Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter, where you will assess risk and determine coverage contributions for our diverse clientele. Your analytical skills will be crucial in evaluating applications and ensuring that our policies reflect the best service possible.

Responsibilities

• Evaluate and underwrite new and renewal insurance applications.
• Collaborate with the claims department to resolve underwriting issues.
• Maintain up-to-date knowledge of industry trends and regulations.
• Assist in developing underwriting guidelines and procedures.
• Conduct audits and reviews of underwriting results to improve performance.
• Draft and review policy wordings to ensure clarity and compliance.

Requirements

Education

• Bachelor's degree in risk management or related field
• Professional certifications (e.g., AIC, CPCU) are a plus

Experience

• 5+ years of experience in underwriting practices

Technical Skills

• Insurance Market Knowledge
• Data Analysis

Soft Skills

• Negotiation Skills
• Teamwork

Certifications

• Fellow of the Insurance Institute (FII)
• Professional Risk Manager (PRM)

Languages

• English: Fluent

Advantageous

• Proficiency in statistical analysis: Ability to conduct statistical analysis for risk assessment.
• Experience in claims management: Knowledge of claims processes to inform underwriting decisions.

Benefits

• Health insurance coverage for employees and dependents
• Retirement savings plan with matching contributions
• Quarterly bonuses based on performance
• Educational assistance for continuous learning

Company Culture

• Professional Growth: We support our employees' career aspirations through training and mentoring programs.
• Work-Life Balance: Our company emphasizes the importance of maintaining a healthy work-life balance.
• Community Engagement: We actively engage in community support and outreach initiatives.