Associate Underwriter

Symetra Life Insurance Company

343d • $53,000 - $88,400 • Remote

About The Position

Symetra has an exciting opportunity to join our team as an Associate Underwriter! You will gain basic knowledge of risk-based underwriting for new and/or existing accounts. Work towards being accountable for achievement of profit, persistency, and growth goals. You will apply training and demonstrate a baseline level of proficiency in risk evaluation and pricing. Underwrite new business accounts for Excess Loss typically under $500,000 in premium and under $2,500,000 attachment point. Provide support to underwriters by pre-screening cases, analyzing claims data and processing sold cases.

Requirements

• Strong analytical and technical skills.
• Strong Excel and Word skills.
• Effective interpersonal and written communication skills.
• Ability to make effective decisions within authority limits and recommendations if outside of authority limits.
• Service oriented with commitment to meet deadlines.
• Ability to multi-task and work efficiently in a team environment.
• High School diploma or equivalent experience required.

Responsibilities

• Develop basic understanding of Excess Loss products, pricing, philosophies and underwriting guidelines.
• Obtain knowledge and ability to negotiate pricing and product variations with sales force.
• Gain ability to analyze various reports, data, and other information to properly assess risk.
• Review Request for Proposal (RFP) submissions including verifying integrity of claims data and plan information and requesting additional information as needed.
• Develop and communicate new business rate recommendations in accordance with pricing targets and level of authority.
• Process sold accounts and renewals following established procedures.
• Develop and maintain positive relationships with Symetra sales, field and home office service and actuarial teams.
• Participate in projects and training initiatives as assigned.

Benefits

• Flexible full-time or hybrid telecommuting arrangements.
• 401(k) plan with immediate vesting and company matching up to 6%.
• Paid time away including vacation and sick time, flex days and ten paid holidays.
• Company matching for community giving.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: High school or GED