Associate Underwriter jobs in United States
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ICW Group · 5 hours ago

Associate Underwriter

ICW Group is a well-established insurance company with over 50 years in the industry, seeking an Associate Underwriter to join their team. The role focuses on supporting the Underwriting Department by evaluating risks, providing customer service, and establishing relationships with agents and brokers to achieve profitable Branch Underwriting results.

Financial ServicesInsurance
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Growth Opportunities
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Responsibilities

Advances knowledge of underwriting principles and processes
Successfully completes formal and on-the-job training provided by line of business management in specialty area of Underwriting
Demonstrates the ability to evaluate fundamental risk, make sound Underwriting decisions, and perform basic customer service and marketing activities
Works within established authority to underwrite less complex business and to effectively evaluate and price
Demonstrates and applies understanding of laws, rules, and regulations governing Underwriting business for specialty area
Demonstrates and applies knowledge of line of business procedures, guidelines, and Underwriting systems
Collaborates with other departments as appropriate including Claims and Risk Management to become familiar with standards, requirements, and reporting
Delivers superior customer service through the development of collaborative relationships
Responds to follow-up activities pertaining to policyholders including research, correspondence, data entry, updating files, tracking documentation and mailing
Responds to coverage inquiries of new business and policy changes involving moderate analysis and recommendations
Represents the department in cross-functional project teams as requested
Works with underwriter to establish collaborative relationships with agencies/producers to understand the external marketplace
Under supervision develops a profitable book of business
Sells and services a producer force that can sell and control a profitable and growing book of business
Drives profitable sale of the Company's products including increasing sales of existing products and introducing new products as they are developed
Attains a thorough knowledge of the geographic territory assigned regarding production sources, competitor activity, and economic and demographic idiosyncrasies
Accepts or rejects simple risks, evaluating all risk characteristics (operations, financials, management, employees, prior experience, etc.) as compared to the average in its class and price for profit within Company Underwriting guidelines

Qualification

Underwriting principlesRisk evaluationCustomer serviceBusiness degreeCommunication skills

Required

Bachelor's degree required with emphasis in Business, Accounting, Statistics or related field
Ability to service the Company's clients and maintain relationships with production sources
Ability to apply fundamental Underwriting concepts, practices, and procedures in area of specialization
Ability to read and interpret documents such as submissions, loss control reports, and standard policy form/endorsements
Ability to read and interpret documents such as safety rules, operating instructions, and procedure manuals
Ability to write routine reports and correspondence
Ability to speak effectively before groups of customers or employees of organization

Preferred

Minimum 1 year of experience as an Underwriting Assistant or related experience in Underwriting preferred

Benefits

Generous medical, dental, and vision plans
401K retirement plans and company match
Bonus potential for all positions
Paid Time Off
Paid holidays throughout the calendar year
Support you 100%

Company

ICW Group

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ICW Group Insurance Companies is a top-tier, national, multi-line Property & Casualty insurance company, providing comprehensive coverage to safeguard our customers’ world.

Funding

Current Stage
Late Stage

Leadership Team

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Rob deViere
Vice President, Head of Distribution & Marketing
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Iva Yuan
Chief Actuary, Head of Reserving, Pricing and Product
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Company data provided by crunchbase