Essential Job Functions and Responsibilities

• Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.

• Analyzes risk data to make informed decisions on coverage, pricing, and terms.

• Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.

• Orders and reviews additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.

• Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.

• Evaluates existing policies for potential renewal or modification.

• Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.

• Stays updated on industry trends, regulatory changes, and market conditions.

• Develops and maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.

• Interprets, explains, and markets products and services.

• Performs other duties as assigned. 

Job Requirements

• Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.

• Generally, 5+ years of experience in Underwriting or a related field. Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM).

• Excellent interpersonal and communication skills. Demonstrates strong analytical skills with attention to detail.

• Position requires occasional travel.