PG Underwriter I
Location:
IN - Indianapolis, NJ - Matawan
Apply nowGeneral Description: Assess risks of an intermediate nature, develop, and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance products to clients. Generate profit in accordance with company goals.
Responsibilities:
- Under limited supervision, analyze and determine the acceptability of risks. Includes evaluating the application, website, claims history, and file notes.
- 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 as needed.
- 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.
- 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.
- Assist manager in establishing underwriting policy and procedures.
- May require some travel for educational development or client relationship building.
Knowledge, Skills and Abilities:
- 3 years + underwriting experience.
- High school diploma or equivalent 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 and analytical skills with attention to detail and accuracy.
- Strong research skills to troubleshoot customer problems.
- Ability to travel 10% 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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