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Brown & Brown · 11 hours ago

Renewal Underwriter

Irvine, CA

Full-time

Onsite

Entry, Mid Level

$75K/yr - $100K/yr

1+ years exp

Brown & Brown is a company built on meritocracy, seeking a Renewal Underwriter to join their team in Irvine, CA. The Renewal Underwriter is responsible for analyzing and underwriting renewal accounts, evaluating risk exposures, determining premiums, and ensuring compliance with guidelines while providing exceptional service to clients and training team members.

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 licensedCICCPCU designationExcessSurplus linesMS Office SuiteExceptional telephone demeanor

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

Proficient with MS Office Suite

Exceptional telephone demeanor

Preferred

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

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