What are the responsibilities and job description for the ALTA RISK Renewal Underwriter, Specialty E&S position at Amwins Group, Inc.?
Alta Risk, LLC is looking for experienced Renewal Underwriters for their company headquarters in Overland Park, KS. While adhering strictly to ALTA Risk’s Underwriting Guidelines and operating within the Renewal Underwriters Letter of Authority, the primary responsibility of the Renewal Underwriter is to review the renewal submission to determine eligibility, and if deemed eligible, generate a renewal premium quotation and communicate terms and conditions to the Alta Risk broker.
The Renewal Underwriters must coordinate the delivery and the follow up of renewal terms and conditions with the originating underwriter. Any account deemed in Jeopardy must be identified by the Renewal Underwriter 30 days prior to expiration and brought to the attention of the Renewal Underwriters manager.
Renewal Underwriter duties:
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Work within Underwriting Guidelines and applicable Underwriter Letter of Authority to classify and rate an account at renewal in order to provide renewal terms
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Review renewal applications to confirm that information is appropriate to proceed in underwriting actions
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Create Renewal Spreadsheet Raters to re-rate and formulate renewal quotes for all renewal accounts assigned
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Receive referral approval from Renewal Management/Senior Underwriting on all accounts that are not within the Renewal Underwriter’s Letter of Authority
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Perform ISO re-rates and obtain updated SAFER reports on accounts that have an Auto exposure
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Expected to communicate any accounts that may be in jeopardy of being lost at renewal to Renewal Management
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Monitoring account pricing and rate at renewal to ensure that appropriate rate goals are maintained
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Review and provide bind order details to Underwriting Assistants for binding/issuance
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Complete Quality Assurance and Quality Control review on all bind orders
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Foster positive working relationships with wholesale brokers
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Foster positive working relationships with Alta’s new business underwriting team to fully understand the renewal accounts
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Utilize time management abilities in a fast-paced, high volume environment, which includes organizing, multitasking and triaging account priority
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Responsible for endorsement requests during term of policy
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Review renewal account subjectivities as they are received for accuracy and acceptability
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Review underlying policies as they are received for accuracy and acceptability
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Perform other duties as may be assigned
KNOWLEDGE/EXPERIENCE
- Full understanding and application of concepts, practices and procedures related to insurance, typically acquired through a high school diploma or equivalent, with 2-3 years of insurance experience, or a B.A. in insurance or risk management.
NECESSARY SKILLS/ATTRIBUTES
- The ability to:
- Ability to interact/develop relationships at all levels both internally and externally
- Manage strict details
- Handle multiple tasks
- Proficient computer knowledge including, but not limited to, Microsoft Office
- Verbal/written communication skills and math skills
- Ability to resolve moderately complex problems
- Organize tasks effectively
- Heavy word processing/keying required
- Work is performed under immediate to general supervision, following well-defined instructions, policies, and procedures
PHYSICAL/MENTAL DEMANDS AND WORKING CONDITIONS
- Frequently uses PC and/or computer terminal
- Frequently uses telephone and/or headset
- May work long, irregular hours
- Sits for long periods
- May bend, twist and /or stoop
- May kneel, crouch and/or crawl
- May occasionally reach, push and/or pull with arms
- Frequently uses hands to handle, finger and/or feel
- Occasionally climbs ladders, stairs, steps, or stools
- Frequently operates office equipment
- Moves throughout the department/facility
- Lifts/moves items weighing up to 25lbs
No direct inquiries, please.
