What are the responsibilities and job description for the Underwriter- Property position at IS3 Solutions?
Our direct client in Alpharetta, GA is growing and looking to add multiple underwriters to their team. One of the fastest growing companies in the industry.
Key Responsibilities:
Key Responsibilities:
- Solicit and review new and renewal property submission from various production sources
- Analyze submitted documentation according to company underwriting standards and guidelines and request additional information.
- Subject to written underwriting authority prepare and present quotation terms and conditions as submitted.
- As regards quoted terms or conditions outside underwriting authority, prepare written referral document and submit for approval to appropriate authority.
- Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies.
- Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts.
- Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements.
- Review and approve final bound policy terms prior to mailing to broker/client in accordance with underwriting standards and guidelines.
- Prepare and approve file documentation in accordance with file documentation procedures.
- Prepare various Home Office reports as requested or required.
- Other duties as may be assigned by manager
- Bachelors degree in a related field such as business, finance or insurance
- Minimum of 3 years of relevant experience
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