• Associate Underwriter

    Location US-OR-Portland
    Posted Date 1 month ago(12/13/2018 2:07 PM)
    # Positions
    1
    Status
    Full-Time
    Req #
    17895
  • Overview

    If you want to make a positive difference and stand out from the crowd, you’ll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help people achieve financial well-being and peace of mind. Come join us and share our passion for serving our customers in a positively different way.

     

    The mission of the Underwriting function is to write and retain long term profitable business by fostering sound underwriting and business decisions; developing effective relationships; and contributing towards the growth and development of the underwriting department.

     

    Associate Underwriters take part in an extensive training period where your underwriting skills are developed and strengthened.  Combined with your curiosity, motivation, and initiative, the Associate Underwriting role is an excellent starting place to establish an underwriting career at The Standard.

     

    Underwriters progress through the job family based on classroom training and on the job exposure, and by developing their analytical, independent decision making, and effective communication skills.  Successful Associate Underwriters can progress through Regional Underwriter, Senior Underwriter, Lead Underwriter, and National Underwriter positions.

     

    Below are the typical functions of the underwriting job family. Actual responsibilities may vary based on the business segment and the position. 

    Responsibilities

    Risk Decisions

    Apply sound, creative underwriting and business judgment in the timely analysis and evaluation of insurance risks to contribute to the growth and profitability of the organization.

     

    Customer Service

    Develop and maintain effective working relationships with assigned field personnel, producers, assigned policyholders and Home Office personnel through professional negotiation, responsive communication, problem resolution and anticipation of customer expectations. 

     

    Mentoring and Training

    In the Associate Underwriting role, you will actively participate in mentoring and training activities. The learning curve can take up to 18 months or more.  Associate Underwriters are given progressively more responsibility after critical skills are demonstrated.

     

    Projects and Special Assignments

    Actively participate in projects to contribute to corporate goals as needed.  Active participation in Lean activities is also required.

    Qualifications

    Education & Experience

    Bachelor’s degree in business and/or two years’ progressively responsible work experience with emphasis in underwriting or similar analytical capacity. Experience in Life & Disability underwriting is strongly preferred.

     

    Knowledge & Skills

    • Perform math calculations including the use of algebraic formulas
    • Analyze detailed written information for accuracy and completeness
    • Clearly express ideas both in written and oral communications
    • Strong customer service orientation
    • Excellent time management skills
    • Demonstrated ability in making good decisions and using negotiation skills to achieve desired results.
    • Strong interest in progressing through the underwriting job family 

     

    Job Complexity & Judgment

    Underwrite insurance risk of limited scope or routine in nature. Applies appropriate underwriting guidelines, procedures, contract provisions, state insurance statues. Provides and analyzes data from which answers can be readily attained.  Serves as a trainer for the Rating Analysts.

     

    Independence & Supervision required

    Typically receives detailed instructions on all work. Takes ownership of routine work and operates with little guidance after period of initial training.  Increasing responsibility for doing renewals, proposals, and approvals is given as skills progress.          

           

    Interaction & Influence

    Contacts are typically limited to immediate supervisor, peers, Rating Analysts, and sales partners. Builds effective inter-departmental relationships.

     

     

    Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

     

    For more information regarding your Equal Employment Opportunity applicant rights, click  here.

     

    Individuals with disabilities who need assistance or accommodation with the application process should contact HR Direct at 971-321-7871.  This number is only for the use of individuals with disabilities who need accommodation with the application process.  General inquiries about application status will not be addressed.

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