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P393605 Inside Underwriter

Role overview

Qualifications

  • Bachelor's Degree or appropriate insurance designation
  • Three years of experience in underwriting or brokering ES or specialty insurance products
  • Must be licensed in corresponding areas of insurance
  • Ability to understand the client's needs and have knowledge of the risk profiles associated

Responsibilities

  • Manage the underwriting process ensuring adherence to carrier underwriting guidelines and CRC policies and procedures
  • Submit appropriate information to brokerage markets for accounts that do not fit binding authority markets
  • Make underwriting decisions and solve difficult underwriting and coverage problems for retail agencies
  • Solicit, market, quote, bind and confirm new and existing business

Key facts

Other skills

  • Customer Service
  • Relationship Management
  • Negotiation
  • Teamwork
  • Communication
  • Problem Solving

About the company

CRC Insurance Services logo

CRC Insurance Services

Insurance Brokerage & Agencies

CRC Group is one of the largest wholesale insurance distributors in the U.S. CRC Group consists of three divisions, Commercial Solutions, Group & Individual Solutions, and Specialty Programs. The CRC Group family of brands includes CRC, TAPCO, Insurisk, CRC Programs, 5Star, The ABC Program, Negley, Professional Insurance Concepts, Pro-Praxis, SHU, Target, JH Blades, CRC Voluntary Benefits, Ethos Underwriting Services, and Hanleigh. CRC Group’s insurance offerings and practice groups range from commercial property, casualty, professional lines, small business, transportation, environmental, construction, energy, healthcare, hospitality, manufacturing & distribution, public entity, and real estate, to personal lines, disability, voluntary benefits, and more. CRC Group has the largest collection of actionable data in the wholesale business and we are putting it to use to consistently deliver better outcomes and more efficient results for our clients. We leverage data to provide a better client experience through limits benchmarking reports, amendatory endorsements, comparison tools, form review library, and property risk assessment reports. We have unveiled the REDY platform, which uses data and analytics to help clients win. In addition, we offer products exclusively available from CRC Group through our Insurisk brand. Our Claims Advocacy team is another way we strive to enhance the client experience, our dedicated team is ready to assist even after the policy is placed, we are here to help in the event of a difficult claim, as well. These are just some of the ways CRC Group is placing you first.

Company details

IndustryInsurance Brokerage & Agencies
Company size1001 - 5000

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Job description

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

Supports a team by identifying, soliciting, and arranging appropriate insurance coverage for clients by accessing binding authority and brokerage markets. Responsibilities include but not limited to underwriting new and renewal business, ensuring adherence to binding authority carrier guidelines, approving policy changes, maintaining workload, solving coverage issues, monitoring claims and managing written business up to and including the time of binding according to company guidelines and established CRC procedures.

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. Manage the underwriting process ensuring adherence to carrier underwriting guidelines and CRC policies and procedures.
2. Submitting appropriate information to brokerage markets for accounts that do not fit binding authority markets
3. Make underwriting decisions and solve difficult underwriting and coverage problems for retail agencies
4. Develop, maintain and cultivate strong relationships with binding-authority and brokerage carriers
5. Solicit, market, quote, bind and confirm new and existing business.
6. Negotiate the best terms and coverages available with accessible markets while properly communicating with all producers regarding submissions and decisions for new or renewal business in a timely manner.
7. Approve and disapprove endorsement requests according to internal and carrier guidelines.
8. Monitor accounts to ensure compliance with the firm's policies and procedures.
9. Meet or exceed company file documentation standards, comply with underwriting authority level standards and pass all audits performed by markets and our Internal Review Department.
10. Maintain necessary licenses.

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. Bachelor's Degree or appropriate insurance designation
2. Three years of experience in underwriting or brokering E&S or specialty insurance products
3. Must be licensed in corresponding areas of insurance
4. Must be able to understand and independently manage the underwriting and brokerage process including analyze necessary components of insurance policies, determine terms and conditions, and price insurance products
5. Ability to understand the client's needs and have knowledge of the risk profiles associated
6. Recognize new trends and developments to the insurance industry and be able to incorporate into underwriting strategies
7. Possess strong knowledge of and experience in underwriting the types of accounts handled by the team on which they support
8. Ability to provide excellent customer service for retail insurance agencies
9. Team skills
10. Maintain current knowledge of the insurance industry
11. Good written and verbal skills

General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.

EEO is the Law   Pay Transparency Nondiscrimination Provision   E-Verify

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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