2 Personal Lines Underwriter Jobs in Montvale, NJ
Jimcor Agency Inc. is Hiring a Personal Lines Underwriter Near Montvale, NJ
Essential Duties and Responsibilities:
- Review applications for insurance coverage, reports from loss control consultants and other information to determine if a Personal Lines risk is acceptable for the program(s) available.
- Evaluate the experience of a risk against the class of business under review.
- Evaluate the loss potential due to catastrophe, severity, and/or frequency.
- Rate policies efficiently, accurately, and within the guidelines of the available program(s)
- Utilize publicly available knowledge to evaluate risk.
- Prepare premium quotations for new business risk submissions.
- Review requests for policy cancellations, endorsements, and reinstatements.
- Evaluate policies for renewal consideration and recommend appropriate price or coverage adjustments based on prior policy experience.
- Request additional documentation necessary for the processing of an application, endorsement or cancellation.
- Promptly address inquiries from agents, policyholder, or prospects.
- Conduct On-site marketing visits and system training, as required, at our agents' offices.
- Perform other duties as assigned.
- Must have a valid Producer's License.
- 3 or more years of insurance experience is required.
- Demonstrated experience in standard underwriting practices and procedures is strongly preferred.
- Must possess effective communication, negotiation, and computer skills.
- Must possess strong analytical skills and detail orientation.
- Comprehensive knowledge of insurance coverage forms and their application to exposure strongly preferred.
- Working knowledge of applicable Insurance Department regulations and policies is required.
- Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines and standard accepted underwriting practices is required.
- Insurance Industry designations are preferred.
View All Openings: https://www.jimcor.com/join-our-team
Website: www.jimcor.com
Job Summary
Full Time
$72k-94k (estimate)
09/07/2024
09/26/2024
The following is the career advancement route for Personal Lines Underwriter positions, which can be used as a reference in future career path planning. As a Personal Lines Underwriter, it can be promoted into senior positions as a Health Underwriter, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Personal Lines Underwriter. You can explore the career advancement for a Personal Lines Underwriter below and select your interested title to get hiring information.
