Applies Underwriting policy, philosophy and procedures to evaluate the acceptability of submitted business.
Based on qualifications and experience, this position can be filled at either an Underwriting Specialist or Senior Underwriting Specialist level.
What You'll DoIn this role, you will:
- Work closely with agency partners and internal sales partners to obtain information needed to properly underwrite, price, and program individual policies/accounts.
- Through the use of manuals, established procedures, and information collected works on the more complex underwriting assignments. Refer business outside of authority limit.
- Responsible for underwriting of the more complex, larger accounts.
- Evaluate established procedures for effectiveness and recommends change.
- Work closely with other business products functions to ensure service and quality objectives are met. These units include rating, general services, audit, safety sciences, customer accounting and customer service.
- Demonstrate an understanding of the insurance marketplace, and emerging industry issues.
- Train other underwriters, give presentations and conduct training on underwriting procedures.
What it Takes- Bachelor's degree or equivalent work experience
- 5+ years of related work experience
- Previous insurance underwriting experience, middle market underwriting experience in construction, manufacturing, wholesale, real estate, and service industries is preferred
- Completion or in the process of taking insurance courses such as IIA and CPCU preferred
- Demonstrated knowledge of specific product line insurance concepts and terminology
- Comprehensive knowledge of reinsurance procedures
- Effective analytical, human relations, and communication skills
- Limited Travel
- In the state of Colorado, as an Underwriting Specialist, the range for annual compensation is between $90,600 - $136,000, based on qualifications and experience.
- In the state of Colorado, as an Underwriting Specialist Senior, the range for annual compensation is between $109,700 - $164,500, based on qualifications and experience.
Here is what you can look forward to as part of our team:At Sentry, your total rewards go beyond competitive compensation. We're committed to supporting the whole you, which is why we offer a comprehensive package designed to help you thrive both professionally and personally.
- Hybrid Flexibility: Enjoy the best of both worlds. With optional work from home on Mondays and Fridays and join your team in the office Tuesday through Thursday to collaborate and learn. We provide the technology and tools you need for both your office and home workspace from day one.
- Dining on Us: Depending on your location, we may provide a stipend that can be used at our on-site cafeteria or a meal allowance to keep you fueled.
- Continuous Learning: Unlock your potential through Sentry University and take advantage of our tuition reimbursement program.
- Comprehensive Benefits: We support your whole self with group medical, dental, and vision insurance along with parental leave, pet insurance, caregiver leave, and wellness resources. Options for HSA, FSA, and Dependent Care FSA are available.
- Work-Life Balance: Enjoy your generous Paid Time Off allowance to rest and take advantage of paid Volunteer Time Off to support your community.
- Investing in Your Future: We're committed to your long-term financial well-being. We offer a 100% company match on the first 8% you contribute to your 401(k) each pay period, and those funds vest immediately.
- Giving Back: Through the Sentry Foundation, we're proud to support the United Way and make a difference in our communities.
Joe Larsen
[email protected] Senior Talent Acquisition Specialist
