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

• Analyze applicants' financial status, credit, and property details to determine risk and insurability.
• Develop and maintain effective policies and procedures for underwriting activities.
• Collaborate with agents and clients to understand their needs and provide tailored insurance solutions.
• Review insurance applications and request additional information as necessary.
• Ensure compliance with industry regulations and company standards.
• Monitor industry trends and adjust underwriting practices accordingly.
• Prepare detailed reports for management on underwriting activities.
• Participate in team meetings to share insights and improve underwriting practices.

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

• Experience with underwriting software: Familiarity with technology used in underwriting processes.
• Knowledge of reinsurance principles: Understanding of how reinsurance impacts underwriting decisions.

Benefits

• Health, dental, and vision insurance
• 401(k) with company match
• Paid time off and holidays
• Flexible scheduling options

Company Culture

• Team Spirit: We emphasize collaboration and teamwork within a supportive environment.
• Integrity: Our commitment to ethical practices is central to our operations.
• Innovation: We encourage innovative thinking and empower employees to propose solutions.