Commercial Insurance Underwriter I- (P&C Small Business Insurance) at USAA in Phoenix, Arizona

Job Description:

Why USAA?

Let's do something that really matters.

At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation's military, but we all share in the mission to give back to those who did. We're working as one to build a great experience and make a real impact for our members.

We believe in our core values of honesty, integrity, loyalty, and service. They're what guides everything we do - from how we treat our members to how we treat each other. Come be a part of what makes us so special!

The Opportunity

As a dedicated Commercial Insurance UW I, you will implement and manage commercial insurance underwriting processes and programs to ensure all underwriting processes are compliant, executed in a cost-efficient manner and effective in achieving desired. outcomes. Critically reviews and provides feedback on existing Commercial Insurance Underwriting policies and processes to achieve business deliverables. Partners with internal stakeholders to maintain Commercial Insurance Underwriting policies and procedures while ensuring compliance with state regulations. Coordinates single line of business/organizational area level projects.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position must work a hybrid model at one of these regional office locations: San Antonio, TX, Phoenix, AZ, Colorado Springs, CO, Tampa, FL, or Chesapeake, VA, Plano, TX, and Charlotte, NC. Relocation assistance is not available for this position

What you'll do:

• Applies knowledge of contract coverages, underwriting programs, market data, state-specific, and other regulatory information to make underwriting decisions related to commercial insurance operations and/or transactions.


• Evaluates risk and make underwriting determination for commercial lines of business within established guidelines and limits of authority.


• Creates, modifies, and delivers messages and/or communications to internal business partners on underwriting programs, philosophy, and individual file decisions.


• Contributes to the development and implementation of business guidelines, controls, and strategies consistent with company policy and goals.


• Effectively owns and manages multiple underwriting processes and leverage data to make data-driven recommendations with limited assistance.


• Serves as a resource to team members on escalated issues of a moderately complex nature.


• Responsible for projects, issues, or initiatives of moderate scope or medium and or high rated risks for underwriting processes and/or solutions.


• Provides direction, advice and shares knowledge with other employees who execute on underwriting programs, guidelines, and processes.


• Gathers and evaluates data to conduct root cause analysis and apply process-oriented approaches to identify and solve gaps within the process.


• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you'll have:

• Bachelor's degree: OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.


• 4 years of insurance underwriting experience, with at least 2 years of commercial insurance underwriting or as a producer or agent of commercial insurance products.


• Experience executing underwriting processes to make decisions.


• Experience applying policy forms, notices, & procedures.


• Experience reviewing and analyzing data to draw conclusions and make decisions.


• Proficient knowledge of Microsoft Office Suite.

What sets you apart:

• Experience underwriting a Business Owner Package (BOP) product.


• Experience with General Liability product.


• Experience and knowledge of Inland Marine product.


• Excess/Umbrella product knowledge.


• Strong negotiation skills.


• Ability to execute in an entrepreneurial/start up environment.


• Able to work 8-5pm CST.


• US military experience through military service or a military spouse/domestic partner

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

What we offer:

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location. The salary range for this position is: $67,220-$128,480.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

For more details on our outstanding benefits, please visit our benefits page on USAAjobs.com.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

USAA is an equal opportunity and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, national origin, age, disability, genetic information, protected veteran status, or any other legally protected characteristic.

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