Inside Underwriter

CRC Group

25d•$60,000 - $90,000

About The Position

Supports a team by identifying, soliciting, and arranging appropriate insurance coverage for clients by accessing binding authority and brokerage markets. Responsibilities include but not limited to underwriting new and renewal business, ensuring adherence to binding authority carrier guidelines, approving policy changes, maintaining workload, solving coverage issues, monitoring claims and managing written business up to and including the time of binding according to company guidelines and established CRC procedures.

Requirements

Bachelor's Degree or appropriate insurance designation
Three years of experience in underwriting or brokering E&S or specialty insurance products
Must be licensed in corresponding areas of insurance
Must be able to understand and independently manage the underwriting and brokerage process including analyze necessary components of insurance policies, determine terms and conditions, and price insurance products
Ability to understand the client's needs and have knowledge of the risk profiles associated
Recognize new trends and developments to the insurance industry and be able to incorporate into underwriting strategies
Possess strong knowledge of and experience in underwriting the types of accounts handled by the team on which they support
Ability to provide excellent customer service for retail insurance agencies
Team skills
Maintain current knowledge of the insurance industry
Good written and verbal skills

Responsibilities

Manage the underwriting process ensuring adherence to carrier underwriting guidelines and CRC policies and procedures.
Submitting appropriate information to brokerage markets for accounts that do not fit binding authority markets
Make underwriting decisions and solve difficult underwriting and coverage problems for retail agencies
Develop, maintain and cultivate strong relationships with binding-authority and brokerage carriers
Solicit, market, quote, bind and confirm new and existing business.
Negotiate the best terms and coverages available with accessible markets while properly communicating with all producers regarding submissions and decisions for new or renewal business in a timely manner.
Approve and disapprove endorsement requests according to internal and carrier guidelines.
Monitor accounts to ensure compliance with the firm's policies and procedures.
Meet or exceed company file documentation standards, comply with underwriting authority level standards and pass all audits performed by markets and our Internal Review Department.
Maintain necessary licenses.