Underwriting Specialist
About the role
The Underwriting Specialist at Oxford Risk Management Group will analyze property and casualty insurance policies, review loss runs and claims history, and provide comprehensive underwriting services. This role requires strong communication, organizational, and analytical skills, as well as the ability to work independently and manage multiple tasks.
Responsibilities
- Analyze P&C Insurance policies for completion and identify gaps in coverage
- Analyze loss runs/claims history and propose appropriate terms & conditions as necessary
- Complete commercial policy intake forms
- Conduct underwriting calls with clients to discuss uninsured or underinsured risks and obtain appropriate data for actuarial pricing
- Review policy renewal information, develop and underwrite a renewal position, and provide a quote summary with supporting documentation to be approved for sign-off
- Submit case files for risk analysis reporting and actuarial pricing
- Review large amounts of information and raw data for accuracy
- Send underwriting documents to clients to support suggested eligible coverages for current policy year
- Explain definitions of Oxford’s various lines of coverages
- Review and coordinate with the Claims Department for underwriting sign-off
Requirements
- Bachelor’s degree required
- 5+ years of underwriting experience required
- 2+ years of experience reviewing commercial property & casualty policies & servicing claims required
- P&C license or industry designation preferred
- P&C background reviewing policies to ensure complete files and identifying gaps in coverage
- Demonstrated proactive approaches to problem-solving with strong decision-making capabilities
- Highly resourceful team-player, with the ability to also be extremely effective independently
- Captive insurance experience is preferred
Qualifications
- Regularly sit, hear, and reach with hands and arms
- Occasionally stand and walk
- Must regularly lift and/or move up to 10 pounds
- Close vision and ability to adjust focus required
- Work environment is usually moderate to loud, with occasional travel
Benefits
Oxford Risk Management Group offers a competitive compensation package including a pay range of $51,800 - $85,000 annually, along with benefits that may include health insurance, retirement plans, and professional development opportunities.
Schedule
The schedule for this role is typically full-time, with occasional evening and weekend work as needed.
Skills
The ideal candidate will possess strong communication, organizational, and analytical skills, as well as the ability to work independently and manage multiple tasks. They should also have a high level of creativity and enjoy working within a small, entrepreneurial environment.
Benefits
While not detailed in the job posting, benefits may include health insurance, retirement plans, and professional development opportunities.
Pay
The pay range for this role is $51,800 - $85,000 annually, reflecting the company's commitment to fair compensation based on experience and qualifications.
Company Information
Risk Strategies is the 9th largest privately held U.S. brokerage firm, offering comprehensive risk management advice, insurance, and reinsurance placement for property & casualty, employee benefits, private client services, consulting services, and financial & wealth solutions. With over 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. The company is an Accession Risk Management Group company, with over 200 offices and more than 5,000 employees across the U.S. and Canada. Risk Strategies is committed to environmental, social, and governance (ESG) initiatives and is recognized as a Great Place to Work, Best Places to Work in Insurance, and a Fast-Growing Company on the Inc. 5000 list.
Equal Opportunity Employer
One80 Intermediaries is an equal opportunity employer and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or other legally protected characteristics.