Personal Lines Underwriter
$70,000 - $75,000/Yr
Bridge Specialty Group - New Hyde Park, NY
posted about 1 month ago
Full-time - Entry Level
New Hyde Park, NY
About the position
The Personal Lines Underwriter is responsible for evaluating and assessing insurance applications for personal lines coverage, including auto, home, and renters insurance. This role involves analyzing risk factors, determining appropriate coverage levels, and setting premium rates based on company guidelines and market trends. The underwriter will collaborate with agents and clients to gather necessary information, review policy documents, and ensure compliance with regulatory requirements.
Responsibilities
- Determine acceptability of risk from retail agents and evaluate submissions within required turnaround time set by management.
- Approve selected risks as per carrier guidelines.
- Work on assigned renewal book of business in a timely manner to increase retention and revenues.
- Contact companies for specific risk exceptions/approvals and review submissions for complete underwriting information.
- Communicate with retail agents regarding particular submissions and/or risks as necessary.
- Build and maintain working relationships with retail agents to motivate continued submissions and increase production levels and revenues.
- Meet monthly production goals as agreed upon with management.
- Provide online endorsement quotes to retail agents as requested in a timely manner.
- Assist retail agents with procedures, guidelines, and the online quoting system.
Requirements
- Preferred two years college with an associate degree or 2 years insurance experience with P&C license.
- Intermediate to advanced computer skills.
- Ability to maintain a high level of confidentiality.
- Ability to complete all underwriting training to the satisfaction of management.
Nice-to-haves
- Associate's or Bachelor's degree in a business or financial related discipline.
Benefits
- Medical/Rx
- Dental
- Vision
- Life Insurance
- Disability Insurance
- ESPP
- 401k
- Student Loan Assistance
- Tuition Reimbursement
- Free Mental Health & Enhanced Advocacy Services
- Paid Time Off
- Holidays
- Preferred Partner Discounts
