Underwriter

• Select, price and develop coverage terms for small 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 coverage’s 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

Small Business Underwriting Assistant

Underwriting Assistant

• Maintain and enhance sales support mechanisms for prospective clients
• Calculate risk of pricing metrics and value derived from the relationship with the client
• Review, pro-actively identify, and support implementation of opportunities for rebate, pricing, and discount performance improvement via analysis
• Research external and internal pricing trends and forecasts to contribute to overall pricing strategy
• Maintain databases to support business decisions and inform responses to client or prospective client requests
• Track and report client performance impacts of relevant programs. (e.g. Savings Connect)
• Monitoring of forecasted results as they compare to actuals
• Identify opportunities for client savings or program enhancements
• Perform analyses as requested by internal and external business owners, or in support of identified business objectives
• Develop an understanding of contractual terms and performance to assist in development of program strategies, pricing decisions, and contract language
• Perform quality assurance to ensure accuracy of pricing and processes
• Other duties as assigned

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Small Business Underwriting Assistant

Underwriting Assistant

Analyst, Pricing and Underwriting