Full-Time

Underwriting Associate

Posted on 11/18/2024

EMC Insurance

EMC Insurance

1,001-5,000 employees

Financial Services

Entry

Lombard, IL, USA

Position tied to the Chicago branch in Oakbrook Terrace, IL.

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Requirements
  • Associate’s degree or equivalent work experience
  • One year of underwriting support experience
  • Keyboarding speed of 40 wpm with accurate data entry
  • Good personal computer skills with proficiency in Microsoft Word
  • Good problem-solving skills
  • Ability to make sound decisions
  • Self-direction and teamwork skills
  • General knowledge of insurance terminology preferred
Responsibilities
  • Collects, reviews, and enters rating information into the system to provide quotes to underwriters for complex new business, endorsements, renewals, cancellations and reinstatements
  • Contacts agents and follows up for missing information
  • Reviews and processes endorsements
  • Develops relationships with agents to promote new accounts
  • Participates in writing new business for basic accounts

Company Stage

IPO

Total Funding

N/A

Headquarters

Des Moines, Iowa

Founded

N/A

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • EMC Insurance's involvement in funding rounds for InsurTech firms like Betterview indicates a forward-thinking approach, potentially leading to innovative insurance solutions and market leadership.
  • Strategic investments in technology-driven companies could enhance EMC's operational efficiency and customer service, offering employees opportunities to work with cutting-edge technologies.

What critics are saying

  • The insurance industry is highly competitive, and EMC Insurance must continuously innovate to maintain its market position against larger, more established players.
  • Relying heavily on external InsurTech investments for innovation could pose risks if these ventures do not yield the expected technological advancements or financial returns.

What makes EMC Insurance unique

  • EMC Insurance's investment in InsurTech companies like Betterview highlights its commitment to leveraging technology for enhanced property risk intelligence, setting it apart from traditional insurers.
  • The appointment of Matt Spackman as SVP – Chief Human Resources Officer suggests a strategic focus on strengthening human resources, potentially improving organizational culture and employee engagement.

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