Insurance Underwriter

Job Description

Join our insurance team as an Underwriter, where you will assess risk, provide quotes, and make final decisions regarding coverage. This role is essential for maintaining our reputation as a leader in the insurance market.

Responsibilities

• Evaluate insurance applications and calculate risk factors.
• Determine coverage and premiums for various types of insurance.
• Collaborate with agents to clarify underwriting requirements.
• Review insurance policies and endorsements for accuracy.
• Provide advice on risk management strategies.
• Ensure compliance with regulatory requirements in underwriting processes.
• Monitor and review existing policies to assess the risk profile.
• Assist in training junior underwriters and support staff.
• Conduct market research to stay updated on trends.
• Develop strong relationships with clients and brokers.

Requirements

Education

• Bachelor's degree in Finance, Business Administration or related field

Experience

• 3+ years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Insurance Policies Knowledge
• Attention to Detail

Soft Skills

• Analytical Thinking
• Communication Skills

Certifications

• Associate in Commercial Underwriting (AU)
• Chartered Insurance Institute (CII) Certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting automation tools: Familiarity with software that streamlines the underwriting process.
• Knowledge of legal and compliance issues: Understanding of laws affecting insurance underwriting practices.

Benefits

• Competitive salary and performance bonuses
• Health and dental insurance plans
• Retirement savings plans with employer contributions
• Opportunities for professional development and training

Company Culture

• Team Collaboration: Our team thrives on collaboration and inclusivity to drive innovation.
• Continuous Improvement: We believe in constant learning and improvement in our practices.
• Customer-First Approach: Commitment to delivering exceptional experiences for our clients.