Jobs · Finance · California

Middle Market Underwriting Specialist

Sentry · Irvine, CA · 2 wk ago
Finance$99k–$148k/yrFull-time

About the role

This role involves applying Underwriting policies, philosophy, and procedures to evaluate the acceptability of submitted business. Positions in this role can be filled at either an Underwriting Specialist or Senior Underwriting Specialist level.

Responsibilities

  • Work closely with agency partners and internal sales partners to obtain information needed to properly underwrite, price, and program individual policies/accounts.
  • Through the use of manuals, established procedures, and information collected, works on the more complex underwriting assignments.
  • Refer business outside of authority limit.
  • Responsible for underwriting of the more complex, larger accounts.
  • Evaluate established procedures for effectiveness and recommends change.
  • Work closely with other business product functions to ensure service and quality objectives are met.
  • These units include rating, general services, audit, safety sciences, customer accounting, and customer service.
  • Demonstrate an understanding of the insurance marketplace, and emerging industry issues.
  • Train other underwriters, give presentations, and conduct training on underwriting procedures.

Requirements

  • Bachelor’s degree or equivalent work experience.
  • 5+ years of related work experience.
  • Previous insurance underwriting experience, middle market underwriting experience in construction, manufacturing, wholesale, real estate, and service industries is preferred.
  • Completion or in the process of taking insurance courses such as IIA and CPCU preferred.
  • Demonstrated knowledge of specific product line insurance concepts and terminology.
  • Comprehensive knowledge of reinsurance procedures.
  • Effective analytical, human relations, and communication skills.
  • Limited travel.

Qualifications

  • Bachelor’s degree or equivalent work experience.
  • 5+ years of related work experience.
  • Previous insurance underwriting experience, middle market underwriting experience in construction, manufacturing, wholesale, real estate, and service industries is preferred.
  • Completion or in the process of taking insurance courses such as IIA and CPCU preferred.
  • Demonstrated knowledge of specific product line insurance concepts and terminology.
  • Comprehensive knowledge of reinsurance procedures.
  • Effective analytical, human relations, and communication skills.
  • Limited travel.

Skills

  • Understanding of the insurance marketplace and emerging industry issues.
  • Training and teaching others on underwriting procedures.

Benefits

  • 401(k) plan with a dollar for dollar match on your first eight percent, plus immediate vesting.
  • Sentry University (SentryU) and Tuition Reimbursement program for continued education.
  • Generous Paid-Time Off plan.
  • Group Medical, Dental, Vision, Life insurance, Parental leave, and Health and Wellness benefits.
  • Well-being and Employee Assistance programs.
  • Sentry Foundation gift matching program for charitable giving.

Pay

  • In the state of California, at an Underwriting Specialist level, based on qualifications and experience the range for annual compensation for this position is between $98,900 - $148,300.
  • In the state of California, at an Underwriting Specialist Senior level, based on qualifications and experience the range for annual compensation for this position is between $119,600 - $179,400.

Schedule

  • Sentry offers a flexible Hybrid work model, allowing employees to work from home on Mondays and Fridays if desired, while working in the office on Tuesdays through Thursdays.

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