Sr. Renewal Underwriter (Remote)

Responsibilities

• Evaluate and process insurance renewals
• Demonstrate functional technical knowledge of underwriting concepts, practices, procedures and techniques
• Manage relationships with assigned producers to manage submission, quote and bind activity and deliver on service commitments established by the designated Service Level Agreement (SLA)
• Manage agency relationships which includes creating, driving and execution of strategies for renewal accounts (prospective book management, executes on the mix strategy, low strategy, territorial and agency sales plans, etc.)
• Ensure underwriting quality and profitability through application of the appropriate level of underwriting analysis based on risk complexity to accept, decline, modify, or rate and quote accounts
• Underwrite and skillfully negotiate accounts to minimize risk and maximize profitability
• Underwrites within individual authority level
• Review and assess renewal applications to determine the risk and eligibility of clients
• Generate quote proposals and deliver to producers; negotiate final terms leading to binding
• Utilize underwriting guidelines and actuarial data to assess risk levels
• Make recommendations on coverage terms, conditions, and pricing
• Ensure timely processing of renewal policies
• Prepare policy documents, endorsements, and provide instructions for policy issuance
• Handle endorsement requests to ensure timely processing
• Work closely with other underwriters, claims adjusters, and risk management teams to ensure comprehensive coverage solutions for clients
• Adhere to all regulatory and compliance requirements
• Maintain accurate records and documentation
• Stay updated on industry trends, regulatory changes, and best practices
• Participate in ongoing training and professional development
• Assist and/or mentor other members of the department including underwriters, assistant underwriters, and Operations team members as warranted

Qualifications

• Four-year college degree or equivalent relevant experience
• Minimum of 7 years of multi-line underwriting experience, preferably in Human Services
• Knowledge of insurance rating, structure, forms, and coverages
• Ability to maintain confidential information
• Strong interpersonal, presentation and negotiation skills to include the ability to affirmatively close sales
• Exceptional verbal and written communication skills
• Strong decision-making skills
• Strong PC and keyboarding skills, including working with MS Excel, Word and PowerPoint
• Valid driver’s license and safe driving record required

Benefits

• Base Salary Range: $85k-$125k
• Benefits include Health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans

Additional Company Details

• The Company is an equal employment opportunity employer.
• We do not accept unsolicited resumes from third party recruiting agencies or firms.