Senior Commercial Lines Automated Underwriting Analyst
Encova Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Columbus • Ohio • 🇺🇸 United States
Visit company websiteSalary
💰 $86,744 - $138,790 per year
Job Level
Senior
Tech Stack
Tableau
About the role
- Oversees the performance of Encova’s Commercial Lines automated underwriting rules relative to profit, growth and straight through processing targets through analysis, collaboration, recommendations for improvement and implementation
- Partners with others to develop and monitor reports to evaluate rule performance and to identify opportunities for improvement
- Leverages existing commercial lines underwriting and operations acumen and input from others to inform and develop recommended action plans
- Implements those plans either directly through entry into a rules management system (Sapiens) or partnership with IT
- Develops, manages and uses a set of KPIs and targets to assess automated underwriting performance
- Analyzes trends, identifies root causes and recommends changes to improve performance relative to targets and business outcomes
- Designs, implements and continuously refines business rules, screen design and referral thresholds to optimize performance including cost/benefit considerations
- Responsible for the day-to-day management of the commercial lines underwriting rules management system (Sapiens Decisions)
- Acts as a strategic partner to underwriting, product actuarial and IT peers to inform or support pricing or underwriting strategies or actions
- Provides regular updates and business insights to CL leadership on automated underwriting performance, opportunities and improvement actions in flight
- Utilize tools like Tableau, SAS or other database query tools to supplement information received from product analytics
- Use analysis tools within Excel and SAS to perform rigorous analyses and develop sound recommendations
- Build pivot tables to identify, summarize and visualize data; use formulas to analyze and manipulate the data; create cross tabulations; build charts to pictorially summarize analyses
- Maintains and shares knowledge on emerging automated underwriting trends in the commercial lines P&C market
Requirements
- Bachelor’s degree or professional level of knowledge in a technical and analytical field, or equivalent, related experience
- Minimum of 5 years of Commercial Lines multi-line experience with a focus on underwriting or operations for at least 2 of those years
- Working knowledge of Tableau, SAS and/or other data analysis tools, with proficiency in Tableau preferred
- Attention to detail with ability to manage multiple tasks/priorities while working in a fast-paced environment with limited supervision
- Flexibility to handle assignments in various states of completion at the same time
- Project management skills
- Quantitative analysis and critical thinking skills
- Strong mathematical aptitude and analytical skills
- Advanced experience using Microsoft Excel, Word, PowerPoint and Access
- Superior communication skills (verbal and written) along with strong presentation skills
- Ability to deal with ambiguity and determine the correct course of action
- Insurance designation(s) such as CPCU, ARM, AU, etc. or progress towards is preferred.
Benefits
- Health, Dental & Vision Insurance
- Company-provided life and income protection plans
- Eligibility to participate in a company incentive bonus program
- 401(k) Retirement Plan - 100% company match up to 7% on annual salary
- Paid Time Off, Paid Holidays, and Floating Holidays
- Flexible Work Arrangements - Hybrid and remote depending on the role
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
automated underwritingdata analysisquantitative analysisKPI developmentbusiness rules designperformance analysisroot cause analysisproject managementmathematical aptitudecritical thinking
Soft skills
attention to detailflexibilitycommunication skillspresentation skillsability to manage multiple tasksdealing with ambiguitycollaborationrecommendation developmentstrategic partnershiporganizational skills
Certifications
CPCUARMAU