Underwriter | Property & Casualty
About The Position
Primary focus is to assist in servicing and operational management of accounts. Underwrite, service and manage assigned accounts of moderate complexity. Complexity is based on the degree of uncertainty, financial risk, technical requirements, urgency and volume or size. Assess exposure and determine rates, terms and conditions of coverage in accordance with guidelines and uses judgement underwriting to evaluate a risk. Determine either to accept, modify, or decline risks. Request reinsurance as necessary. Decrease value of policy when risk is substandard to limit company obligation, and specify applicable endorsements, or apply rating to ensure safe and profitable distribution of risks. Develop or modify policy wording when standard text is not appropriate. Bind coverage and initiate issuance of documents. Sign policy and authorize transmittal of documents to brokers and markets as required. Additional responsibilities as assigned.
Requirements
- High school diploma or GED required.
- 3 to 5 years of underwriting experience.
- Must maintain current required licenses and certifications relevant to field of expertise.
- Demonstrates the ability to communicate verbally and in writing throughout all levels of the organization, both internally and externally.
- Effective customer service skills.
- Proficient use of applicable technology.
- Ability to work in a team environment as well as independently.
- Ability to analyze and prioritize multiple responsibilities.
Nice To Haves
- Bachelor's degree preferred.
Responsibilities
- Assist in servicing and operational management of accounts.
- Underwrite, service and manage assigned accounts of moderate complexity.
- Assess exposure and determine rates, terms and conditions of coverage in accordance with guidelines.
- Use judgment underwriting to evaluate a risk.
- Determine whether to accept, modify, or decline risks.
- Request reinsurance as necessary.
- Decrease value of policy when risk is substandard to limit company obligation, and specify applicable endorsements, or apply rating to ensure safe and profitable distribution of risks.
- Develop or modify policy wording when standard text is not appropriate.
- Bind coverage and initiate issuance of documents.
- Sign policy and authorize transmittal of documents to brokers and markets as required.
- Perform additional responsibilities as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
