Insurance Underwriter - Personal Lines


King Of Prussia, PA

Industry: Business Services


Less than 5 years

Posted 279 days ago

This job is no longer available.

Perform full range of policy underwriting functions related to personal lines of insurance: accept or decline risks; determine appropriate levels and terms for accepting risk; and prepare policies for issuance.


*** Serve as key liaison to agents: solicit information for quotes and give quotes; explain declined business; provide information related to policy and coverage options; and similar.


*** Map risks in coastal areas; request appropriate Comprehensive Loss Underwriting Exchange or Motor Vehicle Reports; and complete analysis.


*** Approve or decline risk and determine appropriate terms for accepting risks to include appropriate coverages, need for inspectionreports, corrective measures, and similar.


*** Review policy endorsements for completeness of information and acceptability of risk; accept and forward to service staff or decline; and notify agent of reasons.


*** For umbrella risks, review underlying coverage limits, company ratings, Motor Vehicle Report, and loss history to determine acceptability.


*** Order survey inspection when needed; review inspection results & initiate recommendations; and determine appropriate follow-up action.


*** Assess and process policy renewals.


*** Suggest changes to improve loss ratio and monitor potential problem policies and initiate cancellation.


*** Analyze cancellations that have been referred for approval. Approve and route to cancellation flow or request additional information needed.


*** Initiate company cancellations for non renewals and execute cancellation request.


*** Approve or decline reinstatement and rewrite policies cancelled for non payment. Reinstate policies set for cancellation, when appropriate.


*** Process midterm cancellations for non payment, increase in hazard, or similar reasons.


*** Assist Underwriting Supervisor with agency audits


*** Utilize Nable, Metaviewer, ImageRight, Riskmeter, and other underwriting tools.


High growth potential opportunity comes with an excellent compensation package, tuition reimbursement, bonuses, 401(k) plans, medical and dependent care plan, employee assistance program, generous paid vacation time, numerous professional growth opportunities, education assistance, and more!


Please reference #37832167 when responding.Education Requirements: Bachelor DegreeMinimum Experience Requirements: 2-5 yearsJob City Location: King of PrussiaJob State Location: PAJob Country Location: USA

$80K - $110K