Commercial Underwriting Analyst

• Review and analyze internal and external investigations, inspections and statuses to ensure rating and premium value integrity
• Review information, initiate policy adjustments for commercial product lines and tabulate results
• Compare rating characteristics of specific accounts and formulate actions to comply with underwriting rules and procedures
• Provide advanced technical and product information in response to questions and inquiries
• Attend required training
• Correspond with and maintain professional relationships with agents and producers
• Explain reasons for policy adjustments
• Update rating criteria on affected policies
• Complete activity sheets for monthly reports and calculate premiums recovered to assess revenue impact of inappropriate ratings
• Underwrite and process renewals and endorsements within authority level
• Work with underwriters, senior underwriters and/or supervisors when matters exceed authority level

• High School diploma or equivalent
• Two years insurance experience reviewing claims for possible changes in rating or acceptability status
• Experience analyzing insurance needs and determining appropriate levels of coverage
• Experience working with various commercial insurance product lines
• Experience investigating and validating proper rating
• Knowledge of company underwriting policies, procedures and practices
• Knowledge of inspection techniques related to commercial insurance
• Ability to communicate effectively with others
• Ability to present complex information clearly and concisely
• Ability to access and work with rate account information on a computer terminal
• Ability to review new or renewal commercial insurance accounts to determine appropriate rating classifications
• Ability to work within a team environment
• Must consent to a background and drug screen if offered employment
• Preferred: college-level coursework in Business Administration or a related field
• Preferred: CPCU, IIA, CIC or other insurance-related coursework

Demonstrates expertise in analyzing insurance needs, underwriting policies, and maintaining compliance with commercial insurance standards. Proficient in communicating complex information clearly and effectively while collaborating within a team environment.

• Insurance Experience
• Commercial Insurance Product Lines
• Underwriting Policies and Procedures
• Rating Analysis and Adjustments
• Effective Communication

• Claims Review
• Policy Adjustments
• Rating Characteristics Analysis
• Premium Calculation
• Renewal Processing
• Inspection Techniques
• Rate Account Information Management
• Commercial Insurance Underwriting

• Team Collaboration
• Clear Communication
• Professional Relationship Management

• CPCU
• IIA
• CIC

• Insurance
• Underwriting
• Commercial Insurance
• Rating Integrity
• Policy Compliance

• Computer Terminal Access