Underwriting Analyst

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Enter New Submissions in the clearance system and handle according to established procedures.
2. Prepare and model new and renewal business as directed and supervised by an Underwriter.
3. Review policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes, as needed.
4. Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).
5. Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.
6. Produce cancellation and non-renewal notices according to statutory and contractual requirements under the direction of assigned Underwriter.
7. Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.
8. Maintain pending/suspense system per established procedures.
9. Maintain account files in accordance with company policy.
10. Perform other duties as assigned.

QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. College degree with a concentration in business or equivalent work experience
2. Able to understand and analyze necessary components of insurance policies/certificates
3. Strong knowledge of underwriting processes, including classification principles, rating, contract administration, proposal/new business/renewal issuance and property valuations
4. Knowledge of commercial multi-line underwriting and rating
5. Ability to use company automation systems
6. Ability to develop, foster and maintain an excellent working relationship with clients
7. Ability to work in a team environment
8. Ability to maintain current knowledge of the insurance industry
9. Good written and verbal skills
10. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
11. Ability to travel, occasionally overnight

Preferred Qualifications:
1. Insurance experience
2. State-specific insurance license
3. Ability to work extended hours, when necessary