Underwriter, Insurance

General Description: Assess risks of a less complex nature, develop, and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance product to clients. Generate profit in accordance with company goals.

Responsibilities:

• Under general supervision, review insurance policy applications. Includes review for completeness, accuracy, and acceptability of risks.
• Obtain supplementary information as needed to underwrite policy.
• Determine the desirability of accepting or rejecting risks within program guidelines.
• Coordinate risk assessment with Underwriting team.
• Underwrite and price exposures in accordance with filed and approved program rate levels and guidelines. Bring policy to completion with recommending and binding coverage, invoicing, and policy issuance.
• Identify the need, order, and evaluate additional risk assessment information.
• Communicate with agents to obtain supplemental underwriting information as needed.
• May issue policies and endorsement accurately and update Agency logs.
• Analyze and rate endorsement requests.
• Issue and track conditional/non-renewal notices and cancellations. Adhere to regulatory compliance.
• Maintain knowledge of policy terms and endorsements.
• May require some travel for educational development or client relationship building.

• 2 years underwriting assistant or rating experience.
• High school diploma or equivalent required.
• For direct client service/underwriting, Property & Casualty and/or appropriate business licensure is required.
• Broad knowledge of insurance industry.
• Ability to negotiate with strong mathematical skills.
• Strong written and verbal communication skills.
• Working knowledge of Microsoft Office suite of products.
• Proficiency in utilizing company systems.
• Strong organizational skills with attention to detail and accuracy.
• Research skills required to troubleshoot customer problems.
• Ability to travel 5% of the time.

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.