Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter who will assess risk and determine the insurability of clients in various sectors. The ideal candidate will have strong analytical skills and previous underwriting experience.

Responsibilities

• Evaluate and analyze risk associated with insurance applications and recommend approval or denial.
• Maintain accurate records of underwriting decisions and rationale.
• Work with the sales team to discuss application insights and improve client experience.
• Identify areas to streamline processes and increase efficiency in underwriting.
• Engage in ongoing education and professional development opportunities.
• Foster strong relationships with brokers and agents to ensure smooth communication.
• Review claims history periodically to refine risk assessment strategies.

Requirements

Education

• Bachelor's degree in Risk Management or a related field
• Master's degree is a plus

Experience

• 5+ years in underwriting or insurance analysis

Technical Skills

• Data Analysis
• Regulatory Knowledge

Soft Skills

• Interpersonal Skills
• Decision-making

Certifications

• CPCU Designation
• Associate in Personal Insurance (API)

Languages

• English: Fluent

Advantageous

• Familiarity with statistical analysis tools: Experience using statistical methods to assess risks.
• Certifications in data analysis: Additional qualifications in data analytics would be beneficial.

Benefits

• Comprehensive health benefits including vision and dental
• Retirement savings plan with matching contributions
• Generous paid time off policy
• Opportunities for professional development

Company Culture

• Continuous Improvement: We foster a culture of learning and improvement for our employees.
• Diversity: We celebrate diversity and inclusivity in our workplace.
• Work-Life Balance: We aim to provide a healthy work-life balance for all our team members.