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PEO Workers Compensation Underwriter

at Paychex in Topeka, Kansas, United States

Job Description

PEO Workers Compensation Underwriter

Insurance Operations

US – Remote No Office Location

INS-21-00072

Description

With a high degree of accountability, reviews new business proposals to determine and evaluates prospective PEO client’s degree of Workers’ Compensation risk. Accepts or declines prospects for PEO Workers’ Compensation insurance coverage. Audits and corrects client and employee classifications to ensure the ongoing integrity of the book of business, and partners with outside vendors and internal staff to ensure the profitable growth of Workers’ Compensation revenue.

+ Reviews PEO sales proposals to evaluate prospective clients’ degree of Workers Compensation risk and accepts or rejects based on their acceptability for PEO Workers’ Compensation coverage. Partners with sales and field service PEO departments to gather complete and accurate information to support underwriting decisions.

+ Conducts current PEO Workers Compensation client base audits to ensure both client and worksite employee classifications are correct and updated and that proper premium collection is maintained.

+ Updates underwriting procedures, policies, communications, classifications, and rates to maintain compliance with all state and federal regulations.

+ Responds both accurately and timely to all information requests from PEO Workers Compensation clients, Paychex internal departments, PEO insurance/consulting vendors, and regulatory agencies to provide a high level of service accountability.

+ Prepares management reports for PEO risk manager to provide information for making business decisions. Assists management in evaluating information to determine suitability of continuing individual client relationships.

+ Educates sales and field service personnel to help them obtain additional client information in support of underwriting and classification decisions and to respond to regulatory inquiries when necessary.

+ Trains and mentors Workers’ Compensation underwriting support staff.

+ Educates sales and key internal business partners to aid in understanding underwriting decisions and identify appropriate and preferred risks for the PEO.

+ Partner with PEO Safety and Loss to gather complete and accurate information to support Workers Compensation.

+ Other duties as assigned to support the general purpose of the position’s function.

Requirements

+ Associate’s Degree in CPCU, AU or IIA Insurance Designation – Preferred

+ PEO experience.

+ 3 years of experience in Insurance underwriting experience with a working knowledge of Work Comp state statutes and regulations.

Our Commitment

Paychex is dedicated to fostering a culture of intentional Inclusion and Diversity (I&D). Our valued employees and commitment to I&D is the essence of our internal and external success. Inclusivity is a key value of our corporate culture and is exemplified through our reputation as a top employer for employee development, diversity, and ethics, as well as a focus on fairness in recruitment, selection, and decision making.

Click here for more information on our corporate social responsibility.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

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Job Posting: JC198836852

Posted On: Dec 02, 2021

Updated On: Dec 15, 2021