Acadia Insurance (a Berkley Company) · 13 hours ago
Underwriting Analyst
US-NJ-Hamilton Square
Full-time
Hybrid
Entry, Mid Level
$25.64/hr - $30.77/hr
2+ years expBerkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. The Underwriting Analyst position is for an experienced individual who will set up new and renewal prospects for Captive Underwriters and perform necessary underwriting functions.
Commercial InsuranceInsurance
No H1B
Responsibilities
Knowledge of Stop Loss market and associated terms
Review RFP’s an underwriting files to ensure the data is complete an accurate
Input employer stop loss characteristics such as benefits, census, large claim information and aggregate claim assessment into David Young system
Maintain quote qualifications and competitive rates
Prepare and distribute renewal letter notifications
Participate in Captive renewal calls and biweekly Underwriting meetings
Maintain renewal spreadsheet for assigned Underwriter(s)
Ability to manage, maintain and handle assignments as warranted
Accurately document files
Sold case preparation and issuance of applications
Qualification
Required
High School Diploma
Minimum of 2+ Years working in a stop loss environment
Experience and knowledge of David Young Underwriting System
Comprehensive knowledge of available employer Stop Loss products, including contract terms and RFP data interpretation
Proven track record of developing, managing and underwriting a profitable block of business
Strong mathematical background
Ability to handle large volume of work efficiently and correctly with limited errors
Excellent communication skills with internal and external customers
Ability to be productive independently, yet work in a team environment
Strong organizational, planning, and time management skills
Preferred
Knowledge of Stop Loss market and associated terms
Review RFP's and underwriting files to ensure the data is complete and accurate
Input employer stop loss characteristics such as benefits, census, large claim information and aggregate claim assessment into David Young system
Maintain quote qualifications and competitive rates
Prepare and distribute renewal letter notifications
Participate in Captive renewal calls and biweekly Underwriting meetings
Maintain renewal spreadsheet for assigned Underwriter(s)
Ability to manage, maintain and handle assignments as warranted
Accurately document files
Sold case preparation and issuance of applications
Creativity and problem-solving skills a plus
Benefits
Health
Dental
Vision
Life
Disability
Wellness
Paid Time Off
401(k)
Generous Profit-Sharing plans
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Simone Grimes, CPA, MBA
Chief Financial Officer
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
Company data provided by crunchbase