Yacht Underwriter

We are Farmers – where ambition meets opportunity. At Farmers, we’re not just known for unforgettable jingle – we’re a team with a passion for purpose and making a real difference in people’s lives. We deliver peace of mind when it matters most. Our results-driven, high-performance culture thrives on creativity, accountability and bold solutions. Here, growth isn’t just a goal – it’s a way of life for both the organization and every individual on our team. We tackle challenges head-on, learn from every experience and measure our impact on the customers who trust us. Join an award-winning, equal opportunity employer, where you’ll find more than a job – you’ll find a supportive community. Enjoy competitive benefits, take part in meaningful volunteer projects, and help shape the future alongside talented colleagues across all backgrounds. At Farmers, helping others is at the heart of what we do. Ready to make your mark? Discover our vibrant culture and explore career opportunities at . Connect with us on Instagram , LinkedIn and TikTok , and let’s build something incredible together! Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote ) Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered. Job Summary Responsible for development support of new Yacht product features to include the construction of appropriate policy language, required coverages, and necessary rating structure. Supports implements initiatives and capabilities that support consistent, accurate underwriting functions necessary to achieve company financial goals such as growth, profitability and ease of doing business targets. Accountable for core underwriting functions and serves as an expert in system rules, legal & compliance issues, underwriting authority, underwriting appetite guidelines and underwriting process flow. Helps identify and manage relationships with Yacht Specialist agencies to drive profitable new business growth and maintain renewal retention. Essential Job Functions Responsible for supporting the design, implementation, and monitoring Yacht product features. Develops short term and long term plans for assigned products and product features. Develops and manages business processes, creating improvements in underwriting efficiency, quality and/or productivity, cost reductions, competitive bench marking, organization analysis and customer service improvements. Participates with national projects/programs in an effort to substantially impact premium growth, expense reduction and/or profit improvement. Monitors, controls and evaluates the efficiency of the underwriting business rules engine, identifying new rules to support profitable growth and ensure proper rating of new and existing business. Evaluates, recommends and implements customer selection guidelines to support policy growth while protecting profitability. Participates in the development of written personal lines insurance policy contracts to be underwritten by the company; coordinates with Underwriting, Actuarial, Claims, Corporate Legal, Corporate Communications and State Filings to create and/or revise personal lines insurance contracts. Routinely conducts competitive analysis on contractual forms and underwriting guidelines identifying areas of opportunity for new products and underwriting best practices. Stays current on industry knowledge and makes relevant recommendations that may impact lines of business. Performs other functions as assigned. Education Requirements High School Diploma or equivalent. Bachelor's degree preferred. Experience Requirements 5+ years of Yacht Underwriting and Agency Management. Special Skill Requirement Relationship management with Internal Sales partners and External Agent Partners preferred. Additional Qualification Demonstrated problem solving skills. Demonstrated analytical skills. Ability to analyze datasets and development meaningful/actionable insights. Demonstrated time management and priority setting skills. Excellent collaboration and team building skills. Proficient in English written and verbal communication skills. Ability to communicate across all levels of the organization, including executives and external partners/regulators. Effective leadership skills. Physical Actions This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions. Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift. Physical Environment This position operates in an open office working environment which will include normal and customary distractions, noise, and interruptions. Benefits Farmers offers a competitive salary commensurate with experience, qualifications and location. o CA Only: $102,450 - $174,240 o CO & ME: $96,075 - $150,260 o HI/IL/MN/VT Only: $96,075 - $160,710 o MA Only: $96,075 - $160,710 o MD & VA: $96,075 - $160,710 o DC/NJ/NY/OH Only: $96,075 - $174,240 o Albany County, NY/Cleveland, OH: $102,450 - $150,260 o WA Only: $96,075 - $182,625 Bonus Opportunity (based on Company and Individual Performance) 401(k) Medical Dental Vision Health Savings and Flexible Spending Accounts Life Insurance Paid Time Off Paid Parental Leave Tuition Assistance For more information, review “What we offer” on Job Location(s): R_US - United States Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly. Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws. Want to learn more about our culture & opportunities? Check out and be sure to follow us on Instagram , LinkedIn , and TikTok . Spokane, WA only: Residents who prefer not to provide their address click here to submit your resume via email: