Underwriter

Job Purpose

To handle a broad range of daily activities independently utilizing technical expertise and product knowledge. This role involves evaluating submissions, determining risk acceptability, pricing policies, and maintaining profitable underwriting results in accordance with company guidelines and program objectives.

Functions And Responsibilities

• Underwrite new and renewal business within assigned program(s), ensuring compliance with underwriting guidelines and profitability targets.
• Execute placement requests to modify coverage as needed.
• Issue policies in carrier management system.
• Participate in audits, training, and program reviews.
• Collaborate with internal team members to develop and maintain strong relationships.
• Monitor program performance and recommend adjustments to underwriting strategy as needed.
• Review and interpret actuarial data, loss history, and industry trends to inform underwriting decisions.
• Additional Underwriting duties as assigned.

Qualifications

• Four-year college degree preferred or equivalent work experience
• 1-3 years’ experience with a wholesale broker preferred
• Valid RI P&C Brokers License preferred
• Knowledge of all coverage lines
• Ability to execute and ensure compliance to all internal Quality Control procedures

Required Skills

• Excellent verbal and written communication skills
• Working knowledge with applications such as AS400 & ImageRight preferred
• Proficiency with Outlook, Excel, & Word is required
• Analytical mindset with attention to detail and problem-solving ability

Department

Underwriting

Required Experience

2-5 years of relevant experience

Required Travel

Negligible

Required Education

Bachelor's degree (4-year degree)