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Senior Underwriter
CiscoUnderwriter evaluating and managing new and renewal business at Summit, a leading workers' compensation provider in the Southeast. Collaborating with clients and internal teams to make informed underwriting decisions.
About the role
Key responsibilities & impact- Evaluates and underwrites new and renewal business in accordance with Company underwriting guidelines and risk appetite.
- Analyzes risk data to make informed decisions on coverage, pricing, and terms.
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
- Orders and reviews additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
- Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
- Evaluates existing policies for potential renewal or modification.
- Communicates underwriting decisions clearly and effectively to internal teams, agents, and brokers.
- Stays updated on industry trends, regulatory changes, and market conditions.
- Develops and maintains effective business relationships with internal and external customers/coworkers, focusing on generating new business and retaining profitable business.
- Interprets, explains, and markets products and services.
- Performs other duties as assigned.
Requirements
What you’ll need- Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience
- Generally, a minimum of 5 years of experience in Underwriting or a related field
- Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS), or Associate of Risk Management (ARM)
- Familiar with moderately complex concepts, practices and procedures
- Maintains strong knowledge of company policies and industry laws and regulations
- Excellent interpersonal and communication skills.
- Demonstrates strong analytical skills with attention to detail.
- Strong negotiation and decision-making ability.
- Position requires occasional travel.
Benefits
Comp & perks- medical, dental, and vision coverage
- wellness plans
- parental leave
- adoption assistance
- tuition reimbursement
- Paid Time Off and paid holidays
- 401(k) plan with company match
- employee stock purchase plan
- commuter benefits
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
underwritingrisk analysiscoverage pricingdocumentationpolicy evaluationregulatory compliancedata analysisnegotiationdecision-makingbusiness relationship management
Soft Skills
interpersonal skillscommunication skillsanalytical skillsattention to detailcollaborationcustomer serviceproblem-solvingadaptabilityteamworkrelationship building
Certifications
Associate in Underwriting (AU)Chartered Property Casualty Underwriter (CPCU)Certified Insurance Counselor (CIC)Program in General Insurance (INS)Associate of Risk Management (ARM)