Offer summary

Qualifications:

Prior Marine / Watercraft underwriting experience is required., A high school diploma is necessary, with at least one year of experience in the insurance industry., Proficiency in MS Office Suite is essential, and a license may be required for specific NC accounts., An Associate’s or Bachelor’s degree in Business or a Financial related discipline is preferred..

Key responsibilities:

Review applications for accuracy and ensure compliance with Carrier’s Underwriting Guidelines.

Order and review inspections, valuations, credit, and CLUE reports from third-party vendors.

Assess loss history to determine risk retention and process policy change requests.

Handle 15-25 underwriting calls per day and perform other assigned duties.

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

The Colonial Group is currently seeking a skilled and motivated Marine/Watercraft Underwriter to join our team. This can be a work from home opportunity for the right candidate.

Primary function is to review applications, inspections and loss history for new and renewal business and make good decisions. Goal is to provide best

options for risk placement to our agency partners & policy holders while achieving an acceptable loss ratio with our Carriers

WHAT YOU WILL DO:

Review applications for accuracy and determine that the risk meets the Carrier’s Underwriting Guidelines
Order Inspections, Valuations, Credit & CLUE reports from third party vendors
Review inspections and reports to determine that the applicant and risk meets the Carrier’s Underwriting Guidelines
Review loss history to determine if we want to remain on the risk
Review and process all monied policy change requests
Answer 15-25 Underwriting calls per day
Other duties as assigned

WHAT YOU WILL NEED:

Required: Prior Marine / Watercraft underwriting experience. High school diploma, Previous one year experience in the insurance industry, MS Office Suite proficiency & Licensed if assigned specific NC accounts
Preferred: Associate’s or Bachelor’s degree in Business or Financial related discipline

WHAT WE OFFER:

• Excellent growth and advancement opportunities

• Competitive pay based on experience

• Paid Time Off (PTO)

• Generous benefits package: health, dental, vision, 401(k), etc.

• Employee Stock Purchase Plan

WHO WE ARE:

The Colonial Group, Inc. and its subsidiaries, Mobil home Insurance Service, Inc. and Colonial Premium Finance Company, have been serving Specialty Lines product needs of Insurance Agents and their customers since 1961. Some of our lead products include Mobile Home, Dwelling, Recreational, Farm and certain Specialty Commercial Lines. The Colonial Group also includes the following former Managing General Agents: Atlantic Southern Insurance Group, Inc. (South Carolina), Beard and White, Insurance Marketing Services and Tomax. TCG operates primarily in the southeastern United States to include North Carolina, South Carolina, Georgia, Tennessee and Virginia

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.

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