Binding Authority Specialist - LIC

Work with wholesale placement teams and underwriting teams on specialty binding authority business. Accountable for policy formation, renewals, endorsement underwriting and issuance, bind request analysis, small policy underwriting review for third-party carrier excess/surplus business. Develop relationships with internal partners with a focus on efficiency and customer service. The Binding Authority Specialist will report to Senior Manager, Production Underwriting.

Position Compensation Range:
$62,000.00 - $103,000.00

Pay Rate Type:
Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Accountabilities

• Underwrite renewals, less complex excess/surplus coverages and endorsements.
• Ensure that quotes and binders are confirmed in writing and policies are formed promptly following the binding authority guidelines and statutory and regulatory compliance.
• Ensure taxes and fees are correct on policies.
• Review and analyzes binder quotes, shares analysis findings with agents, provides new quotes and rating premium submissions to meet production goals.
• Maintain complete client documentation, record data needed to issue insurance and follow up for missing information.
• Keep up to date with binding authority underwriting guidelines, best practices, and any change in regulatory or statutory environment.
• Build underwriting reports and checks for consistency and reviews and handle inspection recommendations and discrepancies as suggested by the underwriter. Communicate with clients and agencies needed and work with the underwriting team to understand underwriting processes.
• We may require you to complete other assignments or participate in projects based on skills, achievements, or experience.

Specialized Knowledge & Skills Requirements

• Demonstrated experience providing customer-focused solutions or support.
• Demonstrated experience using PC software applications (e.g., Internet Explorer, Outlook,)
• Demonstrated experience underwriting or underwriting binding authority for commercial, excess and surplus or specialty personal lines products.
• Solid knowledge of state-specific regulations and system/procedural support for insurance or brokerage products such as excess/surplus products.
• Demonstrated experience using reference materials, reading policy language, and processing rules and procedures.
• Solid knowledge of excess/surplus policy formation, processing processes, terms and procedures.

Licenses

Required to maintain current, active license(s) status by continuing education and meeting all state, operating and regulatory requirements.

Travel Requirements

• Up to 5%.

Physical Requirements

• Work that involves sitting/standing.

Working Conditions

• Not applicable.

In this hybrid role, you will be expected to work a minimum of 10days per month from the office. Candidates should reside withinapproximately 35-50 miles of one of the following office locations:Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; EdenPrairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507;Phoenix, AZ 85034

#LI-Hybrid

Additional Information

• Offer to selected candidate will be made contingent on the results of applicable background checks
  
• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
  
• Sponsorship will not be considered for this position unless specified in the posting
  

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email AskHR@AmFam.com to request a reasonable accommodation.

#LI-PT1

Client-provided location(s): Boston, MA, Madison, WI, Phoenix, AZ, Denver, CO, Saint Joseph, MO, Keene, NH, Minnetonka, MN

Job ID: American_Family_Insurance-R37903

Employment Type: FULL_TIME

Posted: 2026-01-08T23:35:33