UNDERWRITER
SUMMARY OF RESPONSIBILITIES:
Responsible for quoting, binding and retaining profitable insurance accounts.
SPECIFIC RESPONSIBILITIES:
Work with established programs/markets to quote and sell insurance to retail and wholesale agents nationally
Provide timely turnaround for all quote requests and applications
Maintain underwriting standards and best practices and ensure that underwriting revenue results meet or exceed plan
Compile and summarize pertinent data into underwriting file (electronic)
Develop new retail agent opportunities
Deliver high quality /accuracy of the product for client’s new and or existing accounts
Use sound judgment and independent thinking to achieve the maximum result within authority guidelines
Escalate risks that are beyond assigned authority to underwriting management for evaluation and direction
Organize and prepare program renewal information to present carrier partners
Works independently with moderate guidance and supervision
Actively seeks out new and challenging projects
Follow underwriting guidelines and compliance procedures
Performs other duties as required
QUALIFICATIONS:
Experience with automated systems and Microsoft Office products
Knowledge of Professional Liability programs preferred
Ability to build and maintain strong relationships
Dependability, strong attention to detail, and ability to follow/interpret procedures
Possess strong problem solving , communication and organizational skills
Sound judgment and decision making and explains and documents reasons for decisions
Ability to work within the underwriting guidelines with appropriate follow-up skills
Ability to learn multiple products quickly to support revenue growth for program business
Strong written and verbal communication skills necessary to communicate in a professional manner with the marketplace as well as colleagues
EDUCATION AND WORK EXPERIENCE:
Bachelor’s degree or commensurate experience
5+ years of underwriting P&C business
Knowledge of Professional Liability underwriting processes preferred