Job description

Summary

Reporting to the Underwriting Manager and operating within guidelines established in the NIAC / ANI underwriting manual, performs risk selection and pricing on renewals, new business and endorsements. Reviews renewal and new business quotes prior to issuance. Makes marketing calls to members and brokers on an as needed basis. This position requires a great deal of creativity and latitude. Makes some marketing calls to members and brokers on an as needed basis. The requirements listed below are representative of the knowledge, skill, and/or ability required but are not all inclusive. Prior experience working remote out of a home office is required for remote positions.

Responsibilities

The Underwriter I responsibilities include but are not limited to:

• Assess and price new business, renewals and endorsements according to guidelines and authority as outlined in the underwriting manual. Lines of business to underwrite include general liability, auto liability and physical damage, improper sexual conduct, liquor liability, employee benefits liability, umbrella, property and crime, social service professional liability, directors’ & officers, employment practices liability and accident
• Prepare the underwriting and rating work-up on all new business and renewal policies as assigned. Such work-up to include but is not limited to:
• Select and/or verify class code and premium base and rating exposure
• Calculate final premium including specialty charges (special events and additional insureds)
• Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk
• Determine coverage forms and necessary endorsements
• Effectively communicate to broker quote conditions
• Provide accurate documentation in the file and/or in electronic notes of underwriting thought process
• Ability to think outside of the box and develop solutions for our members that address their specific insurance needs
• A personal commitment to providing Inspired Service in every internal and external client engagement
• Provide customer service by responding promptly and courteously to all requests for information
• Ensure timely and accurate preparation for issuance of policies
• Effectively communicate company standards, mission, underwriting guidelines, and requirements to brokers and/or members
• Provide accurate documentation in the file and/or in electronic notes of underwriting thought process.
• Order/review inspection reports to assess risk quality and to confirm exposure base accuracy
• Actively manage assigned book of business. Responsible for achieving company renewal retention ratio goal and amount of new business written on a monthly basis in addition to company profitability goals
• Actively manage relationships with assigned brokers, customers and members.
• Ensure that information available from internal and external resources is properly integrated into underwriting decision making
• Ensure that referral guidelines are properly followed regarding all lines of business underwritten
• Provides training and mentoring for other members of the Insurance Operations team when required
• Miscellaneous tasks – Any and all assignments related to the insurance operations department as requested
• Some travel required

Required Skills

· The Associate Underwriter responsibilities include but are not limited to:

· Assess and price renewals, new business and endorsements according to guidelines outlined in the underwriting manual and within their authority level. Lines of business to underwrite include general liability, auto liability and physical damage, improper sexual conduct, liquor liability, employee benefits liability, umbrella, property and crime, social service professional liability, directors’ & officers, employment practices liability and accident.

· Prepare the underwriting and rating work-up on renewal policies and new business as assigned. Such work-up to include but is not limited to:

o Select and/or verify class code and premium base and rating exposure

o Calculate final premium including specialty charges (special events and additional insureds)

o Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk

o Determine coverage forms and necessary endorsements

o Effectively communicate to broker quote conditions

o Provide accurate documentation in the file and/or in electronic notes of underwriting thought process

· Ability to think outside of the box and develop solutions for our members that address their specific insurance needs

· A personal commitment to providing Inspired Service in every internal and external client engagement

· Provide customer service by responding promptly and courteously to all requests for information

· Ensure timely and accurate preparation for issuance of policies

· Effectively communicate company standards, mission, underwriting guidelines, and requirements to brokers and/or members

· Provide accurate documentation in the file and/or in electronic notes of underwriting thought process

· Order/review inspection reports to assess risk quality and to confirm exposure base accuracy

· Actively manage assigned book of business. Responsible for achieving company renewal retention ratio goal on a monthly basis in addition to company profitability goals

· Accurate and timely processing of endorsements

· Appropriately refer accounts exceeding authority level

· Actively manage relationships with assigned brokers, customers and members.

· Ensure that information available from internal and external resources is properly integrated into underwriting decision making

· Ensure that referral guidelines are properly followed regarding all lines of business underwritten

· Provides training and mentoring for other members of the Insurance Operations team when required

· Miscellaneous tasks – Any and all assignments related to the insurance operations department as requested

· Some travel required

Experience

• MUST HAVE 2-4 related work experience as COMMERCIAL Associate Underwriter or Commercial CSR or 5 years as an Underwriting Assistant/Support Specialist
• Experience in a multi-state and multi-line commercial insurance environment preferred
• Prior experience working remotely from a home office 100% of the time is required for remote positions

Education

• 4-year degree (or directly-related equivalent experience) preferred
• CIC, AU, AINS or comparable designations preferred

Job Type: Full-time

Pay: $47,253.67 - $70,000.00 per year

Schedule:

• 8 hour shift

Experience:

• Commercial Insurance Associate or Assistant Underwriting: 2 years (Required)

Work Location: Remote

jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.