Job Description:
Underwriter
Responsibilities:
Underwriting
Analyzes commercial lines accounts assigned to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls.
Rates, accepts, rejects or modifies new and renewal business within delegated authority levels, Company guidelines and state local regulations, to achieve profitable business growth.
Uses creativity and underwriting knowledge to write risks and retain business
Client servicing - Develops ongoing relationships with assigned producers to discuss and communicate on:
Market trends and appetite, to promote and evaluate the relevance of the Company’s products and services.
Quality and profitability of producer submissions, service standards, and underwriting and/or product changes.
Underwriting issues including but not limited to decisions on cancellations, declinations, exposure concerns, and survey results.
Assists Underwriting Manager to identify issues of concern and works to resolve or improve them. May identify sales and marketing opportunities in the process.
Helps Business Development colleagues train and educate producers’ staff in the Company’s more complex products, services and underwriting philosophy.
Networks within the insurance community to stay abreast of changes within the industry and ensure the Company’s products and pricing remain competitive and relevant.
Performs other duties as assigned.
Requirements:
Diploma/Bachelor's degree preferred.
Three or more years of commercial lines underwriting experience preferred.
Actively pursuing professional insurance designation(s); ACII/AAII or equivalent designation preferred.
Thorough knowledge of commercial lines products and contract language including regulatory and policy differences.
Strong negotiation and analytical skills.
Strong computer skills and ability to work with multi-faceted systems.
Ability to effectively and independently manage workload while exhibiting good judgment.
Excellent written and verbal communication skills.
Ability to build relationships with producers and other departments, and must also exemplify teamwork.
Interested applicants kindly submit your resume to john.ooi@recruitplus.com
