Senior Underwriter (Workers Comp)

Position Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals.
• Use level of authority to accept, reject, or mitigate risk for applications.
• Average coverage and prepare referral submission for risks exceeding individual authority.
• Review and analyze risk characteristics on insurance applications, renewals, and change requests.
• Ensure that underwriting activities comply with all industry and government regulations.
• Documentation of Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards.
• Offer recommendations to clients on insurance applications to reduce exposure to excessive risk.
• Utilize underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages.
• Cultivate relationships with assigned producers to achieve production goals.
• Collaborate closely with the underwriting team to finalize insurance applications efficiently.
• Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing.
• Respond to customer needs, providing guidance and assistance tailored to their insurance needs.
• Recommend ideas for program development and process improvement.
• Aid in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships.

Minimum Qualifications

• Bachelor’s degree required or 10+ years of related experience.
• Minimum 5 years of Workers Compensation underwriting or related insurance experience required.
• Experience underwriting risk for the following classes: construction, hospitality, real estate, manufacturing.
• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus.
• Strong customer service experience.
• Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software.
• Ability to work collaboratively with team members and other departments.
• Strong desire to learn, explore new ideas, and seeking out new knowledge.
• Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities.