Commercial Insurance Renewal Underwriter- MGA

The Jonus GroupAlpharetta, GA
1d

About The Position

COMMERCIAL RENEWAL UNDERWRITER - COMMERCIAL LINES Job Summary Established and growing Wholesale MGA is seeking a Renewal Underwriter to join and grow with their team! This position supports underwriters in the renewal processing of insurance policies, primarily within a wholesale insurance setting. This role is critical in streamlining the underwriting process and retaining accounts, ensuring that client applications and documentation meet the requirements for timely and accurate decision-making.

Requirements

  • Bachelor’s degree in Business, Insurance, Finance, or a related field preferred.
  • Prior experience in insurance underwriting or administrative roles is beneficial, especially in a wholesale or commercial insurance environment.
  • Proficient in MS Office (Excel, Word, PowerPoint) and familiar with underwriting or insurance software.
  • Ability to analyze and interpret data to assist underwriters in assessing risk.
  • Strong written and verbal communication to coordinate with brokers, agents, and internal teams.
  • High level of accuracy for data entry and reviewing application materials.
  • Effective time management and organization skills to handle multiple applications and renewals simultaneously.

Responsibilities

  • Documentation and Data Entry Prepare, review, and process insurance applications, renewals, and endorsements.
  • Enter policy and client information into the company’s system accurately and promptly.
  • Organize and maintain client files, policy documentation, and supporting materials.
  • Underwriting Support Assist underwriters by gathering relevant information for risk analysis and policy pricing.
  • Prepare quotes, proposals, and binders for review by the underwriter.
  • Assist with premium calculations, policy issuance, and other underwriting tasks.
  • Communication and Coordination Act as a point of contact between underwriters, agents, and brokers, providing updates on application statuses and gathering additional information as needed.
  • Coordinate with internal teams and external partners to resolve any underwriting issues or discrepancies.
  • Ensure prompt and professional communication with clients, brokers, and carriers.
  • Policy Renewals and Endorsements Monitor renewal dates and ensure timely preparation and submission of renewal documentation.
  • Process endorsements, modifications, and cancellations in accordance with policy terms and underwriting guidelines.
  • Compliance and Reporting Ensure all documents and processes comply with regulatory and company standards.
  • Prepare and maintain underwriting reports, tracking key metrics, application statuses, and policy data for management review.
  • Administrative Support Perform various administrative tasks to support the underwriters, such as scheduling meetings, handling correspondence, and maintaining records.
  • Assist in special projects as assigned by the underwriting team or management.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service