Insurance Underwriting Associate

Job Description

Description:

The position provides a variety of administrative information processing services to support the underwriting department and requires strong customer service skills. It operates as a training program to learn the company’s underwriting methodology and may provide an opportunity to become a full underwriter after a training period to be determined on a case-by-case basis based on applicant’s experience and potential.

Duties and Responsibilities:

· Evaluate new submissions to determine the acceptability of the risk in accordance with underwriting guidelines

· Learn and stay apprised of state/territory issues, regulations and trends

· Prioritize and manage inventory of special projects, new business opportunities, renewal business, and in-force policy endorsement and service requests

· Understand pricing components and rating methodology to price business based on risk characteristics, financial review and competitive analysis.

· Demonstrate technical and artistic/creative underwriting skills through strategic account review and detailed file pricing and risk documentation

· Effectively manage producer relationships to achieve production goals

· Learn how to collaborate with internal and external business partners

Qualifications/Requirements:

· Dynamic personality

· Exhibits strong organizational, problem-solving, and critical-thinking skills

· Build, strengthen, and maintain internal and external professional relationships

· Ability to thoroughly analyze various risk factors and demonstrate a flexible, creative, and thoughtful underwriting approach

· Competent use of technology

· Ability to function in a highly collaborative, fast pace, team environment

· Outstanding oral and written communication skills

Job Type: Full-time – On-site Only

Work Locations: In-Person at our UT, IL, PA, or FL offices

This is an in-person position that requires daily attendance at one of our office locations. NO REMOTE WORK AVAILABLE

Prime Insurance Company is a committed and trusted resource for individuals, businesses and producers, following a bold business model that has inspired 40 years of success and growth. By keeping our underwriting and risk management teams in-house, we’ve been able to write an endless list of risk classes, and offer a broad range of coverage in specialty classes. Our in-house, expert claims team has handled over 80,000 claims and provides support to insureds throughout the entire insurance process from risk mitigation to claims handling. Our internal teams work together to support Prime, the producer and the insured to get the most reliable coverage for their liability risk.