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Renewal Underwriter

extra holidays

Remote:

Full Remote

Contract:

Full time

Salary:

50 - 60K yearly

Experience:

Mid-level (2-5 years)

Work from:

United States

Offer summary

Qualifications:

Bachelor’s degree or insurance experience, 2 years as underwriting assistant preferred, Proficient with MS Office, 1-3 years' experience in field, PC State licensed.

Key responsabilities:

Review renewal insurance applications.
Examine documents to evaluate risk.
Assist sales and production processes.
Train department staff and processors.
Market and develop business relationships.

Brown & Brown Insurance Insurance XLarge http://www.bbinsurance.com/

10001 Employees

See more Brown & Brown Insurance offers

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined.

Our Hull & Company team seeks a Renewal Underwriter to join their team. This will be a remote from home opportunity paying between $50,000 and $ 60,000 plus bonus'.

Reviews renewal insurance applications to evaluate, classify, and rate individuals and groups for insurance and accepts or rejects applications by performing the following duties.

What You Will Do

Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property,
Confer with the department Leader before underwriting or brokering unusual or unfamiliar coverages or manuscript forms
Provide full assistance and support for the sales and production process in the dept,
Foster and improve relationships with other departments, producers, companies and competitors,
Provide guidance and training others in the dept., to enable them to reduce the underwriter’s clerical workload,
Instruct and train processors and assistants, review indications, quotes, binders, submissions and policies for completeness and accuracy,
Service and perpetuate existing business, and have a keen awareness of priorities,
See that coding on specific required forms are completed and utilized,
Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; and assist the dept. with overall underwriting results,
Together with the Underwriter/Broker will market and meet with retail agency customers to develop business and cultivate relationships to grow a book of business,
Assist the Underwriter/Broker with the review, analysis and underwriting of primarily renewal risks, as well as new business as directed, rate accounts for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies,
Underwrite or broker renewal accounts, ensuring that all required information is obtained per carrier guidelines, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws. Secure payments on risks bound or written,
Reviews company records to determine amount of insurance in force on single risk or group of closely related risks and evaluates possibility of losses due to catastrophe or excessive insurance.

What You'll Need

Bachelor’s degree (B. A.) from four-year college or university is desired or five years insurance experience, two years of which are as an underwriting assistant.
P&C State licensed.
Proficient with MS Office
Exceptional telephone demeanor
1-3 years’ experience with excess and surplus lines underwriting agency or company.

Preferred

Pursue the CIC or CPCU designation, thorough familiarity with applicable ISO manuals, forms, rating plans, policy forms i.e. coverages, exclusions, conditions, and terms.

What We Offer

Excellent growth and advancement opportunities
Competitive pay based on experience
Discretionary Time Off
Generous benefits package health, dental, vision, 401(k), etc.
Employee Stock Purchase Plan

Target Pay

$60,000.00 USD Annual

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.