Underwriter - FirePlus - Remote
K2 Insurance Services · United States · Yesterday
RemoteRemoteFinanceFull-time
About the role
This is a remote role for the qualified candidate.
Responsibilities
- Works with FirePlus Underwriters to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets;
- Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined;
- Analyze loss runs and calculate loss ratios. This skill set needs to be used when underwriting and quoting new business and renewals;
- Prepare referrals on accounts outside of their authority and send to FirePlus - Vice President for review and approval for release or submission to Company;
- Achieve new business hit ratio and retention goals;
- Aid in technical training to new underwriting team members to ensure that all risks conform to APR underwriting guidelines and file documentation requirements;
- Coordinate with UW Support to issue error free policies and endorsements. Review and analyze complex policies;
- Participate in new business development in accordance with the Program’s business plan;
- Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances;
- Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills;
- Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities;
- Work toward becoming a subject matter expert regarding primary public entity coverage and emerging issues in the public entity segment.
Requirements
- Excellent written, verbal, and interpersonal skills;
- Strong analytical skills;
- Solid computer skills and ability to independently use Microsoft Office Products (Word, Excel, etc.);
- Strong negotiation skills combined with the ability to close new business opportunities;
- Flexibility for extensive work hours during the peak business periods of April 1st thru July 15th, and October 1st thru December 15th;
- Flexibility for 0%-10% business travel.
Qualifications
- Bachelor’s Degree, in Business, a related field, or equivalent education required preferred;
- CPCU or ARM, or AU designations helpful;
- 3 or more years insurance underwriting experience required, with some experience in Public Entity related segment preferred.
Pay
$60,000 - $75,000 yearly salary.