Insurance Underwriter

Job Description

Join our growing team as an Insurance Underwriter, where you will be responsible for evaluating insurance applications, determining coverage options, and mitigating risks. This position requires a keen eye for detail and a solid understanding of policy guidelines. Be a part of our innovative approach to insurance!

Responsibilities

• Assess insurance applications for risk and determine appropriate coverage.
• Collect and analyze relevant information to support underwriting decisions.
• Work closely with sales agents to provide feedback and assist in the application process.
• Evaluate new and renewal business, ensuring compliance with governmental regulations.
• Prepare and issue insurance policies and endorsements.
• Communicate underwriting decisions effectively to stakeholders.
• Maintain detailed records of risk assessments and coverage decisions.
• Stay updated on industry trends and regulatory changes.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field
• Professional certification in underwriting (e.g., AINS) is advantageous

Experience

• 3+ years of experience in underwriting or related fields

Technical Skills

• Risk Assessment
• Analytical Skills
• Insurance Software Proficiency

Soft Skills

• Attention to Detail
• Communication

Certifications

• Fellow of the Institute of Risk Management (FIRM)
• Chartered Insurance Institute (CII) qualification

Languages

• English: Fluent

Advantageous

• Familiarity with commercial insurance products: Knowledge of various insurance products like property and casualty.
• Experience with insurance regulations and compliance: Understanding of the regulations impacting insurance practices.

Benefits

• Competitive salary and performance-based bonuses
• Health, dental, and vision insurance
• Retirement savings plan with company match
• Flexible working hours
• Opportunities for professional development

Company Culture

• Team Collaboration: We promote a collaborative work environment where everyone's ideas are valued.
• Innovation Focus: Encouraging creative solutions and innovative approaches in our work.
• Continuous Learning: Fostering an environment focused on continuous professional growth.