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The Underwriter is responsible for evaluating and assessing insurance applications for personal lines coverage, including auto, home, and renters insurance. This role involves analyzing risk factors, determining appropriate coverage levels, and setting premium rates based on company guidelines and market trends. The underwriter will collaborate with agents and clients to gather necessary information, review policy documents, and ensure compliance with regulatory requirements.
Job Responsibility:
Determines acceptability of risk from the retail agents, evaluates and replies within required turnaround time set by management and approves selected risk as per carrier guidelines
Works assigned renewal book of business in a timely manner in order to increase retention and revenues
Contacts companies for specific risk exceptions/approvals, reviews submission for complete UW information
Communicates with retail agents when necessary, regarding particular submissions and/or risks
Builds and maintains working relationship with the retail agents in order to motivate the agent to provide continued submissions to increase production levels and revenues
Meet monthly production goals as agreed upon with Management
Provide to the retail agent on-line endorsement quotes as requested in a timely manner
Assist the retail agents with procedures, guidelines and our on-line quoting system
Requirements:
Associate’s or Bachelor’s degree in a business or financial related discipline preferred
2 years college with associate degree or 2 years insurance experience with P&C license
Intermediate to advanced computer skills
Ability to maintain a high level of confidentiality
Ability to complete all UW training to the satisfaction of management
What we offer:
Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
Financial Benefits: ESPP
401k
Student Loan Assistance
Tuition Reimbursement
Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more