Underwriter III
Location:
NH - Portsmouth
Apply nowPG Underwriter III
General Descriptions:
Assess medium to large risks of a complex nature, develop and negotiate premium. Manage relationships with brokers and carriers in order to provide the appropriate insurance product to clients and generate profit in accordance with company goals.
Responsibilities:
- Underwrites and analyzes new and renewal accounts for the most complex assignments.
- Serves as a subject matter expert to review insurance coverages and policies.
- Assess the risk to determine the appropriate price, coverage and terms and conditions, as well as taking policy to completion with recommending and binding coverage, invoicing and policy issuance.
- Identifies the need, orders, and evaluates additional risk assessment information.
- Underwrites within defined broad limits and authority.
- Establishes underwriting policy and procedures as well as providing reports to management.
- Develops and maintains a working relationship with agencies and communicates effectively through broker negotiations to ensure new business flow and profitable production.
- May be responsible for training and coaching other underwriting team members
- Communicates with agents to obtain supplemental underwriting information.
- Analyze and rate endorsement requests.
- May require some travel for Educational Development or Client Relationship building
- Perform other job duties as assigned and participate in special projects as required.
Knowledge, Skills and Abilities:
- High school diploma or equivalent required.
- 5+ years underwriting experience.
- Knowledge of insurance industry.
- Good negotiating, written and verbal communication skills.
- Proficient in MS Office suite of products.
- Proficiency in utilizing company systems.
- Must have strong organizational and analytical skills with strong attention to detail and accuracy.
- Ability to travel 15% 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.
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