workers’ Compensation Underwriting Workload management Workplace Collaboration
Experience2 years 4 years
EducationEquivalent Education Experience Training
Certifications TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9