Associate Underwriter Jobs

About The Position

Requirements

• Bachelor’s degree in risk management, Finance, Business or a related field preferred
• 0 – 1 year underwriter or insurance experience
• Foundational knowledge of insurance principles
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
• Ability to follow policies and procedures
• Complete assigned tasks correctly, on time and able to learn quickly
• Self-motivated and demonstrating attention to detail
• Be able to work independently for extended periods
• Excellent written and verbal communication skills as well as general business understanding
• Must be able to remain in a stationary position 50% of the time, with occasional movement in the office to access cabinets and equipment

Responsibilities

• Process submissions by providing account triage for Underwriters
• Provide backup support for Underwriters when traveling in the market
• Gather and compile information required to quote and/or bind an account
• Generate, edit, and send out a variety of correspondence on behalf of the Underwriters such as declination letters, quote follow ups and subjectivity reminders
• Demonstrate basic understanding of technical underwriting principles and risk underwriting characteristics
• Learn market dynamics, competitive landscape, and product differences (attend weekly underwriting meetings if applicable, ask questions) – need to understand what business is selling (understanding why deals are lost and adjusting accordingly)
• Provide customer service and underwriting support to help achieve new and renewal premium goals
• Build relationships with producers with supervision from more senior underwriters
• Travel up to 10% with an underwriter to shadow and participate in interactions between Underwriters and brokers
• Fill in for other team members to ensure business continuity during peak periods and/or when team members are unavailable
• Assist Underwriters as requested
• Complete other related clerical and administrative duties as assigned
• Quote issuance as approved by senior underwriter
• Binder issuance as approved by senior underwriter
• Policy Issuance review as approved by senior underwriter
• Conduct inspection review and analysis resulting in appropriate issue identification, and process post inspection changes as necessary

Benefits

• medical
• dental
• vision
• a wide variety of wellbeing offers
• competitive salary
• unlimited PTO
• 401k with company match
• paid volunteer days