Apply on Employer Site

Allstate · 2 days ago

Underwriting Consultant II - Flood Product

United States

Full-time

Remote

Mid Level

$54K/yr - $78K/yr

National General, part of The Allstate Corporation, is seeking a detail-oriented Flood Underwriter to evaluate, price, and manage flood insurance risks. The role involves making informed underwriting decisions based on complex data analysis and collaborating with internal teams and external partners to provide high-level service.

BankingFinanceFinancial ServicesInsuranceInsurTechVenture Capital

No H1B

Responsibilities

Evaluate and underwrite flood insurance submissions in accordance with underwriting guidelines, authority levels, and regulatory requirements

Apply critical thinking and analytical reasoning to assess flood risk, including property characteristics, flood zones, elevation data, loss history, and catastrophe modeling

Interpret flood maps, elevation certificates, engineering reports, and third-party data to identify risk factors and coverage implications

Make independent underwriting decisions, including pricing, coverage terms, limits, deductibles, and exclusions

Identify potential accumulation and aggregation concerns and escalate complex risks as needed

Collaborate with brokers, agents, and internal stakeholders to clarify exposure details and negotiate terms

Maintain accurate documentation of underwriting decisions and rationale

Monitor portfolio performance, loss trends, and market conditions to recommend underwriting adjustments

Ensure compliance with all applicable regulations, internal controls, and underwriting standards

Contribute to continuous improvement of underwriting guidelines, processes, and risk selection strategies

Qualification

Flood risk assessmentUnderwriting guidelinesAnalytical reasoningRegulatory complianceCritical thinkingCollaborationDocumentationNegotiation

Required

Detail-oriented

Strong critical thinking skills

Sound judgment

Ability to analyze complex data, exposures, and coverage structures