Underwrite a book of business, employing the methods necessary to meet projected premium and profitability goals. Comply with divisional and corporate underwriting guidelines, administrative standards and customer service time standards.
Duties and Responsibilities:
Compliance with underwriting guidelines, systems and procedures
Perform general underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorizations
Work within authority and receive proper approval from manager as necessary.
Liaise with Claims Department on any specific claims activity and follow economic trends that potentially impact profitability
Adhere to any Internal Audit department procedures, achieve compliance with all underwriting and administrative guidelines
Conduct marketing meetings with brokers as directed by manager.
Attend client/broker meetings, lunches, dinners and other social outings as applicable.
Follow any treaty and facultative reinsurance protocols as required
Stay current with respect to major industry issues and developments
Provide specific reports as needed by senior management staff
Run reports
Interact with Underwriting, Claims, Actuarial, Legal, Compliance, and Marketing as needed in a professional and collegial manner.
Other duties as assigned
Requirements:
Solid Writing and Communication Skills
1-5 years underwriting experience preferred
College degree
Excellent organizational skills, time management skills and flexibility
Ability to work independently in a fast-paced, high pressure environment
Willingness to travel
Must be able to think, be willing to challenge ideas and be receptive to having their own ideas challenged and at the same time, be willing to follow and execute directives from management.
