Transportation Underwriter (Towing)

As a Transportation Underwriter specializing in Towing at Fairmatic, your key responsibilities include underwriting individual commercial auto liability accounts, reviewing new and renewal business submissions, preparing quotes and binders, and overseeing the approval process for coverage forms and notices of cancellation. You will also implement strategic underwriting objectives that support our profitability and risk management initiatives.

To thrive as a Transportation Underwriter (Towing) at Fairmatic, you should have commercial auto underwriting experience, particularly in towing. Having a collaborative mindset and the ability to communicate effectively with clients and brokers is crucial. Additionally, a desire to innovate and improve processes is highly valued.

Typically, a day for a Transportation Underwriter (Towing) at Fairmatic involves underwriting various commercial auto liability accounts, collaborating with internal and external stakeholders, reviewing submissions, preparing and issuing quotes, and strategizing on underwriting objectives that support our growth and profitability goals.

As a Transportation Underwriter (Towing) at Fairmatic, you’ll enjoy an impressive array of benefits, including unlimited PTO, comprehensive medical, dental, and vision coverage, life and disability insurance, a learning and development program with a stipend, wellness and entertainment stipends, and a fully remote work environment complemented by engaging in-person events.

Fairmatic is committed to continuous learning for its employees, including Transportation Underwriters (Towing). You’ll have access to a dedicated learning and development program and stipend that encourages professional growth and skill acquisition, enabling you to stay updated with industry trends and advancements.

When answering, discuss your approach, such as analyzing risk factors, using data-driven insights, and collaborating with brokers and clients to assess the total risk accurately.

Opt for a detailed example that showcases your problem-solving skills, emphasizing the steps you took to overcome the challenges and the positive results that followed, focusing on metrics or feedback.

Talk about your communication style, perhaps highlighting how you tailor your approach based on the audience, ensure transparency, and foster trust, which can lead to successful collaborations.

Share specific experiences involving program management, your role in the development phases, and how you ensured that the programs met market needs while maintaining profitability.

Demonstrate your analytical skills by sharing a situation where you identified a trend through data analysis, how you communicated your findings, and the resulting strategic adjustments made.

Identify metrics such as loss ratios, underwriting profitability, or premium growth, and explain how you use these metrics to evaluate performance and drive strategic underwriting decisions.

Provide an approach focused on listening, understanding other perspectives, and collaborating to find acceptable solutions, thus preserving strong working relationships.

Discuss your passion for the insurance industry, the thrill of solving complex problems, and the satisfaction you derive from contributing to a safer driving environment through effective underwriting.

Talk about your commitment to learning, your habit of keeping up with industry trends, and specific examples of how you've implemented improvements that led to better underwriting outcomes.

Share insights into anticipated trends such as the impact of technology, data analytics, and changing customer expectations, and how you believe these will shape underwriting processes in the future.