Insurance Underwriter

Job Description

As an Insurance Underwriter at our company, you will be responsible for assessing applications, conducting risk assessments, and making coverage decisions. If you enjoy working with numbers and providing solutions, this position offers you a chance to make an impact in the insurance field.

Responsibilities

• Assess risk data and develop pricing strategies for insurance products.
• Provide guidance and support to insurance agents regarding underwriting standards.
• Effectively communicate underwriting decisions and rationale to clients.
• Review claims and determine validity based on underwriting guidelines.
• Participate in training and mentorship programs for junior underwriters.
• Maintain accurate records of underwriting activity and client communications.
• Contribute to team meetings and strategic planning sessions.

Requirements

Education

• Bachelor's degree in Economics or related field

Experience

• 3+ years of underwriting experience within the insurance industry

Technical Skills

• Insurance Regulations
• Financial Analysis

Soft Skills

• Critical Thinking
• Negotiation

Certifications

• Associate in Risk Management (ARM)

Languages

• English: Fluent

Advantageous

• Experience in commercial insurance underwriting: Exposure to underwriting for commercial lines of insurance.
• Advanced proficiency in Microsoft Excel: Strong Excel skills for data analysis and reporting.

Benefits

• Comprehensive health and wellness benefits
• Retirement savings plan with company contribution
• Ongoing training and career advancement opportunities
• Flexible working hours and a supportive work culture

Company Culture

• Innovation: We value creative thinking and innovation in our approach to underwriting.
• Diversity and Inclusion: We are committed to creating an inclusive workplace where diverse perspectives are valued.
• Work-Life Balance: We promote a healthy work-life balance for all our employees.