Bridge Specialty Group · 3 hours ago

Renewal Underwriter

United States

Full-time

Remote

Entry, Mid Level

$50K/yr - $60K/yr

1+ years exp

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Responsibilities

Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property

Confer with the department Leader before underwriting or brokering unusual or unfamiliar coverages or manuscript forms

Provide full assistance and support for the sales and production process in the dept

Foster and improve relationships with other departments, producers, companies and competitors

Provide guidance and training others in the dept., to enable them to reduce the underwriter’s clerical workload

Instruct and train processors and assistants, review indications, quotes, binders, submissions and policies for completeness and accuracy

Service and perpetuate existing business, and have a keen awareness of priorities

See that coding on specific required forms are completed and utilized

Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; and assist the dept. with overall underwriting results

Together with the Underwriter/Broker will market and meet with retail agency customers to develop business and cultivate relationships to grow a book of business

Assist the Underwriter/Broker with the review, analysis and underwriting of primarily renewal risks, as well as new business as directed, rate accounts for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies

Underwrite or broker renewal accounts, ensuring that all required information is obtained per carrier guidelines, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws. Secure payments on risks bound or written

Reviews company records to determine amount of insurance in force on single risk or group of closely related risks and evaluates possibility of losses due to catastrophe or excessive insurance.

Qualification

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P&C State licensedExcessSurplus lines underwritingMS Office proficiencyCIC designationCPCU designationISO manuals familiarityExceptional telephone demeanorUnderwriting assistant experience

Required

Bachelor’s degree (B. A.) from four-year college or university is desired or five years insurance experience, two years of which are as an underwriting assistant.

P&C State licensed.

Proficient with MS Office

Exceptional telephone demeanor

1-3 years’ experience with excess and surplus lines underwriting agency or company.