AIPSO · 6 days ago
Commercial Assistant Underwriter/Commercial Underwriter/Sr Commercial Underwriter
Johnston, RI
Full-time
Onsite
Senior Level
$48K/yr - $110K/yr
5+ years expAIPSO is a management organization and service provider for various insurance industry groups responsible for administering the residual market. The role involves providing oversight and leadership in underwriting activities, ensuring compliance with state procedures, and offering technical support and training to staff.
Financial ServicesInsuranceProject Management
Responsibilities
Provide oversight of underwriting and rating activities for placement of eligible risks in various State Commercial Auto Plans
Offer technical support to staff performing complex underwriting duties in accordance with State Commercial Auto Plan procedures
Provide leadership and expertise to underwrite the largest and most complex policy applications, renewals, policy changes, and cancellations to determine risk acceptability and coverage
Perform customer service functions to include response to more complex telephone inquiries. Including inquiries and complaints from insured’s producers, companies, and insurance departments
Determine and compile rating criteria (CASP Inspections, premium audits, MVR, questionnaire, and other information sources) to maximize premium
Review underwriting guidelines and procedures and provides final approval
Coordinate all underwriting related activity with other related departments
Perform underwriting quality control reviews, maintain quality performance reports
Interpret Plan rules to Producers, insureds, and companies where necessary
Coordinate and conduct training of staff and other personnel
Qualification
Required
Bachelor's degree (BA/BS) from a four-year college or university with supplementary insurance education preferred
5 or more years of commercial underwriting experience, including commercial auto garage and truckers
Proficient in the use of Microsoft Office productivity tools (e.g., Outlook, Word, Teams) to manage work
Advanced skills using Microsoft excel for analysis and reporting
Effective problem-solving skills, including ability to analyze complex issues, find the root cause of the problem and consider a wide range of alternatives before acting and applying to appropriate processing systems
Demonstrate strong verbal and written communication skills, including ability to effectively present information and respond to questions from groups or individuals
Ability to multi-task and demonstrate flexibility while maintaining attention to detail
Demonstrate excellent organizational skills
Ability to work independently and interact professionally and effectively in a cross functional team environment
Preferred
CPCU or other insurance designations and /or additional appropriate experience may be considered in lieu of a degree
Previous experience and knowledge of residual market automobile insurances plan rules and regulations preferred
Familiarity with formalized project management methodology is a plus
Knowledge of insurance industry, particularly the residual market automobile insurance industry preferred
Company
AIPSO
AIPSO is a non-profit management organization that provides services to the insurance industry in administering the residual market.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Frank Pensabene
Senior Vice President & COO
Recent News
2022-05-28
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