Accident & Health Underwriter
About The Position
The Underwriter II evaluates new and renewal risks in an assigned territory to support appropriate risk selection, pricing, and policy terms. Working within established strategy and delegated authority, the role aims to generate a profitable portfolio. The position involves evaluating submissions and exposures, applying underwriting guidelines and regulations, communicating and negotiating with customers, agents, and brokers, and maintaining accurate documentation of underwriting decisions. The underwriter also manages territory profitability and relationships, supports marketing activities, collaborates with colleagues across disciplines, and may participate in or lead projects.
Requirements
- Bachelor’s degree from a four-year college or university preferred, or four to seven years of related experience and/or training, or an equivalent combination of education and experience.
- Strong analytical skills.
- Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, governmental regulations, underwriting guidelines and manuals, bylaws, financials, articles of organization, loss runs, Joint Commission reports, and other industry reports.
- Ability to write reports and business correspondence.
- Proficiency with Microsoft Office suite of programs.
- Ability to present information and respond to questions from groups of managers, clients, customers, and the general public.
- Willingness and ability to travel up to 20% of the year.
Nice To Haves
- Willingness to complete requirements for the CPCU or RPLU designation.
Responsibilities
- Evaluate submissions for acceptability under company guidelines and determine appropriate coverage, pricing, limits, and terms based on exposure.
- Follow underwriting guidelines, policies, procedures, and industry regulations, and operate within assigned underwriting authority.
- Communicate with customers, agents, and brokers to gather information, clarify requirements, and negotiate policy terms; participate in stewardship meetings.
- Use analytical tools to evaluate exposures and understand claims drivers.
- Collaborate with underwriters and team members to understand insureds’ risks and determine appropriate coverage.
- Maintain accurate records of underwriting decisions and internal and external communications; document the underwriting process and decisions for assigned policies.
- Manage profitability, risk characteristics, submission flow, agent and broker relationships, and customer service for the assigned territory.
- Maintain knowledge of the insurance and health care industries and of other companies underwriting similar coverage.
- Assist with marketing activities.
- Participate in or lead projects as needed.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
