Underwriter - State National

About the role

Responsible for independently analyzing financial information to forecast business, industry, and economic conditions relating to the insurance industry, for use in making financial decisions regarding risk and profitability of client accounts. Gather and analyze industry, regulatory, and economic information to analyze risk and make appropriate underwriting decisions. Interpret data concerning insurance products and pricing. Summarize data describing current and long-term trends in insurance risk and economic influences pertinent thereto. Recommend modifications to management's risk portfolio.

Responsibilities

• Create and communicate underwriting options to our client engagement and business development associates.
• Prepare forecasts and analyze trends through CPI (Collateral Protection Insurance) account analysis to provide relevant information to support recommendations for changes in rates for new business pricing and account underwriting.
• Provide relevant information to facilitate the implementation of efficient processes, controls, and follow-up for profitable improvement of active accounts through recommended rate increases/decreases, commission adjustments, and coverage changes.
• Analyze prospective clients' past history to develop rates for profitable new business.
• Maintain a complete knowledge of CPI rules, rates, and forms to ensure compliance in each account.
• Serve as a resource to the company regarding CPI rules, rates, and forms; provide assistance in the training of business development and client engagement associates to develop their knowledge of products.
• Direct the Compliance department on filing changes and priorities; review, analyze, and maintain records of commissions paid to active accounts; review and analyze requests by underwriting from the field for current accounts, and document in CRM, and make recommendations.
• Prepare and distribute various management reports.
• Complete special projects as assigned by management.
• Create option forms, build quotes, and assist business development in pre-delivery.

Requirements

• Bachelor's degree preferred
• 3 or more years of experience in the field or a related area recommended (accounting, finance, data analysis, underwriting)
• Detailed knowledge of specific underwriting criteria and premium computations by using spreadsheets and statistical software to analyze financial data, spot trends, and develop forecasts.
• A certain degree of creativity and latitude is required.
• The ability to independently make accurate underwriting decisions and analyze risk.
• Good communication skills.
• Advanced P/C skills in Word, and Excel.
• The ability to work autonomously and make decisions efficiently.

Qualifications

• Bachelor's degree preferred
• 3 or more years of experience in the field or a related area recommended (accounting, finance, data analysis, underwriting)
• Detailed knowledge of specific underwriting criteria and premium computations by using spreadsheets and statistical software to analyze financial data, spot trends, and develop forecasts.
• A certain degree of creativity and latitude is required.
• The ability to independently make accurate underwriting decisions and analyze risk.
• Good communication skills.
• Advanced P/C skills in Word, and Excel.
• The ability to work autonomously and make decisions efficiently.

Skills

• Advanced P/C skills in Word, and Excel.
• The ability to work autonomously and make decisions efficiently.

Benefits

• Competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life.
• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
• We offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Pay

Commensurate with experience.

Schedule

N/A