Underwriter I

Irvine, California


Employer: USI Holdings Corporation
Industry: 
Salary: Competitive
Job type: Full-Time

General Description: Assess risks of a less complex nature, develop, and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance product to clients. Generate profit in accordance with company goals.

Responsibilities:

• Under general supervision, review insurance policy applications. Includes review for completeness, accuracy, and acceptability of risks.

• Obtain supplementary information as needed to underwrite policy.

• Determine the desirability of accepting or rejecting risks within program guidelines.

• Coordinate risk assessment with Underwriting team.

• Underwrite and price exposures in accordance with filed and approved program rate levels and guidelines. Bring policy to completion with recommending and binding coverage, invoicing, and policy issuance.

• Identify the need, order, and evaluate additional risk assessment information.

• Communicate with agents to obtain supplemental underwriting information as needed.

• May issue policies and endorsement accurately and update Agency logs.

• Analyze and rate endorsement requests.

• Issue and track conditional/non-renewal notices and cancellations. Adhere to regulatory compliance.

• Maintain knowledge of policy terms and endorsements.

• May require some travel for educational development or client relationship building.

Knowledge, Skills and Abilities:

• 2 years underwriting assistant or rating experience.

• High school diploma or equivalent required.

• Broad knowledge of insurance industry.

• Ability to negotiate with strong mathematical skills.

• Strong written and verbal communication skills.

• Working knowledge of Microsoft Office suite of products.

• Proficiency in utilizing company systems.

• Strong organizational skills with attention to detail and accuracy.

• Research skills required to troubleshoot customer problems.

• Ability to travel 5% of the time.

GLDR

#LI-AG1

#LI-Hybrid

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.

Salary Range: $45,000-$55,000 (depends on experience) This is a bonus-eligible position with a target incentive of 5%. Applications accepted through 7/31/2024

Job ID:

28386

Created: 2024-06-23
Reference: 28386
Country: United States
State: California
City: Irvine
ZIP: 92617


Similar jobs: