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Private Client Select · 2 weeks ago

Senior Underwriting Technician

New Jersey, United States

Full-time

Hybrid

Mid, Senior Level

2+ years exp

Private Client Select Insurance Services is an independent managing general underwriter focused on providing risk management solutions for high-value assets. The Senior Underwriting Technician is responsible for processing core functions throughout the underwriting lifecycle, including managing renewal business and ensuring compliance with underwriting standards.

Auto InsuranceFinancial ServicesInsuranceProperty InsuranceRisk Management

No H1B

Hiring Manager

Stephanie Garcia, MBA, PHR

Responsibilities

Assists the underwriter in the review of renewal business to ensure the best risks are maintained and non-profitable business is non-renewed or appropriately mitigated

Prioritizes renewal work queue to maintain renewal issuance standards and timeliness

Evaluates policies and endorsements against prescribed criteria to determine if risk qualifies for acceptance; verifies and rates renewal business (understands rating factors); investigates inconsistencies related to risk acceptance, renewal and pricing; reviews situations not covered by criteria; and develops information for underwriters to isolate problems

Analyzes current policy data including billing, inspection reports and loss runs to make educated decisions on Private Client Select renewal business. Understands Private Client Select’s workflows, contracts, underwriting strategy, and systems

Communicates with brokers to ensure mutual understanding, and resolves problems related to rating, coverage, billing, and underwriting requirements

Establishes effective broker relationships and demonstrates customer focus. Visits selected brokers as required

Liaises between the broker and underwriter to ensure needs are being met

Acts within designated authority to transact business and obtains appropriate authority for those risks that exceed the designated authority limits

Participates in special projects as needed

Understands and adheres to authority guidelines

Ensures polices and accounts are thoroughly documented to ensure compliance

Adheres to department standards and objectives

Qualification

Personal Lines UnderwritingProperty & Casualty LicensureAnalytical SkillsMicrosoft ExcelInterpersonal Skills

Required

2-5 years of Personal Lines Property & Casualty Insurance underwriting experience or relevant professional experience

Bachelor's degree (or equivalent work experience)

Property & Casualty Licensure required or willingness to obtain within 90 days of hire

Developing knowledge of underwriting concepts, practices, and procedures

Analytical and quantitative skills

Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions

Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines

Takes initiative on projects and assignments, seeks alternate solutions when necessary

Highly motivated and results-oriented

Positive, energetic, self-motivated, and possesses strong interpersonal skills

Microsoft Excel knowledge

Applicants must be legally authorized to work in the United States and must not require employment-based visa sponsorship now or in the future