What are the responsibilities and job description for the Underwriter position at Coverys?
Supports underwriting function through collaboration, communication, and analytical capabilities. Collaboration is demonstrated through consistent interactions with associates, management and business development leaders in regard to account and day to day territory decisions. Effective communication is exhibited through the fostering of key relationships to our internal and external customers. Strong analytical capabilities allow the underwriting to influence the profitability of the book of business.
Essential Duties & Responsibilities
- Analyzes pertinent information and exposures necessary to make decisions on account acceptance or declination and determine proper classification.
- Approves applications, renewals, and endorsements within authority level. Determines appropriate rating plan and accurately calculates premiums for presented risks.
- Effectively communicates and accurately documents underwriting decisions.
- Manages assigned territory within company guidelines and compliance while meeting company financial objectives.
- Develops and fosters relationships with agent broker partners through effective and efficient communication.
- Actively participate in presentation to current and prospective insureds.
- Exhibits knowledge of Insurance and Healthcare Industry, including medical, legal and insurance terminology.
Education, Requirements & Competencies
- Bachelor's degree (B.A.) in Business Administration from a four-year college or university; or two to four years related experience and/or training; or equivalent combination of education and experience.
- Property and Casualty Producers license or pursuit thereof required. Willing to complete requirements of the CPCU or RPLU designation, or equivalent related experience and/or training.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, governmental regulations, underwriting guidelines and manuals, bylaws, financials, articles of organization, loss runs, Joint Commission reports and other industry reports.
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
- Ability to use Microsoft Word, Microsoft Excel, Microsoft Outlook and Microsoft Internet Explorer. Experience in PowerPoint is a plus.
- Ability to learn the use of new software applications as required.
Base salary range is $70,074.00 - $94,806.00. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.
If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!
Salary : $70,074 - $94,806
