Underwriter/Sr. Underwriter

Allied WorldChicago, IL
1d$85,000 - $115,000

About The Position

Critically analyze health care organizations' operations, litigation history, and commitment to clinical risk management to assess their ability to deliver medical services to patient populations. Learn and leverage underwriting tools—including models, actuarial resources, and claims and risk management colleagues—to evaluate risk appetite, determine pricing, and structure coverage offerings while achieving targeted premium and profitability goals. Ensure compliance with divisional and corporate underwriting guidelines, administrative requirements, and service timelines. We welcome candidates making career transitions who bring transferable analytical skills and a commitment to learning our underwriting processes. Join a fast-paced, collaborative team environment focused on rigorous analysis and mutual support.

Requirements

  • 4-year college degree
  • Solid Writing and Communication Skills
  • 1-5 years underwriting experience
  • Organizational skills, and ability to change task quickly
  • Ability to work independently as well as in a group setting
  • Willingness to travel
  • Must be able to think originally, be willing to challenge ideas and be receptive to having their own ideas challenged
  • Working understanding of Excel

Responsibilities

  • Compliance with underwriting guidelines, systems and procedures
  • Perform general underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations
  • Work within authority and receive proper approval from regional manager as necessary.
  • Liaise with Claims Department on any specific claims activity and overall market claims concerns, which could potentially affect profitability
  • Consistent with Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
  • Conduct marketing meetings with brokers as directed by the regional manager.
  • Attend client/broker meetings, lunches, dinners and other social outings as applicable.
  • Follow treaty and facultative reinsurance protocols as required
  • Stay current with respect to major industry issues and developments
  • Provide specific reports as needed by senior staff
  • Other duties as assigned

Benefits

  • Health, Dental and Disability Insurance
  • a company match 401k plan
  • Group Term Life Insurance
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service