Commercial Insurance Underwriter

Hylant•Birmingham, MI

21h•Hybrid

About The Position

The Underwriter is responsible for evaluating individual account risk in relation to coverage granted to price and set terms for accounts that will balance written premium, rate, and profitability goals. This position will support management and coworkers with projects through leadership, teamwork, training, and implementation.

Requirements

3-5 years of insurance underwriting experience
Bachelor's degree or equivalent combination of education and experience
Excellent communication skills, including listening, speaking and writing
Flexibility and creativity for developing innovative and customized business solutions
Exceptional relationship development and interpersonal skills
Ability to balance diverse and competing workloads
Ability to work well with others in solution of mutual problems; respect the opinions, abilities, and contributions of others; cooperative and open minded in working with others.
Computer literacy for Word, Excel, Outlook and Internet with the ability to create and edit spreadsheets, presentations and correspondence, perform data entry and access data.

Responsibilities

Effectively implement the underwriting standards, procedures, coverage forms and rating plans established for each HAS program
Identify acceptable accounts from those submitted by HAS appointed agencies/producers utilizing the HAS Underwriting Guidelines established for each program or plan
Demonstrate superior productivity in processing the assigned accounts
Utilize all resources available to determine the terms and premium for each account submitted, including but not limited to: account application, schedules, web-site, driver data, motor vehicle driver reports, news articles, risk management reports, MSB valuations, independent appraisals, IRMI and other resources;
Determine the terms and premium for each account and release a quotation utilizing the HAS underwriting system by or prior to the agent/producer due date
Place necessary reinsurance when exposures exceed program or program delegated authority / capacity
Demonstrate knowledge of coverage forms specific to each assigned program
Demonstrate sound underwriting decisions as demonstrated by file documentation and discussions on facts leading to the decision
Maintain effective file organization
Demonstrate effective planning and organization skills utilized to manage the assigned accounts, projects and performance requirements
Support the sales team and maintain agency/producer relationships through superior underwriting service, technical knowledge and sales assistance
Coordinate with and support risk management department in providing program services to minimize program exposures