Underwriter 1 jobs in United States
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USI Insurance Services · 1 day ago

Underwriter 1

USI Insurance Services is seeking an Underwriter 1 to assess risks of a less complex nature and manage relationships with brokers and carriers. The role involves reviewing insurance policy applications, determining the desirability of risks, and ensuring compliance with regulatory standards.

Commercial InsuranceConsultingEmployee BenefitsFinancial ServicesHealth InsuranceInsuranceRisk Management
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Growth Opportunities

Responsibilities

Under general supervision, review insurance policy applications. Includes review for completeness, accuracy, and acceptability of risks
Obtain supplementary information as needed to underwrite policy
Determine the desirability of accepting or rejecting risks within program guidelines
Coordinate risk assessment with Underwriting team
Underwrite and price exposures in accordance with filed and approved program rate levels and guidelines. Bring policy to completion with recommending and binding coverage, invoicing, and policy issuance
Identify the need, order, and evaluate additional risk assessment information
Communicate with agents to obtain supplemental underwriting information as needed
May issue policies and endorsement accurately and update Agency logs
Analyze and rate endorsement requests
Issue and track conditional/non-renewal notices and cancellations. Adhere to regulatory compliance
Maintain knowledge of policy terms and endorsements
May require some travel for educational development or client relationship building

Qualification

Property & Casualty licensureUnderwriting experienceInsurance industry knowledgeMathematical skillsMicrosoft Office proficiencyResearch skillsCommunication skillsOrganizational skills

Required

2 years underwriting assistant or rating experience
High school diploma or equivalent required
For direct client service/underwriting, Property & Casualty and/or appropriate business licensure is required
Broad knowledge of insurance industry
Ability to negotiate with strong mathematical skills
Strong written and verbal communication skills
Working knowledge of Microsoft Office suite of products
Proficiency in utilizing company systems
Strong organizational skills with attention to detail and accuracy
Research skills required to troubleshoot customer problems
Ability to travel 5% of the time

Benefits

Medical
Wellness
Dental and vision
401(k)
Flexible spending and health savings accounts
Short and long-term disability
Life insurance
Other unique employer-sponsored and voluntary programs
Generous paid time off policy
Paid family leave benefit
Paid holiday time

Company

USI Insurance Services

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USI Insurance Services is an insurance brokerage and consulting firm that delivers diversified insurance and financial services.

Funding

Current Stage
Late Stage
Total Funding
$1B
Key Investors
Kohlberg Kravis Roberts
2023-09-11Private Equity· $1B
2017-03-17Secondary Market
2017-03-17Acquired

Leadership Team

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Stew Gibson
Senior Vice President and Chief Information Officer
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Dave Petno
Vice President, Employee Benefits Consultant
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Company data provided by crunchbase