Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our Boston office. The ideal candidate will evaluate insurance applications and determine policy terms, ensuring compliance with industry regulations while minimizing risk exposure for our clients. Your analytical skills and knowledge of market trends will be pivotal in guiding our underwriting decisions.

Responsibilities

• Review and assess risk based on client applications and financial data.
• Formulate and implement appropriate underwriting guidelines.
• Educate clients and agents about coverage options and risk management.
• Collaborate with claims teams to understand claims history and trends.
• Identify emerging trends in the insurance market and adjust strategies.
• Prepare detailed reports summarizing underwriting findings.

Requirements

Education

• Bachelor's degree in Business, Finance, or related field
• Advanced degree preferred

Experience

• 5+ years of underwriting experience in the insurance industry

Technical Skills

• Insurance Regulations
• Policy Terms Knowledge

Soft Skills

• Interpersonal Skills
• Detail-Oriented

Certifications

• CPCU
• AU

Languages

• English: Fluent

Advantageous

• Advanced analytical skills: Expertise in advanced data analysis for underwriting decisions.
• Strong negotiation skills: Ability to negotiate favorable terms with clients and agents.

Benefits

• Generous paid time off and holidays
• Employee wellness programs
• Career development and training opportunities
• Supportive team environment and company culture

Company Culture

• Continuous Improvement: We value feedback and strive for constant enhancement in processes and services.
• Employee Empowerment: We empower our team members to take initiative and make decisions.
• Diversity and Inclusion: We embrace diverse perspectives and backgrounds to enrich our workplace.