Insurance Analyst
AgWest Farm Credit is a member-owned financial cooperative that provides financing and related services to farmers, ranchers, agribusinesses, commercial fishermen, timber producers, rural homeowners and crop insurance customers in a seven-state territory in the Western United States. AgWest is part of the 100+ year-old Farm Credit System – the leading provider of credit to American agriculture.
AgWest champions the growth and advancement of agriculture, the value of rural communities, and the vital contribution our customers make to the economy and society. We serve customers in 59 locations throughout the West.
We are in search of an Insurance Analyst I or Insurance Analyst II to join our Washington Lending and Insurance department in Wenatchee, Washington. This full-time position reports to the VP, Insurance Underwriting and assists in providing sound, accurate, and timely crop insurance products and services to AgWest customers.
After an initial in-office training period, this position is eligible for workplace flexibility and a one-time home office stipend. Employees are expected to continue working from their office location a minimum of 50% or 60% of the time depending on location.
Compensation Information
The base salary range for this position in Wenatchee, Washington is:
Level I:
Typical starting range: $64,600 - $86,600
Full base salary range: $64,600 - $97,500
Annual performance-based incentive target is 10% of base.
Level II:
Typical starting range: $70,800 - $95,500
Full base salary range: $70,800 - $107,700
Annual performance-based incentive target is 12% of base.
Job Requirements
- Lead procurement of production, acreage, crop, and insured entity information from current and prospective customers. Obtain supporting documentation needed to perform each crop insurance servicing action throughout the crop cycle. May travel to rural areas to conduct customer meetings at place of business.
- Evaluate customer production information from various sources, including, but not limited to, farm management records, third-party documentation, sales receipts, loss adjuster production worksheets and tax records.
- Reconcile customer acreage information, FSA 578s, farm plans, and maps to federal crop insurance acreage forms to ensure accurate policies can be created and issued. Interpret program requirements and determine adequate completion.
- Develop and maintain confidence by educating customers on the crop insurance programs and options available. Effectively communicate rates, fees, terms and timeframes.
- Comply with internal, federal, and insurance company documentation expectations, submission timelines, procedures, laws, and regulations.
- Maintain state agent’s license through required continuing educational training/seminars.
- As an active member of the account team, lead aspects of the customer relationship and coordinate with insurance agents, specialists and other staff to ensure effective and accurate policy administration.
- Work with other insurance representatives to resolve policy issues that affect the producer’s insurance coverage.
- Represent and communicate the values, purpose and mission of AgWest to employees, customers, the public and target audiences. This may include joining or actively supporting appropriate organizations and civic groups and actively participating in sponsored events and programs.
- Collaborate with other teams in the organization to make referrals and cross-sell products to meet customer needs.
- Perform all duties and maintain all standards in accordance with company policies, procedures, and internal controls.
- Other duties as assigned.
Minimum Requirements
- Bachelor’s degree in business or ag-related field, or equivalent combination of education and experience.
- Ability to understand, interpret, and explain insurance policies and procedures.
- Appropriate State Insurance Agent license(s) must be obtained within three months of assuming the role.
Preferred Requirements
- Understanding of the local insurance industry and agricultural markets.
- Knowledge of agricultural practices and crop and livestock production.
- Knowledge of Farm Credit policies and procedures, eligibility requirements and products.
- Working knowledge of FCIC regulations and procedures, including legal terminology.
Benefits Offered by AgWest
- Medical, dental, and vision insurance
- Basic term life and AD&D insurance (fully paid for by the company)
- Paid days off annually: 15 vacation*, 15 sick, 12 holidays and 3 volunteer
- 401(k) plan (6% match plus 3% employer contribution)
- Employee Assistance Program
- Wellness Program
- Jeans are welcome at work every day at AgWest!
*Vacation accrual rates increase with tenure.
Details about insurance and retirement benefits are available at: https://www.farmcreditfoundations.com/fcfbenefits
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Job level and starting annual salary will be based on a variety of factors including but not limited to experience, education, certifications/licensure, internal equity, location, business needs and market demands. The listed compensation and benefits information is accurate as of the posting date. AgWest reserves the right to adjust compensation for all positions and modify or discontinue benefits programs at its sole discretion, subject to applicable law.
Qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender orientation, national origin, marital status, age, disability, protected veteran status, or any other classification protected by law.
When you apply for a position with AgWest Farm Credit, we collect personal identifiers (from your resume and other application information you submit), such as your name, email address, mailing address, telephone number(s) and employment and education related information. This helps us evaluate job applicants for hiring opportunities, and, communicate with them.
To comply with federal regulations for equal employment opportunity and affirmative action (EEO/AA), we track our applicants by gender, race/ethnicity, veteran status, disability status, and the position for which they applied. You will be presented with a voluntary self-identification form as part of this application; we wanted you to know why we collect this information and what we do with it. Please be aware that this information is kept separate from your application, and not utilized in the selection process.
For more information about the information AgWest Farm Credit collects, please see the AgWest Farm Credit California Privacy Policy.
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