Why CIG?

At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career!

CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work culture for all employees.

Why Choose CIG’s Underwriting Team?

This is your perfect opportunity to join a company that is building momentum with our independent agents and protecting the dreams and assets of our policyholders. Join the CIG Underwriting team in helping build a safer world where dreams soar!

Learn More about what it means to be an Associate Underwriter - Agribusiness at CIG HERE!

Benefits

• Accrue twenty-one days of Paid Time Off during your first year
• Up to eighty-seven percent of benefits covered by CIG for you and your family members
  • Medical, dental, vision plans
• One hundred percent covered plans
  • Basic Life & AD&D
  • Employee Assistance
  • Leave Management
  • Long Term Disability
  • Short Term Disability (Outside of CA)

• Family Caregiver Support (Homethrive)
• Child Care Resources (Tootris)
• Business Travel Accident Protection

• Voluntary benefit offerings
  • Short-term (CA only)
  • Voluntary Life AD&D self, spouse and child plans
  • Flexible Spending
  • Health Savings (HSA)
  • Hospital Indemnity
  • Accidental Injury

• Critical Illness
• ARAG Legal Services
• Norton LifeLock

• Nine paid holidays, plus two floating holidays
• Above and Beyond Reward Recognition Program
  • Kudos & Shout Out Points Program
  • Quarterly Above and Beyond Bonus Program
  • Annual Above and Beyond Bonus Program
• Competitive compensation
  • Base compensation
  • Salary Management Spot Bonuses
  • Annual Incentive/Profit sharing program, potential payout annually based on company results.
• Discount partnerships
  • Gym memberships, credit union, travel, shopping, restaurants, theme parks, and more
• Insurance Educational reimbursement and bonus programs
• Employee Referral Bonus Program
• Home and Auto Insurance Discount Program.
• Paid Volunteer Time – Through company planned community events and choose your own adventure PVT in giving back in ways that are meaningful to you!
• Retirement savings benefit (401k and Roth + match)
• Health & Financial Wellness
  • Wellness platform, tools and events
  • Health Savings Account – match
  • Financial Wellness Resources

Work Environment & Format

This is a hybrid-eligible position, where Monday through Wednesday would be working in our Spokane (WA) office with Thursday and Friday eligible for work-from-home days.

Job Overview

Under direct supervision, this position will perform entry-level underwriting duties in support of an agri business insurance underwriting team. The Associate Underwriter will perform the preliminary review of new risks as well as assist in the renewal process for existing accounts. General duties will include the evaluation of applications, endorsements, and related underwriting documents. The Associate will review individual agri business submissions to evaluate the degree of exposure and approve, request additional information, or reject based on Company risk selection guidelines. This position functions in a production support role, but may be called upon to conduct agency visits, develop new business, and support marketing in a territory of assigned agents. The Associate Underwriter operates within a clearly defined level of delegated underwriting authority and refers risks of higher exposure or complexity to a senior underwriter. The position may also perform ancillary administrative duties for commercial accounts to support agency service objectives.

Responsibilities

• Support the service and production efforts of an underwriting team through the evaluation of new business applications, renewal requests, and endorsements. Determines “fit” within Company underwriting guidelines for business class, exposure, and underwriting appetite. Accepts or declines applications, offers modified coverage, and refers risk of greater complexity and exposure to a senior underwriter.
• Agri business insurance coverages include farm owners, fire and extended coverage, general liability, burglary, plate glass, inland marine, auto, and umbrella. Initial actions include compiling data to determine scope and nature of risk. Must evaluate risk in accordance with loss potential in light of nature and location of property and operations, physical and moral hazards, underwriting precedent and experience. Recommend risk improvements, as warranted. Utilize available information such as motor vehicle reports, loss control reports, underwriting guidelines, records of loss experience, special inspection reports, and evaluates according to Company underwriting standards and delegated authority. May request additional loss information and risk detail from the agent.
• Perform a review of new business applications, endorsements, renewals and related documents for compliance with Company underwriting standards. Determines appropriate actions steps, such as issuance of policy number, extend renewal coverage, restrict coverage, request additional information from agent, or review by underwriter.
• Conduct research for missing information in-house or with agent. Performs scheduled loss run analysis in anticipation of account renewal. Reviews all prepared policy declarations, correspondence, and endorsements to ensure accuracy and relevance of content prior to release to insured and/or agent. Review and amend documents and declarations prepared for mailing to ensure the accuracy and completeness of documents.
• Use underwriting manuals, rating plans, schedules, and information as necessary to determine premium for routine to moderately complex casualty or property risk. Review information provided from inspection reports, photos, and information secured discussions with agents. Identifies inconsistent or inaccurate information and communicates it to the underwriting team. Refers unusual risks or risks of greater complexity to senior underwriter or, if appropriate, to Home Office for rating guidance.
• Enters and retrieves policy information and related documentation from business systems to respond to agency inquiries. Utilizes on-line policy processing system to initiate new policies or make modifications to existing policies.
• Performs regular communications with agents, insureds, inspectors, and others regarding CIG policies and procedures and to obtain needed information. Responds to routine to moderate technical inquiries in writing, by telephone, or face-to-face inquiries involving coverage, rating, and billing procedures. Responds to challenging or sensitive issues such as cancellation, non-renewal, or declinations with courtesy, professionalism and tact.
• Support Company initiatives and adhere to policies and standards for the security of business systems, equipment, customer information and document security. Comply with Company rules and guidelines not to store confidential or otherwise proprietary information, personal records, or customer information on the computer hard drive.
• Job description is not prescriptive, but rather a guide as to the duties and responsibilities you will have, however it is not limited to the listed above.

Requirements

• A college degree in a business, insurance, or a financial discipline is preferred (or equivalent work experience) along with one to three years of commercial lines rating, processing or underwriting experience, that includes loss analysis and risk selection.
• Progressively challenging Property-Casualty experience in roles equivalent to an agent, underwriter or underwriting assistant is desirable.
• Dedication to continuing education, insurance certification and technical coursework is required.
• Underwriting practice, procedures, rules and regulations
• Rating plans (ISO or similar) and commercial lines coverages
• Knowledge of social, economic and competitive aspects of territory assigned
• National and local business conditions and trends
• Underwriting and marketing philosophy and procedure
• Correct English usage, including spelling, grammar, punctuation, and vocabulary
• Basic mathematics and the application of formulas
• Insurance industry terminology and laws, especially those pertaining to assigned area
• General policies and procedures for underwriting insurance risks
• Correlate risk factors to underwriting standards to determine acceptance of risk
• Perform and produce consistently to meet production standards and time critical deadlines
• Analyze problems and develop sound underwriting solutions
• Communication – effectively exchange ideas, information and concepts
• Teamwork – collaborate with others to accomplish work responsibilities
• Learn and acquire additional knowledge or skills to improve job performance
• Proficient computer skills with experience using normal business programs and applications
• Operate in a remote work environment with limited hands-on supervision
• Self-disciplined and self-directed – able to manage time and resources effectively
• Take initiative and use sound judgment within established guidelines
• Establish and maintain detailed and accurate records and files
• Organize work, set priorities, and produce under pressure and critical deadlines
• Maintain constructive business relationships even when confronted with opposition or emotion
• Elevate Problems - Recognize when situations call for higher-level review or guidance

Career Path potential:

• Ag Underwriter
• Senior Ag Underwriter
• Agri Business Underwriting Specialist

Salary Range: $44,262 -$73,171

The salary range listed here has been provided to comply with local regulations and represents a potential base salary range for this role. Please note that actual salaries may vary within the range above or below, depending on experience and location. We look at compensation for each individual and base our offer on your unique qualifications, experience, and expected contributions. This position may also be eligible for other types of compensation in addition to base salary, such as benefits and bonus programs.