Accident & Health Underwriter

ProSelect Insurance Company•Boston, MA

About The Position

The Underwriter II evaluates new and renewal risks in an assigned territory to ensure appropriate risk selection, pricing, and policy terms. Working within established strategy and delegated authority, the role supports the development of a profitable portfolio. The underwriter evaluates submissions, determines coverage and terms, communicates with customers and distribution partners, analyzes exposures, documents decisions, and manages territory performance. The position may also involve marketing activities and participation in or leadership of projects.

Requirements

Bachelor’s degree from a four-year college or university preferred; alternatively, 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, financial documents, articles of organization, loss runs, Joint Commission reports, and other industry reports.
Ability to write reports and business correspondence.
Proficiency with Microsoft Office 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 the requirements for the CPCU or RPLU designation.

Responsibilities

Evaluate submissions for risk acceptability under company guidelines and standards.
Determine appropriate coverage, pricing, limits, and terms based on exposure.
Follow applicable underwriting guidelines, policies, procedures, and industry regulations, and operate within assigned underwriting authority.
Communicate with customers, agents, and brokers to obtain information, clarify underwriting requirements, and negotiate policy terms.
Participate in stewardship meetings.
Use analytical tools to evaluate exposure and understand claims drivers.
Collaborate with underwriters and other team members to develop a multidisciplinary understanding of insureds’ risks and coverage needs.
Maintain accurate, detailed records of underwriting decisions and communications, and document the underwriting process 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.