Workers Compensation Underwriter

For almost 30 years, PrestigePEO has partnered with brokers and business owners to deliver comprehensive workforce solutions that simplify HR, control costs, and support employee success.

As a full-service Professional Employer Organization (PEO), we provide integrated HR services, employee benefits, payroll administration, workers’ compensation, compliance guidance, retirement solutions, and advanced HR technology through our co-employment model. This approach gives businesses access to large group purchasing power, experienced HR expertise, and scalable infrastructure typically reserved for larger organizations.

Working alongside broker partners, PrestigePEO helps businesses build stronger teams, remain compliant in complex regulatory environments, and focus on sustainable growth.

As a Workers’ Compensation Underwriter at PrestigePEO you’ll be responsible for evaluating and pricing workers’ compensation risk across a diverse portfolio of client companies. You’ll partner closely with sales, implementation, and carrier partners to ensure profitability, compliance, and sustainable growth within the PEO’s workers’ compensation program.

This role combines technical underwriting expertise with relationship management, requiring a keen eye for detail, strong analytical ability, and a collaborative mindset.

• Risk Assessment:
  Evaluate potential and existing client companies for workers’ compensation risk exposure, including industry classification, loss history, claims trends, and safety programs.
• Pricing & Quoting:
  Develop and recommend pricing based on risk characteristics, experience modifications, and underwriting guidelines.
• Carrier Liaison:
  Collaborate with carrier partners to obtain terms, negotiate renewals, and ensure alignment with carrier appetite and underwriting requirements.
• Compliance & Documentation:
  Ensure adherence to state regulations, rating bureau rules (NCCI, WCIRB, etc.), and company underwriting policies.
• Collaboration:
  
  Work with internal teams (Sales, Risk, HR, Finance, Claims) to evaluate new business opportunities and provide underwriting guidance during the client onboarding process.
• Reporting & Analytics:
  Maintain accurate underwriting records, prepare performance reports, and participate in audits or internal reviews.
• Continuous Improvement:
  Recommend enhancements to underwriting processes, risk selection criteria, and technology tools to increase efficiency and profitability.

Required:

• Bachelor’s degree in Business, Finance, Risk Management, a related field, or equivalent industry experience
• Minimum of 2 years of experience in commercial or PEO workers’ compensation underwriting.
• Intermediate knowledge of workers’ compensation class codes, rating methodologies, and experience mod factors.
• Working knowledge of NCCI and independent bureau state websites to research class codes, classification rules and experience rating mods.
• Familiarity with multi-state underwriting and regulatory requirements.
• Advanced proficiency in Excel and underwriting/rating software.
• Strong analytical and quantitative skills, including the ability to evaluate policies, calculate cost rates, and analyze payroll and loss data to support underwriting decisions.

• Analytical and detail-oriented
• Strong negotiation and communication skills
• Ability to manage competing priorities and tight deadlines
• Collaborative and adaptable in a fast-paced PEO environment
• Commitment to underwriting integrity and profitability

Salary range based on experience up to $100K. This position is hybrid: 3 days in the office, 2 days work from home.