Accident & Health Underwriter

Position Overview

The Underwriter I will evaluate new and renewal risks to ensure proper risk selection, pricing, and terms for policies generated in assigned territory. This position will work within the established strategy and delegated authority to generate a profitable portfolio.

Key Responsibilities

• Risk evaluation. Evaluate submissions to determine acceptability of risks in accordance with company guidelines and standards. Determine proper coverage, pricing, limits and terms based on exposure.
• Guideline adherence. Understand and follow the applicable underwriting guidelines, policies, and procedures to maintain consistency and adherence to industry regulations. Operate within assigned letter of underwriting authority.
• External communication. Interact with customers, agents, and brokers to gather necessary information and to clarify underwriting requirements. Negotiate policy terms. Participate in stewardship meetings.
• Data analysis. Utilize analytical tools to evaluate exposure and understand the driver of claims.
• Collaboration. Drive a multi-disciplinary approach to understanding insureds’ risks. Collaborate with other underwriters and team members to gain a comprehensive understanding of the exposure and best means to provide coverage.
• Documentation. Maintain accurate and detailed records of underwriting decisions and communication with both internal and external parties. Document the underwriting process and decisions of assigned policies.
• Portfolio Management. Manage profitability, risk characteristics, submission flow, agent/broker relationships and customer service of assigned territory. Exhibit knowledge of insurance and health care industries and similar coverages.
• Marketing. Assist in marketing activities.
• Project work. May participate in projects.

Required Qualifications

• Bachelor’s degree from a four-year college or university; or two to five years related experience and/or training; or equivalent combination of education and experience.
• Strong analytical skills.
• Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, governmental regulations, underwriting guidelines, manuals, bylaws, financials, loss runs, Joint Commission reports, and other industry reports.
• Ability to write reports and business correspondence.
• Proficiency with Microsoft Office suite of programs.
• Comfortable and effective in presenting information and responding to questions from managers, clients, customers, and the general public.
• Ability and willingness to travel up to 20% of the year.

Preferred Qualifications

• Willingness to complete requirements of the CPCU or RPLU designation.

Benefits & Perks

• Compensation: Base salary range is $70,075 - $94,805. Individual compensation packages are based on a variety of factors unique to each candidate including location, skill set, experience, qualifications, and education.