Junior Underwriter

Brown & Brown Insurance•New York, NY

5d•$25 - $33

About The Position

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Underwriters play a crucial role in evaluating risks and determining the appropriate insurance coverage for individuals or businesses. As a Junior Underwriter, you'll be learning the ins and outs of the underwriting process and gaining practical experience under the guidance of experienced professionals.

Requirements

Bachelor's degree in finance, business, economics, or a related field.
Strong analytical and critical thinking skills.
Attention to detail and accuracy in assessing risk.
Good communication and interpersonal skills.
Ability to work in a team-oriented environment.

Nice To Haves

Basic knowledge of insurance principles and practices preferred (previous experience or coursework is a plus but not required)
Bilingual (English/Mandarin) preferred

Responsibilities

Learning underwriting guidelines and policies: You'll familiarize yourself with the company's underwriting guidelines and the criteria used to assess risk.
Analyzing insurance applications: You'll review insurance applications submitted by clients, verifying information, and evaluating potential risks.
Gathering and evaluating data: You'll collect and analyze data on the applicant's background, risk factors, and any other relevant information to make informed decisions.
Assisting with risk assessment: You'll work alongside experienced underwriters to evaluate the level of risk associated with insuring a particular client or business.
Policy development: You may assist in developing new insurance policies and products tailored to specific markets or industries.
Communication: You'll interact with insurance agents, brokers, and clients to obtain additional information and clarify any questions related to the underwriting process.
Continuous learning: As a trainee, you'll be expected to stay updated on industry trends, changes in regulations, and advancements in underwriting techniques