Insurance Underwriter

Job Description

In this position, you’ll serve as a key decision-maker in the underwriting process, ensuring that our policies align with corporate standards and regulations. You will review applications, assess risk factors, and liaise with agents to propose coverage options. Ideal candidates will have strong communication skills and a knack for data analysis.

Responsibilities

• Evaluate and analyze insurance applications to determine risk factors.
• Work with agents to collect necessary documentation for underwriting.
• Assess data to establish premiums and policy terms.
• Identify potential risks and advise on underwriting strategies.
• Collaborate with various departments to streamline the underwriting process.
• Communicate decisions clearly to agents and clients.
• Stay updated on industry trends and regulations related to underwriting practices.
• Participate in the development and implementation of underwriting policies.
• Suggest improvements for enhancing underwriting efficiency and effectiveness.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or a related field

Experience

• 3-5 years of experience in underwriting or insurance analysis

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Communication
• Attention to Detail

Certifications

• Chartered Property Casualty Underwriter (CPCU)
• Associate in Commercial Underwriting (ACU)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with policy processing systems and underwriting tools.
• Knowledge of digital sales platforms: Experience with online sales and e-commerce related to insurance.

Benefits

• Competitive salary and performance bonuses
• Health insurance, retirement plans, and paid time off
• Professional development opportunities
• Friendly and supportive work environment

Company Culture

• Innovation: We encourage employees to bring new ideas to the table and continuously improve our processes.
• Teamwork: Collaboration is at the heart of our company; together, we achieve more.
• Diversity and Inclusion: We are committed to fostering a diverse and inclusive workplace where everyone feels valued.