Underwriter

Porch Group • Seattle, WA

9d • Remote

About The Position

The Underwriter is responsible for reviewing, analyzing, evaluating, quoting, declining, and nonrenewing new and renewal business. This individual is responsible for making decisions that adhere to the company’s underwriting criteria and support organizational growth and objectives. In addition, they will build strong agency relationships, make timely and appropriate decisions, and provide excellent service to all customers.

Requirements

• Minimum 4 years of personal property underwriting experience required.
• Proven team member with strong collaboration skills.
• Measurable achievements in exceeding customer and co-worker experience standards by responding promptly, maintaining a positive attitude, building rapport, showing empathy, and representing Porch Values.
• Ability to act as influencer in most difficult customer situations within team.
• A history of meeting key performance metrics.
• Strong understanding of industry practices, standards, and underwriting concepts.
• Ability to multitask and problem solve effectively.
• Proficient oral and written communication skills.
• Strong negotiation and relationship-building skills.
• Excellent time management skills.
• Self-motivated with a desire to succeed.
• Ability to adapt quickly and positively to changes.
• Ability to work autonomously with limited direction.
• Understanding and adherence of compliance and regulatory requirements.
• Analytical and critical thinking skills with the ability to interpret complex data.
• Strong professional judgment with the ability to balance risk and growth objectives.
• Excellent relationship building skills with both internal and external partners.
• Strong organizational skills and ability to manage a high-volume workflow.
• High attention to detail and commitment to accuracy.
• Ability to multitask and prioritize in a fast-paced environment
• Proficiency with Microsoft Office Suite.

Nice To Haves

• 4+ years of personal property underwriting experience.
• Experience in a tech forward or high growth insurance environment.
• Familiarity with ISO guidelines and rating plans.
• Experience participating in carrier book rolls or supporting agencies through book roll transitions.
• Insurance designations such as AU, AINS, CPCU, or progress toward one.

Responsibilities

• Manage and develop a homeowner book of business within an assigned territory to meet organizational objectives for growth, retention, and profitability.
• Maintain an understanding of State guidelines and State specific forms.
• Use established practices, procedures, and authority levels to modify, renew, and write new homeowner’s policies.
• Use research and analysis to develop practical underwriting solutions consistent with organizational objectives.
• Evaluate risk characteristics and analyze historic and potential account performance to make sound decisions.
• Understand personal lines products, coverages, and rating methodology.
• Build and maintain strong agency relationships, including management of large, high volume agency partners.
• Regularly communicate with team members, other internal departments, and external partners.
• Identify and analyze accounts and make sound underwriting decisions.
• Make decisions independently within assigned authority levels.
• Make decisions with efficiency, speed, and accuracy to meet department service standards.
• Execute policies and procedures within the assigned authority.
• Consistently act according to customer experience standards: respond quickly, maintain a positive attitude, build rapport, and demonstrate empathy.
• Recommend solutions to Senior Underwriters or the Underwriting Manager for risks outside of authority.
• Assist with carrier book roll opportunities, supporting agents in transitioning business efficiently and compliantly.
• Perform special projects and other duties as assigned

Benefits

• Comprehensive coverage for your health, life, and financial wellbeing.
• Three (3) Medical plan options
• Two (2) Dental plan options
• A Vision plan
• Critical Illness, Hospital Indemnity and Accident plans offered on a voluntary basis.
• Pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.
• Company paid Basic Life and AD&D, Short and Long-Term Disability benefits.
• Voluntary Life and AD&D plans.
• Traditional and Roth 401(k) plans are available with a discretionary employer match.
• Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.
• Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes.
• LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.
• Flexible paid vacation
• Company-paid holidays of typically nine per year
• Paid sick time
• Paid parental leave
• Identity theft program
• Travel assistance
• Fitness and other discounts programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed