Underwriter

CRC Group•Garden City, NY

4d•$60,000 - $65,000

About The Position

Underwrites new and renewal business, approves policy changes, maintain workload, and controls written business up to and including the time of binding according to Company guidelines and established CRC procedures. Provides leadership to a production/underwriting team. Provides high quality professional service to Agents and Carrier Partners. ESSENTIAL DUTIES AND RESPONSIBILITIES Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Requirements

Bachelor's degree or appropriate insurance designation
Three years of experience in production and marketing of new accounts
Must be licensed in corresponding areas of insurance
Must be able to understand and analyze necessary components of insurance policies
Ability to understand the client's needs and have knowledge of the risk exposures associated
Recognize new trends and developments in the insurance industry and be able to incorporate into strategies
Must have knowledge of commercial multi-line underwriting and rating
Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, Rackley ISO Rating Software
Ability to develop, foster, and maintain an excellent working relationship with agencies
Provide necessary instruction to underwriting support staff
Exercise discretion in making decisions
Leadership and team playing skills
Maintain current knowledge of the insurance industry
Good written and verbal skills
Maintain travel schedule depending on the needs of clients, Agents, and new business
Ability to work extended hours when necessary

Responsibilities

Meet or exceed production goals as assigned by manager.
Underwrite new and renewal business.
Supervise a multi-person team ensuring all pertinent information is communicated.
Develop and maintain excellent relationships with clients.
Market all products and services to clients.
Communicate properly and timely with all producers regarding submissions and decisions for new or renewal business.
Approve and disapprove endorsement requests according to internal and Company guidelines.
Monitor accounts to ensure compliance with the firm's policies and procedures.
Monitor production, hit ratios, renewal retention ratios spread of risk and other production and quality measures to minimize risk and predict future success.
Review and handle policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.) appropriately.
Review inspection reports and compare to the conditions that were represented at the time of binding and take appropriate or needed actions.
Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits - both internal and external.
Maintain necessary licenses to produce business.