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FM Global
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Underwriter
$75k-99k (estimate)
Full Time | Insurance 9 Months Ago
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Narragansett Bay Insurance Company is Hiring an Underwriter Near Johnston, RI

PRIMARY FUNCTION:

Reviews, evaluates, and rates insurance applications. Determines eligibility of risks when compared to guidelines of programs available. Evaluates the degree of risk involved and determine appropriate course(s) of action.

DUTIES AND RESPONSIBILITIES:

  • Use available data to make decisions on individual risks submitted as new business within underwriting authority
  • Reviews requests for cancellation, endorsements, reinstatements, etc.
  • Reviews inspections for eligibility
  • Underwrite renewal risks and make non-renewal decisions as necessary
  • Requests additional documentation necessary for the processing of an application, endorsement or cancellation
  • Build, maintain, and manage successful producer relationships to achieve new business development and retention
  • Provide support to agents as they use policy processing systems and underwriting guidelines to quote, issue and service business
  • Provide customer service to agents at a level that is consistent with company values
  • First responder to agency contact
  • Effectively collaborate within the Underwriting, Operations, Product Management, Claims, and Sales teams
  • Handle special projects and other related assignments as assigned
  • Communicates with co-workers, management, clients, vendors, and others to ensure understanding of policy processing systems, underwriting guidelines, products and coverages
  • Maintains the integrity of the company and products offered by complying with federal and state regulations as well as company policies and procedures
  • Actively work to improve ease of doing business & eliminate obstacles to doing business with the company
  • Use discretion and independent judgment to make decisions and resolve operational issues
  • May perform other duties and responsibilities as assigned

EXPERIENCE, EDUCATION, SPECIAL SKILLS PREFERRED:

  • Bachelor's Degree preferred

Describe specific requirements:

  • 1 – 2 years’ experience policy level underwriting and agency service within the Property and Casualty Insurance industry, preferably personal lines property
  • Proficiency with Microsoft Office programs required.
  • Demonstrated customer service focus / superior customer service skills.
  • Excellent communication and interpersonal skills.
  • Results driven with strong problem solving and analytical skills.
  • Ability to work independently in a fast-paced environment; meet deadlines and manage changing priorities effectively.
  • Very detail-oriented
  • Exceptional organizational skills
  • Collaborative partner; ability to contribute to a positive work environment.

Job Type: Full-time

Benefits:

  • 401(k) matching
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Referral program
  • Vision insurance

Schedule:

  • 8 hour shift

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$75k-99k (estimate)

POST DATE

09/16/2023

EXPIRATION DATE

10/15/2024

WEBSITE

nbic.com

HEADQUARTERS

JOHNSTON, RI

SIZE

25 - 50

FOUNDED

2006

CEO

TODD C HART

REVENUE

$10M - $50M

INDUSTRY

Insurance

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About Narragansett Bay Insurance Company

Narragansett Bay Insurance Company (Narragansett Bay) is a leading specialty underwriter of homeowners insurance products and services in states along the Northeast seaboard. The company currently provides homeowners coverage in CT, DE, MA, MD, NJ, NY, RI, and VA with plans to add additional states. Headquartered in Johnston, Rhode Island, Narragansett Bay offers its products and services through an extensive network of independent agents. Narragansett Bay has developed a unique approach to homeowners coverage. We believe that responsible homeowners, who do more to maintain homes and prevent ...loss, deserve more and better service from their insurance company. On that principle, we have made homeowners insurance our only business and we pride ourselves in delivering better fitting, more fair and flexible coverage, no matter the size or location of your home. Unlike other companies, we provide every new policyholder with an in-home ShelterPride Appraisal a personalized interior and exterior survey that helps ensure you have the correct amount of coverage based on replacement cost, alerts you to important safety risks, and makes sure you are getting the credits you deserve. By applying our industry leading underwriting analytics and cutting-edge technology, we can offer our higher level of service without higher prices for coastal and inland properties. Please contact your independent Narragansett Bay insurance agent to answer any individual questions and to design a complete insurance plan. Find out why we are The #1 Choice for Responsible Homeowners, like you. More
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