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Brown & Brown · 2 days ago

Renewal Underwriter

Missoula, MT

Full-time

Onsite

Entry, Mid Level

1+ years exp

Brown & Brown is a company built on meritocracy that rewards self-starters and is committed to customer satisfaction. They are seeking a Renewal Underwriter to analyze, underwrite, and service renewal accounts, evaluate risk exposures, and ensure compliance with guidelines while providing guidance to team members and fostering relationships with industry partners.

Insurance

Responsibilities

Examine application forms, inspection reports, insurance maps, medical reports, and related documents to assess risk based on financial standing, age, occupation, accident history, and property value/condition

Review company records to confirm existing coverage on single risks or groups of related risks, while evaluating potential for catastrophic or excessive losses

Underwrite or broker renewal accounts, ensuring compliance with carrier guidelines, accuracy of applications, timely issuance of quotes, binders, and policies, and completion of state filings and tax payments

Assist Underwriters/Brokers with reviewing, analyzing, and underwriting renewal and new business accounts; determine premiums and terms, analyze exposures, and issue written indications, quotes, and binders

Utilize inspection companies to gather additional information, support rate development, and communicate company underwriting policies

Partner with Underwriters/Brokers to market services, meet with retail agency clients, and cultivate relationships that grow and retain business

Leverage binding authorities or broker risks when necessary to negotiate successful placements and support overall underwriting results

Ensure proper coding and completion of required forms and documentation

Service and maintain existing business with strong awareness of departmental priorities

Train and mentor processors and assistants by reviewing submissions, indications, quotes, binders, and policies for accuracy and completeness

Qualification

P&C State licensedUnderwriting experienceCICCPCU designationISO manuals familiarityExcessSurplus linesMS Office Suite

Required

P&C State licensed

Pursue the CIC or CPCU designation, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e. coverages, exclusions, conditions, and terms

Bachelor's degree (B. A.) from four-year College or university is desired or five years insurance experience, two years of which is as an underwriting assistant

Proficient with MS Office Suite

Exceptional telephone demeanor

1-3 years' experience with excess and surplus lines underwriting agency or company