Underwriter, CT
Jimcor Agencies · Connecticut, United States · 6 mo ago
On-siteInformation TechnologyFull-time
Job Summary
Essential Duties and Responsibilities
- Reviews applications for insurance coverage, reports from loss control consultants and other information to determine if application is acceptable for the program(s) available
- Evaluate the experience of a risk against the class of business under review
- Evaluate the loss potential due to catastrophe, severity, and/or frequency
- May rate policies or check previously rated policies for proper rating
- Utilizes knowledge of automated systems to develop information for new or renewal policies
- Prepares quotations for agents and answers questions from agents, policyholder, or prospects
- Affords assistance to agents with comments or questions about applications and the likelihood of acceptance by the company
- Reviews requests for cancellation, endorsements, etc.
- Reviews policies for renewal consideration
- Requests additional documentation necessary for the processing of an application, endorsement or cancellation
- Conducts marketing visits to agents
Qualifications/Requirements
- Must have Producer’s License
- 3 plus years of insurance experience
- Prior exposure to insurance underwriting type activities
- Basic familiarity with computers
- Good oral and written communications skills
- Strong analytical skills and the ability to pay attention to details
- Resourceful and controlled assertive behavior characteristics
- Must have demonstrated negotiation skills
- Technical knowledge of insurance coverage forms and their application to exposure
- Knowledge of departmental regulations and policies
- Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices
- Strong interpersonal skills working with Staff and Company Underwriters
- Experience in standard underwriting practices and procedures
Benefits
We offer a total compensation package which includes salary plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Hybrid Work Schedule, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Wellness Program Including Mental Health Support and an Employee Assistance Program (EAP) and More.