Underwriter Jobs

About The Position

Requirements

• Develop a strong knowledge and understanding of the rating requirements and policy forms used within your underwriting responsibilities.
• Demonstrate effective time management, organizational, and computer skills.
• Good listening and decision-making skills, detail oriented, accurate and efficient.
• Active participation in the team process, both internally and externally, and excellent customer service skills.
• College bachelor's degree preferred.
• Will be required to complete the Associate in Personal Lines Insurance (API) or Associate in Commercial Lines (AU) designation and at least one other insurance course within 48 months.
• Successful completion of the Personal Lines section of CIC, and Associate in Service (AIS) program will also be necessary.
• CPCU completion is strongly encouraged as well.

Nice To Haves

• CPCU completion is strongly encouraged as well.

Responsibilities

• Evaluate risks for acceptance, renewal, modification, or declination within established departmental underwriting criteria and individual authority documents to produce an underwriting profit.
• Analyze underwriting information such as applications, change requests, inspections, credit reports, MVR's, cost estimators.
• Evaluate alternative outcomes, make appropriate underwriting decisions and include proper and accurate file documentation.
• Answer questions from agents and other team members concerning risk analysis, eligibility, underwriting rules, rating and company practices and procedures.
• Evaluate the underwriting results of the assigned territory and make recommendations for corrective action, as necessary.
• Participate as needed with feedback for Product Managers, evaluation of the agency force and development of underwriting guidelines.
• Communicate with agents, in a business-like manner: Explain the reasons behind underwriting decisions.
• Demonstrate flexibility and adaptability as risk conditions or market conditions change.
• Build professional working relationships with agents, customers, and other company personnel.
• Use persuasion and influencing skills to encourage application submissions and business retention, selling the appropriate coverages and promoting loss control measures.
• Look up policy information on the computer and possess a working knowledge of systems and databases to facilitate in answering policy, coverage, and billing questions.
• Participate in marketing efforts, including individual agency visits, company/agency meetings, and/or training sessions.
• Complete special assignments.
• Other duties as assigned.