Insurance Underwriter

Job Description

As an Insurance Underwriter, you will assess and evaluate insurance applications, determining risk and coverage amounts. This role involves working closely with clients and agents to ensure accurate and fair underwriting decisions.

Responsibilities

• Conduct risk assessments on new policies according to company standards.
• Maintain communication with clients to clarify questions on applications.
• Assess existing policies for renewals or adjustments.
• Collaborate with the claims department to resolve complex cases.
• Develop relationships with clients and brokers for ongoing business.
• Keep up to date with industry trends and changes in regulations.

Requirements

Education

• Bachelor's degree in Insurance, Business Administration, or equivalent
• Advanced insurance certification is a plus

Experience

• 4+ years in the insurance underwriting field

Technical Skills

• Policy Evaluation
• Regulatory Knowledge

Soft Skills

• Negotiation
• Problem Solving

Certifications

• Associate in Underwriting (AU)
• Project Management Professional (PMP)

Languages

• English: Fluent

Advantageous

• Proven track record in reducing risk: Demonstrated success in implementing strategies to minimize underwriting risk.
• Advanced analytics skills: Experience using analytics software to enhance underwriting decisions.

Benefits

• Annual performance bonuses and salary reviews
• Health and wellness programs
• Generous leave policies and family-related benefits
• Opportunities for professional development

Company Culture

• Continuous Improvement: We strive for continuous improvement in our processes and service delivery.
• Work-Life Balance: We promote a healthy work-life balance to ensure employee well-being and productivity.
• Diversity and Inclusion: We celebrate diversity and aim to create an inclusive environment for all our employees.