Underwriter Lead

Alliant Insurance Services • Irvine, CA

9d

About The Position

Responsible for reviewing, underwriting and rating broker submissions for new and renewal business. Ensures content of submissions is complete; obtains additional information from Retail Producers and Account Managers as needed. Markets to carrier to obtain quotes, negotiate pricing, define coverage's, and determine commissions
ESSENTIAL DUTIES AND RESPONSIBILITIES
Evaluates new and renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth;
Manages preparation of program renewal specifications and distribution to markets;
Participates in all appropriate committees as recognized in managed programs;
Works with program’s insurance/reinsurance markets to formalize and implement annual business plan;
Manages renewal expiration lists and creates timelines for renewals;
Reviews policies and endorsements to identify errors or omissions to ensure agreement with binding order; reviews for discrepancies with application, quote, proposal, and/or binder;
Orders necessary reports such as credit, location, motor vehicle, and/or inspection reports, as well as building cost estimates;
Analyzes inspection reports to accept or reject new business;
Coordinates the preparation of policy delivery with all related documents;
Issues policies and endorsements; binds coverage and coordinates binders/evidences;
Technical expert assisting management, staff, producers, carriers and account managers with resolving complex issues;
Coordinates the preparation and distribution of management reports;
Maintains and manages coverage bordereaux;
Manages and delegates work to underwriters, assistant underwriters and administrative staff; monitors to ensure timely and accurate completion;
Maintains updated logs; submissions, written or lost business;
Maintains files, historical data and client suspense; conducts follow-ups as appropriate;
Coordinates underwriting audits;
Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
Other duties as assigned.

Requirements

• Bachelor's Degree or equivalent combination of education and experience
• Eight (8) or more years related work experience, knowledge of insurance industry and prior supervisory experience
• Valid Insurance License
• Must continue to meet requirements for license renewal
• DL NUMBER - Driver License, Valid and in State
• Excellent verbal and written communication skills
• Good customer service skills, including telephone and listening skills
• Good problem solving and time management skills
• Ability to work within a team and to foster teamwork
• Excellent planning, organizational and prioritization skills
• Ability to perform complex mathematical functions
• Proficient in Microsoft Office products

Responsibilities

• Evaluates new and renewal business in accordance with established underwriting guidelines in order to achieve goals of profit, rate and growth
• Manages preparation of program renewal specifications and distribution to markets
• Participates in all appropriate committees as recognized in managed programs
• Works with program’s insurance/reinsurance markets to formalize and implement annual business plan
• Manages renewal expiration lists and creates timelines for renewals
• Reviews policies and endorsements to identify errors or omissions to ensure agreement with binding order; reviews for discrepancies with application, quote, proposal, and/or binder
• Orders necessary reports such as credit, location, motor vehicle, and/or inspection reports, as well as building cost estimates
• Analyzes inspection reports to accept or reject new business
• Coordinates the preparation of policy delivery with all related documents
• Issues policies and endorsements; binds coverage and coordinates binders/evidences
• Technical expert assisting management, staff, producers, carriers and account managers with resolving complex issues
• Coordinates the preparation and distribution of management reports
• Maintains and manages coverage bordereaux
• Manages and delegates work to underwriters, assistant underwriters and administrative staff; monitors to ensure timely and accurate completion
• Maintains updated logs; submissions, written or lost business
• Maintains files, historical data and client suspense; conducts follow-ups as appropriate
• Coordinates underwriting audits
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information)
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level