Excess Flood Underwriter

About the Role

SWBC is seeking a talented individual to underwrite all Excess Flood policies and monitor aggregate limits. As an Excess Flood Underwriter, you will use critical thinking skills to offer competitive quotes, work with insurance agents, brokers, and carriers to verify information, and handle a variety of work functions daily. You will monitor aggregate coverage limits, evaluate new business quote submissions, and provide quotes as appropriate, helping you become a subject matter expert in Excess Flood while protecting the interests of SWBC and its clients.

Essential Duties

• Evaluates all Excess Flood quote submissions and provides quotes as appropriate
• Processes all renewal Excess Flood quotes in advance of policy renewal dates and forward to independent provider agents
• Verifies agent property-casualty or surplus lines licensing
• Monitors Excess Flood coverage aggregates, coverage limit aggregate, flood zone aggregate, and Excess Flood premium regularly to comply with Excess binding authority
• Processes agent billing and monitors to ensure timely payments
• Maintains all Excess Flood policy files
• Evaluates all NPC and CBRS quote submissions and provides quotes as appropriate
• Performs NPC and CBRS policy setup on system and monthly Bordereaux reporting
• Evaluates and submits requests for open market quotes and forward quotes to agents
• Reviews and approves all open market debit notes, cover notes and policies prior to release

Qualifications

• Bachelor's degree in business administration or equivalent work experience
• At least five (5) years P&C insurance, customer service, or related experience
• Excellent organizational and analytical skills
• Excellent written and verbal communication skills
• Strong working knowledge of word processing and spreadsheets
• Ability to work independently
• Possess P&C Insurance license
• Lifting 10-20 lbs. of files and/or boxes

Benefits

• Competitive overall compensation package
• Work/Life balance
• Employee engagement activities and recognition awards
• Years of Service awards
• Career enhancement and growth opportunities
• Leadership Academy and Mentor Program
• Continuing education and career certifications
• Variety of healthcare coverage options
• Traditional and Roth 401(k) retirement plans
• Lucrative Wellness Program