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The Underwriter operates at an intermediate level of underwriting skill and difficulty and will work independently under moderate direction from their assigned Underwriting Team Leader. The Underwriter will operate within its assigned intermediate level of Underwriting Authority to evaluate, qualify and rate individual insurance applications/ supporting documentation for assigned underwriting files to determine the acceptability of risk factors on behalf of the carrier. This individual is expected to maintain a high level of accuracy within their work product. The Underwriter will also contribute toward the achievement of the company’s premium and profitability goals as defined by its underwriting leader.
Job Responsibility:
Underwrite standard level of new and renewal accounts in accordance with all applicable guidelines and procedures
Evaluate client’s entire range of exposures (general liability, excess/umbrella, property, and automobile) ensuring each exposure has been properly assessed
Ensure effective, comprehensive approaches are developed, recommended, and implemented to address the exposures
Develop and communicate informed, sound underwriting decisions
Monitor results to identify trends and developments on assigned accounts
Coordinate account servicing through interaction with Client Services, Risk Services and Claims Services
Requirements:
Active Indiana Property and Casualty License
Bachelor’s degree in insurance & risk management OR possess 2+ years of on-the-job underwriting experience, including developed technical knowledge and underwriting philosophy
Solid understanding of underwriting commercial exposures and insurance coverages