Associate Underwriter

Job Title: Associate Underwriter 

Department: Underwriting 

Reports To: Underwriting Manager 

The Associate Underwriter will be responsible for assignment of organizational assets within a defined authority level. This responsibility will include evaluation, selection, acceptance, declination, pricing and servicing of workers' compensation renewal accounts. The Associate Underwriter will be assigned to a Underwriting group. The position will assist in the acquisition and retention of profitable workers' compensation policies through specialized processing and support. This role will support the development and maintenance of productive agency relationships through accurate and timely communication.

Essential Functions:  

• Analyze and organize underwriting information in preparation for quote issuance and policy maintenance
• Appropriately select risk based on the organizations underwriting risk appetite
• Document justification for underwriting direction
• Analyze and manage policies to ensure company renewal written premium, loss ratio, submission and service objectives are achieved
• Utilize the appropriate communication tools and groups to provide timely and professional communication to clients
• Assist the team through servicing accounts - processing endorsements, cancellations, and re-writes

Requirements:

Education:

Bachelor's or Associate degree from an accredited college/university in business or related field.

Experience:

Two to four years of Property and Casualty insurance experience preferred.

Required Skills/Abilities:

• Knowledge of insurance industry; workers' compensation experience preferred
• Knowledge of underwriting concepts, practices, and procedures
• Excellent communication skills, including experience with negotiation and sales
• Strong writing skills with ability to clearly communicate underwriting decisions
• Demonstrated ability to confidently accept appropriate risk
• Significant attention to detail
• Experience reviewing financial statements and ratios associated with risk analysis
• Proven organizational, prioritization and multi-tasking ability
• Proven ability to manage high volume production environment

Demonstrated proficiency in:

• MS Office (Word, Excel, PowerPoint, Outlook)
• ARM, CIC, AU designation preferred