What are the responsibilities and job description for the Junior Underwriter position at LOYALTY MGA LLC?
Univista Insurance is looking for a detail-oriented and motivated Junior Underwriter to
join our underwriting team. This entry-level position is ideal for individuals looking to
develop their underwriting skills while supporting the team in evaluating risks and
assisting with the underwriting process.
Key Responsibilities:
- Assist senior underwriters in assessing and evaluating insurance applications and risks.
- Review and analyze policy applications, client data, and claims histories.
- Prepare quotes, endorsements, and binders for insurance policies.
- Assist in gathering and verifying information to ensure policies are written in accordance with company guidelines.
- Communicate with brokers, agents, and clients to gather additional information or clarify details.
- Ensure timely processing of applications and renewals, meeting department deadlines.
- Support in maintaining accurate records and documentation for underwriting files.
- Assist with identifying and addressing potential risks and recommending adjustments to policy terms.
- Stay up-to-date with industry trends and underwriting standards.
- Bachelors degree in Business, Finance, Risk Management, or a related field.
- Basic understanding of underwriting principles and the insurance industry.
- Strong attention to detail and analytical skills.
- Excellent communication and interpersonal skills.
- Ability to work well in a team environment.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
- Bilingual: Fluent in both English and Spanish (spoken and written) to communicate effectively with team members and clients.
- A proactive attitude with a willingness to learn and grow in the underwriting field.