Lead Underwriting Consultant
Penn Mutual
Underwriting Assistant
Donegal Insurance Group
full-time
Posted on:
Location Type: Remote
Location: Remote • Pennsylvania • 🇺🇸 United States
Visit company websiteSalary
💰 $55,000 per year
Job Level
Junior
About the role
- Select, price and develop coverage terms for commercial lines accounts to achieve profitable underwriting results and assist with providing leadership, support and coaching for the underwriting function
- Review new business applications to evaluate degree of risk involved
- Accept or decline risks based on company’s underwriting policies
- Review application for completeness
- Contact agents for missing or incomplete information
- Using sound underwriting judgment and technical skills, and continued personal development to meet the company goals of quality and timeliness
- Assist data entry unit on the processing of new business, renewals, policy changes and all other related transactions
- Interpret insurance coverages for agents and insureds; answer telephone inquiries from agents and insureds regarding coverages and pricing
- Maintain and establish good working relationship with agents and communicate underwriting decisions to agents and insureds
- Review policy renewal information to determine if properly priced based on exposure; determine if policy should be renewed based on company criteria
- Review and approval all policy changes submitted
- Assist other functions or departments with enhancing and developing existing products in order to enhance the underwriting process
Requirements
- Bachelor’s Degree is preferred with a background in insurance or equivalent experience
- One (1) to Three (3) years of commercial experience at a company or agency level is preferred
- Commercial Technical Assistant’s with a minimum of 2 years’ experience will also be considered
- Demonstration of self-development through attainment of professional insurance designations, CLCS, AU, CPCU, ARM, etc.
Benefits
- Medical, Dental, and Vision Coverage : Available to you and your dependents.
- 401(k) with the first 3% matched at 100%: the next 6% is matched at 50%
- Paid Time Off : Paid vacation, sick days, paid holidays, & bereavement days
- Career Development : Including college partnership discounts and industry designation(s) reimbursements
- Additional benefits include company-paid basic life insurance; short & long-term disability insurance; employee stock purchase plan; and employee assistance program (EAP).
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwritingrisk evaluationdata entrypolicy analysiscoverage interpretationpolicy renewal reviewpolicy change approval
Soft skills
leadershipcoachingcommunicationrelationship managementjudgmentself-development
Certifications
CLCSAUCPCUARM
