Senior Underwriter

Hereford Insurance Company

$80K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in underwriting, preferably in for-hire or related industries.
  • Proficient in workers' compensation underwriting processes and guidelines.
  • Strong analytical skills for evaluating risk and determining coverage eligibility.
  • Excellent customer service abilities to interact with various stakeholders.
  • Computer literacy, specifically with underwriting software and data analysis tools.

Responsibilities

  • Provide support to Liability and Workers' Compensation departments.
  • Analyze drivers' history and accidents for coverage eligibility and premiums.
  • Conduct quality control for new and renewal policies as well as endorsements.
  • Audit policies for accuracy and completeness.
  • Maintain organized underwriting files.
  • Assist management in departmental projects and assignments.
  • Analyze new business applications and make informed decisions regarding coverage.

Benefits

  • Opportunities for professional development and training.
  • Supportive team environment.
  • Exposure to diverse aspects of the insurance underwriting process.
  • Potential for career advancement within the company.
Full Job Description
Job Description

  • Provide support to both the Liability and Workers' Compensation departments.
  • Analyze drivers' history and accidents to determine coverage eligibility and premiums.

  • Quality control of all new and renewal policies, as well as endorsements.
  • Audit policies for accuracy and completeness of information or the application.
  • Maintain underwriting files.
  • Assist the department manager and assistant manager in completing various projects as needed.
  • Analyze new business applications and endorsements and make decisions on all of them.


Essential Duties and Responsibilities:

Accurately and effectively complete your daily duties. Evaluate, analyze, and assess the risk to determine coverage eligibility and premiums. Using data to make informed decisions regarding risk. Managing renewals and reviewing new business submissions. Interacting with agents to gather information on the applicant.

Qualifications:

Career experience is a must, and for-hire industry exposure is a plus. Workers' compensation underwriting experience; strong underwriting and customer service skills. Computer literacy.

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