Sr Underwriting Analyst- MSI at Baldwin Risk Partners

Location: Remote

Department: Emerging Markets

Reports To: Senior Underwriter

About Us:

Millennial Specialty Insurance, LLC is one of the largest non-carrier-affiliated Managing General Agencies (MGAs) in the United States. Combining expert underwriting with industry-leading technology, MSI creates a superior insurance experience for carriers, distribution partners, and customers. MSI collaborates with insurance carriers to design and distribute products through agents, brokers, and technology partners. Founded in 2015, MSI has grown to offer a wide range of insurance products across commercial, specialty, and personal lines. In 2019, MSI joined The Baldwin Group (NASDAQ: BWIN).

Job Summary:

The Sr Underwriting Analyst is responsible for providing critical support to the underwriting team by ensuring the accuracy and completeness of submissions, augmenting data through third-party sources, and assisting senior underwriters in evaluating and quoting insurance risks. This role requires a keen eye for detail, strong analytical abilities, and effective communication skills to maintain relationships with agency partners and ensure efficient underwriting processes.

Key Responsibilities:

Submission Review: Ensure submissions from agency partners are complete and follow up on any missing or inaccurate information.

Data Accuracy: Validate and verify data provided by agency partners to ensure it meets the required standards for underwriting purposes.

Data Augmentation: Leverage third-party data sources to augment information provided by agency partners, enhancing the accuracy and completeness of underwriting files.

Underwriting Assistance: Support senior underwriters in underwriting and quoting business, analyzing risk factors, and providing input on decision-making as directed.

Agency Relations: Maintain effective communication and relationships with agency partners to ensure smooth submission and underwriting processes.

Documentation: Accurately document underwriting decisions, maintain organized records, and ensure compliance with regulatory and internal standards.

Process Improvement: Identify and suggest improvements to underwriting processes for greater efficiency and accuracy.

Required Qualifications:

• 1-3 years of experience in an underwriting, insurance, or financial services environment.
• Strong understanding of insurance principles, underwriting processes, and risk analysis.
• Familiarity with third-party data sources used for insurance underwriting.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and underwriting software.

Required Skills:

• Attention to Detail: Ability to thoroughly review and validate submissions and data for accuracy and completeness.
• Analytical Skills: Strong ability to analyze data, assess risks, and assist in underwriting decisions.
• Communication Skills: Excellent verbal and written communication skills for interacting with agency partners and internal teams.
• Time Management: Strong organizational skills and the ability to manage multiple tasks and deadlines efficiently.
• Team Collaboration: Ability to work effectively within a team and support senior underwriters in decision-making.

Preferred Qualifications:

• Experience working with insurance agency management systems or underwriting software.
• Prior experience in property and casualty underwriting.

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