Underwriter

Responsibilities

• Oversee and audit underwriter file handling, risk evaluation and processing activities to ensure adherence to underwriting guidelines, authority and regulatory requirements
• Conduct file reviews and program audits to analyze underwriting quality and compliance with established standards and regulatory requirements
• Monitor portfolio performance, including profitability, loss ratios and underwriting quality across delegated authority, and applicable state regulations
• Identify trends, process breakdowns, and control gaps, and document audit findings, key risks and observations
• Provide recommendations for corrective actions and process improvements and track remediation efforts through completion
• Oversee MGA handling of department complaints and rescission activity, including review and approval/declination of responses and determinations to ensure compliance with regulatory requirements and company standards
• Support internal audits, regulatory exams, and compliance initiatives by providing documentation, underwriting rationale, and subject matter expertise
• Collaborate cross-functionally, as needed, to address identified issues and support process improvement
• Maintain thorough documentation of audit activities, findings, and follow-up actions
• Stay current of regulatory requirements, underwriting practices, and industry trends
• Participate in training and professional development activities to continuously enhance underwriting knowledge, and technical expertise

Qualifications

• Must-Have: 5+ years of residential insurance underwriting experience.
• Bachelor’s degree in business, finance, insurance, or a related field.
• Advanced proficiency in Microsoft Excel.

Preferred

• Industry certifications (e.g., CPCU, AINS, AU) are a plus.

Pay

The annual gross salary range associated with this posting is $55,200 - $120,330. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit sharing opportunities, and more.

Schedule

This role works a hybrid schedule that requires working from the office Monday through Wednesday, with the option of working Thursday and Friday remotely.