Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter where you will play a key role in evaluating insurance applications, assessing risk, and ensuring our clients receive the best policies tailored to their specific needs. This position offers a unique opportunity to utilize your analytical skills in a dynamic and supportive work environment.

Responsibilities

• Inspect and analyze insurance applications to evaluate coverage options.
• Calculate premiums based on assessment of risk and client needs.
• Negotiate with agents to maintain policy profitability.
• Ensure compliance with all regulatory requirements.
• Advise clients on insurance coverage options and implications.
• Engage in continuous professional development to enhance underwriting practices.
• Collaborate with the claims department to assess the validity of claims.
• Advocate for the client's needs throughout the underwriting process.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Master's degree is advantageous

Experience

• Minimum 4 years of experience in underwriting roles

Technical Skills

• Policy Development
• Claims Management

Soft Skills

• Negotiation
• Analytical Skills

Certifications

• Fellow of the Casualty Actuarial Society (FCAS)
• Certified Insurance Counselor (CIC)

Languages

• English: Fluent

Advantageous

• Advanced Excel skills: Strong ability to create complex spreadsheets for financial analysis.
• Experience with underwriting software: Knowledge of relevant underwriting tools and software applications.

Benefits

• Comprehensive health benefits including dental and vision
• Flexible work hours with the option for hybrid work
• Professional development programs
• Retirement savings plan with employer match

Company Culture

• Diversity and Inclusion: We value diversity and encourage a culture where all employees feel respected and valued.
• Community Engagement: Our team is dedicated to giving back to the community through volunteer opportunities and partnerships.
• Work-Life Balance: We prioritize employee well-being and support flexible scheduling to promote work-life balance.